Monthly Savings ois available for the following cryptocurrencies: BTC, ETH, XRP, MATIC, AAVE, USDT, USDC, XLM, LTC, LINK, ADA, UNI.
Activating Monthly Savings:
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Log in and go to Savings - Monthly Savings.
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Choose the amount you want to invest per month. The minimum amount for Monthly Savings is 10€.
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Select the savings day — you can choose the 5th, 10th, 15th, 20th, or 28th day of the month.
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Choose at least one cryptocurrency in which you want to invest monthly.
- Choose the percentage of the amount allocated to each cryptocurrency. The percentage must be between 10% and 100%. Make sure the percentages add up to 100 %.
- Example: If you want to invest the same amount in Bitcoin and Ethereum each month, add both currencies to the plan and allocate percentages of 50% each.
- Example: If you want to invest the same amount in Bitcoin and Ethereum each month, add both currencies to the plan and allocate percentages of 50% each.
- Review the payment instructions to set up a recurring monthly payment from your own bank. Set up your deposit 4 days before your intended monthly saving date as SEPA transfers take up to 3 days to arrive.
- Choose whether you want to receive email reminders for deposits. This is not necessary if you set up the recurring payments from your bank.
Changes to Monthly Savings:
- Log in and go to Savings - Monthly Savings.
- In the mobile app, select Edit Monthly Savings. In the browser, make changes directly in the fields you want.
- Make the desired changes or cancel monthly savings by clicking Cancel Plan.
- Confirm the changes by clicking Save Changes.
What if there are no euros in my account on the savings day?
If there are not enough euros in your account to execute the savings plan, Coinmotion will simply not carry out the purchase according to the plan. The platform will attempt to make the purchase again on the next scheduled savings day. Making a savings plan does not obligate you in any way to make the transfer each month.