This competition has now closed. Thank you for participating.
The winner of the competition was Anthony W. of Perth, WA.
Make a recurring trade in the Finder App between 1 November 2021 and 30 November 2021 for your chance to WIN $1,000 in Finder Wallet credit. Each recurring trade equals one entry.
Watch the video for information about recurring trades and how to enter.
What is a recurring trade?
A recurring trade is purchasing a set amount of cryptocurrency at the same time every day, week or month.
What is an example of a recurring trade?
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 two 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.
What are the benefits of recurring trades?
- Easily automate your buys in line with your budget.
- Protect yourself from crypto price fluctuations.
- Incrementally grow your wealth over time.
How long does it take to set up a recurring trade in the Finder app?
You can set up a recurring trade in under 10 minutes.
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