Set it and forget it with Recurring Buys!

November 8, 2022
November 8, 2022
Set it and forget it with Recurring Buys!

Summary: 

Staying on top of your dollar-cost averaging (DCA) plans just got a lot easier — say hello to recurring buys on Newton. Recurring buys help you keep up with your DCA schedule so you can sit back and relax. You can now set an amount and frequency for any coin we offer to be purchased automatically. Once set up, let us take care of the rest. 

How to set up a recurring buy

You’ll find a new option to set up a recurring buy when you click on the “trade” option in your Newton app. From there, specify the coin, amount, start date, and frequency for your future purchases. You can select the calendar date which you’d like your recurring buys to start. Once selected, we’ll show you an interactive chart with the sum of your recurring buys over the coming year. From there, you can set it and forget it and let us do the heavy lifting. 

  

Edit & cancel recurring buys

We understand that things change. Once you’ve set up a recurring buy, you can always edit it or cancel it. To do so,  navigate to view your existing recurring buys and make any changes needed there. 

Things to Keep In Mind

  • Please note that recurring buys will count towards the net buying limits which are outlined here. 
  • Make sure to have enough fiat (CAD) sitting in your account for future recurring buys to ensure that the orders get filled on schedule and without issues. 
  • Recurring buy orders will execute within the set calendar day in EST. Orders will generally be filled in the morning but may occur throughout the day. 

For step-by-step instructions, check out the video here:

Have More Questions?

Feel free to reach out to our customer support team if you have any questions about this feature or if you need some help using our platform. 

 

Contact us at: newton.co/support or reach out to us on social media. Follow us on Twitter, and Reddit, or join our Discord community to stay up to date.

Want to help us shape the products we build? We're always looking for valuable insight and feedback from our users. If you have features you'd like to see or are interested in joing our user research group, email support@newton.co

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