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Getting started with Savings

Setting up a monthly savings plan takes just a moment, after which saving will proceed automatically.

Part 1: Create your savings plan

Finding Savings in the app

Services → Savings

Setting up your plan

  1. Pick your savings day. Choose the 5th, 10th, 15th, 20th, or 28th of each month. This is when your euros automatically convert to crypto.
  2. Choose your monthly amount. Minimum 10€, no maximum. You can change this anytime.
  3. Select your cryptocurrencies. Pick one crypto or split across multiple. You can also choose a pre-built bundle like "Top 3" for beginners. Available cryptos: BTC, ETH, XRP, AAVE, USDC, XLM, LTC, LINK, ADA, UNI.
  4. Set your allocation. Review how your amount splits across your chosen cryptos. Adjust percentages if needed – must add up to 100%.

Your plan is now created, but it won't run until you have euros in your account. That's what Part 2 is for.

Part 2: Set up your recurring deposits

This is the most important step. Your Savings plan needs euros in your account to work. By setting up a recurring bank transfer, you won't have to worry about it and it will run automatically.

Universal steps for all banks:

  1. Log into your online bank or mobile app.
  2. Create a new payment. Look for "New payment", “Transfers”, or “Payments”
  3. Enter Coinmotion details. Use the payment details shown in your Savings plan in the Coinmotion app. The reference number is required - without it we can't match the transfer to your account.
  4. Make it recurring. Look for "Recurring payment" or "Repeat" option, set frequency to "Monthly". Set the date 3-4 days before your savings day (transfers take 1-3 banking days).
  5. Confirm with your bank's security. Mobile ID, app confirmation, or code calculator

After setup, you should see this payment in your bank's "Upcoming payments" or "Scheduled transfers" list.

Important reminders

You must use your own bank account
Deposits must come from a bank account in your name. We cannot accept transfers from other people's accounts for regulatory reasons.

First deposit needs extra time
For your very first recurring payment, set it up at least a week before your first savings day. Banks sometimes need 1-2 days to activate new recurring payments.

Weekends don't count
If your transfer date falls on a weekend, banks process it on the next business day. Account for this in your timing.

Part 3: What happens next

Your first month timeline

Once you've set up both your plan and recurring deposit, here's what to expect:

Today: Plan created ✓
3-4 days before savings day: Your bank sends euros to Coinmotion
1-2 days later: Euros appear in your Coinmotion account
Savings day (midnight): Automatic purchase executes
Next morning: Check your portfolio to see your new crypto

Verify your setup is complete

✓ Plan created – You see your plan in Services → Savings 

✓ Recurring payment scheduled – Check your bank's upcoming payments 

✓ Reference number included – Double-check this in your bank payment 

✓ Timing correct – Payment scheduled 4 days before savings day 

✓ Amount matches – Bank payment = your monthly savings amount

Missing any of these? Your first purchase might not execute.

If something goes wrong

No euros on savings day?
Your plan stays active and will try again next month. No fees or penalties. Just verify your recurring payment is correctly set up at your bank for next time.

Deposit arrived late?
Adjust your bank's recurring payment to send 1–2 days earlier. The plan will execute normally next month.