Crypto.com launches recurring buy for US stocks
The app lets US users automate purchases of individual stocks and stock baskets on daily to monthly schedules.
Crypto.com has added Recurring Buy to its app, enabling automated purchases of US individual stocks and stock baskets at regular intervals.
The feature applies dollar-cost averaging by investing fixed amounts on a set schedule, the company said. The company added that automation aims to reduce emotional trading and support steady, long-term portfolio building.
Recurring Buy supports flexible scheduling, including daily, weekly, bi-weekly and monthly frequencies. The company said users can pause or cancel plans at any time, use linked bank accounts as backup funding, and that recurring buys carry no commissions.
To set up a plan, users select Stocks in the app, choose a stock or basket, pick Recurring Buy, set frequency and start date, and confirm. The company said users can view, manage or pause plans in the Manage Recurring Buys section and consult the FAQ for assistance.
The company said securities are offered to U.S. persons by Foris Capital US LLC, and participation is optional and subject to the Crypto.com App Terms & Conditions and Privacy Notice.
The Recap
- Crypto.com launches Recurring Buy for US stocks and baskets.
- Users can schedule daily, weekly, bi-weekly or monthly buys.
- Recurring buys carry no commission and can be paused.
