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).

What is Dollar Cost Averaging (DCA)?

DCA is a commonly used investment strategy that allows you to automatically buy crypto with your debit or credit card regularly and purchase CoinJar Bundles to ensure a diversified portfolio.

Any crypto investment can have extreme price volatility, often experiencing rapid and unpredictable price fluctuations within short periods.

Benefits of CoinJar’s Recurring Buy

• It doesn’t require a significant up-front investment
• Set and forget - you won’t have to log in each month to purchase cryptocurrency
• A low 2% debit/credit card fee
• Cancel and withdraw at anytime

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.

How to set up CoinJar Bundles with Recurring Buys

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)

To learn more, please visit CoinJar Support.

If you have further questions, please visit our Knowledge Base article or contact our support team.

CoinJar’s digital currency exchange services are operated by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC.

CoinJar Card is a prepaid Mastercard issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard. CoinJar Australia Pty Ltd is an authorised representative of EML Payment Solutions Limited (AR No 1290193). We recommend you consider the Product Disclosure Statement and Target Market Determination before making any decision to acquire the product. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

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