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Dollar Cost Averaging (DCA) with CoinJar Bundles Recurring Buy is now available on CoinJar, allowing you to set up weekly, fortnightly, or monthly purchases at your chosen rate. Use your debit or credit card to set up automated crypto purchases within your CoinJar iOS or Android app. (Card purchases are not available as yet in Ireland).
DCA is a commonly used investment strategy that allows you to automatically buy crypto with your debit or credit card regularly and purchase to ensure a diversified portfolio.
Any crypto investment can have extreme price volatility, often experiencing rapid and unpredictable price fluctuations within short periods.
CoinJar recommends using debit cards because credit card purchases might incur additional fees if your financial institution chooses to classify these transactions as cash advances. Irish customers must use bank transfers, however.
1. After opening the CoinJar App, select CoinJar Bundles under the “Your CoinJar” section.
2. Select a Bundle
3. Select “Add Funds/Add Funds to Bundle”
4. Select “Set up recurring buy”
5. Choose your Payment method. If you are yet to add a debit/credit card to your CoinJar you will be presented with the option to add one.
6. Create your Payment Schedule (amount, starting date, and frequency)
If you have further questions, please visit our or .
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