Finder makes money from featured partners, but editorial opinions are our own.
How to set up recurring trades and deposits in your Finder Wallet
You can auto-invest in crypto by using the Finder Wallet recurring trade feature, and auto-deposit into Finder Earn..
You can easily invest in Bitcoin, Ethereum and 5 other cryptocurrencies using recurring trades in the Finder app. Head to the Crypto tab to get started. Get it here.
How recurring trades work
Recurring trades let you automatically invest in certain assets at specific times and for certain amounts. For many investors, recurring trades can be an extremely useful tool as they eliminate a lot of the stress and risk associated with investing.
Recurring trades are based on a popular investing principle known as dollar-cost averaging, and are an easy way to automate your investing.
By setting up recurring trades in your Finder Wallet, you can choose when to invest in cryptocurrencies, and also choose how much you want to invest each time.
Recurring trades are made using the Cash balance in your Finder Wallet, so you'll need to make sure you have enough in your wallet to cover the value of any recurring trades you have set up. The easiest way to ensure you have the right amount of funds to cover your trades is by setting up an automatic, recurring deposit from your bank account to your Finder Wallet.
Find out how to set up recurring deposits and trades using the step-by-step guide below.
How to set up recurring deposits to your Finder Wallet
Log in to your banking app or site.
Navigate to the payments section.
Create a new payment.
Choose the account you want to use to make deposits.
Select Finder Wallet as the payee using the Finder Wallet account number and BSB provided in your Finder app.
Enter the amount you want to deposit.
Select the "recurring" or "repeating" payment option.
Choose the frequency that you want deposits to be made. This should match the recurring trade schedule you have set up in your Finder Wallet. For example, if you've set up weekly recurring trades in the Finder app, set your recurring deposit to be weekly as well.
Pick which day you want the deposits to be made. Make sure it is at least 2 days before your recurring trade is due to come out to make sure the money arrives in time. For example, if you have your recurring trades in the Finder app set to happen every Friday, set up your recurring deposit so that it comes out on the Tuesday or Wednesday before.
Check the details you have entered are correct.
Confirm the payment.
Check your deposits are arriving in your Finder Wallet.
How to set up recurring trades in the Finder Wallet
Tap the "Tradeable" toggle at the top right to display tradeable coins.
Tap on the coin you want to set up a recurring trade for.
Scroll down to the "Recurring buys" section and then tap "Set up".
Enter the amount you wish to purchase. The minimum trade amount is $5.
Pick how often you want to make a trade. You can choose daily, weekly or monthly trades.
Click "Review" to confirm your trade details.
Swipe up to submit your recurring trades.
Frequently asked questions
A recurring trade is when you automatically purchase a certain amount of cryptocurrency at the same time every day, week or month.
Joe has $50 and sets up a $25 recurring trade to buy Bitcoin every week on the Finder app.
In the first week he buys $25 worth of Bitcoin at a price of $50,000. In the second week, Bitcoin went down to $49,000 and he buys another $25 worth at this price.
Since Joe divided his investment into 2 smaller amounts, his dollar goes further than if he decided to invest $50 in the first week. His average buy-price using this method is $49,500.
Easily automate your buys in line with your budget.
Protect yourself from crypto price fluctuations.
Incrementally grow your wealth over time.
You can set up a recurring trade in under 10 minutes.
Disclaimer:
This information should not be interpreted as an endorsement of cryptocurrency or any specific provider,
service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and
involve significant risks – they are highly volatile and sensitive to secondary activity. Performance
is unpredictable and past performance is no guarantee of future performance. Consider your own
circumstances, and obtain your own advice, before relying on this information. You should also verify
the nature of any product or service (including its legal status and relevant regulatory requirements)
and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
Tom Stelzer is a publisher and writer for Finder, covering investing and cryptocurrency.
He previously worked for Finder as a writer in Australia and the UK, covering things like personal finance, loans, investing, insurance as well as small business and business loans.
He has a Master of Media Arts and Production and Bachelor of Communications in Journalism from the University of Technology Sydney. See full bio
SPONSORED: We’ve prepared some important topics for you to discuss with your vet, so you can get the most out of your next visit and keep your doggo wagging their tail.
Millions of Australians have suffered the humiliation of having a purchase not go through due to lack of funds in recent months, according to new research by Finder.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
