In this article:

1. Recurring Buys оverview
2. How to set up a Recurring Buy with a credit/debit card
3. How to set up a Recurring Buy with my available FIATx and stablecoin balances
4. What is the minimum Recurring Buy I can schedule
5. How many recurring buys can I schedule per day
6. How to cancel an active Recurring Buy

1. Recurring Buys оverview

Have you wondered if you can buy crypto automatically on a recurring basis? If so, Nexo’s Buy feature allows you to do so. By obtaining crypto assets over time at a steady pace (instead of buying large quantities at once), you may reduce the impact of short-term price fluctuations. Here are the main characteristics:

• Set a daily, weekly, bi-weekly, or monthly frequency for your purchases or swaps.
• Create recurring buys using your credit/debit card (mobile app and web platform).
• Create recurring buys using the available FIATx or stablecoin balances in your Nexo account (mobile app and web platform).
• Crypto cashback between 0.1% and 0.5% per purchase/swap, depending on your Loyalty level.

Note: Residents of EEA countries cannot set up recurring purchases to buy USDT, DAI, TUSD, USDP, and PAXG.

The sections below provide a step-by-step walkthrough when making your first recurring crypto purchases.

2. How to set up a Recurring Buy with a credit/debit card

1. Tap the Add funds button on your Dashboard and select the asset you wish to purchase.

2. Make sure you have linked your card. If so, it should be the default payment method. Tap One-time Purchase.

3. Select the desired purchase frequency and tap Confirm.

4. Input the desired purchase amount and tap Continue.

5. Review the details of the purchase and select Confirm Order.

Notes:

• If this is your first recurring purchase with this card, you will have to complete 3DS verification. Once you do, your recurring purchase will be set up.
• The first purchase will be executed on the Next Payment date visible on the Preview Order screen.
• You can set up multiple recurring buys associated with one card.
• Recurring buys made with a credit/debit card are subject to a card processing fee depending on your country of residence. Please check the dedicated article for more details.
• If a recurring purchase fails three times in a row due to issues such as insufficient funds in your card, it will be automatically cancelled.
• Setting up recurring buys via Google Pay or Apple Pay is currently unavailable.

3. How to set up a Recurring Buy with my available FIATx and stablecoin balances

You have the option of using the existing FIATx or stablecoin balances from your Nexo account to buy crypto. Here’s how to do it:

1. Tap the Add funds button on your Dashboard and select the asset you wish to purchase.

2. Tap One-time Purchase.

3. Select the desired purchase frequency and tap Confirm.

4. Select your preferred FIATx or stablecoin asset from the dropdown menu.

5. Input the desired purchase amount and tap Continue.

6. Review the details of the purchase and select Confirm Order.

Note that recurring buys with available stablecoin and FIATx balances may be subject to a fee depending on the order size:

• Orders between 0 and 00 -> Fee: $0.99
• Orders between 00.01 and $250 -> Fee: .99
• Orders above $250.01 -> No fee

4. What is the minimum Recurring Buy I can schedule

Each recurring buy must be at least 0 in value.

5. How many recurring buys can I schedule per day

• Credit/Debit card: You can schedule an unlimited number of recurring buys with a credit or debit card.

• FIATx and stablecoins: You can create up to 20 recurring buys each day using available balances (FIATx and stablecoins) across all supported assets and frequency options. Please note that canceling a recurring buy does not free up a slot, and the limit is reset on a 24-hour rolling basis.

  Example: On February 17 at 11:00 UTC, you create a recurring buy to purchase BTC using USDT from your Savings Wallet. Later that day, you schedule 19 more recurring buys. If you try to create more recurring buys on February 17 using FIATx or stablecoin balances, the attempts will fail.
  To schedule another recurring buy, you must wait until February 18 at 11:00 UTC at the earliest (24 hours after setting up the first one). Each of the 19 remaining recurring buys is also subject to a 24-hour interval from its respective setup time.

6. How to cancel an active Recurring Buy

Although you cannot modify the setup of an active recurring purchase, you can cancel it at any time. Here’s how to do it:

1. Navigate to the Profile icon in the top-left corner and select Recurring Buys from the Products category.

2. Select the recurring transaction you wish to terminate and then tap Cancel Recurring Buy.