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How do recurring orders work?

River Help CenterBrokerageBuying & Selling Bitcoin

How do recurring orders work?

Recurring orders allow you to purchase Bitcoin on a regular and automatic frequency. Once you set up your order, Bitcoin will be purchased on your account at the frequency you have selected. Setting up a recurring order is a way to accumulate Bitcoin over the long-term and lower your exposure to price volatility. Recurring orders commonly fall into a dollar-cost averaging (DCA) strategy. To learn more about dollar-cost averaging you can read our River Learn article.

River allows you to set up the following frequencies for recurring orders:

  • Hourly

  • Daily

  • Weekly

  • Bi-weekly

  • Monthly

How do I set up a recurring order?When do zero fees start for my recurring order?What payment methods can I use for a recurring order?When is my bank account debited?When will my recurring order be executed?Can I edit a recurring order?How do I cancel a recurring order?