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02. How can I create a recurring purchase?

This support article will walk you through creating a recurring purchase on NDAX

Our Recurring Purchase feature, allows NDAX users to buy smaller amounts of an asset over a period at different prices rather than buying a huge chunk at one price point.

Recurring purchase, also known as dollar-cost averaging, has a wide range of benefits. You can grow your portfolio over a long period of time by investing any amount you can afford to. This means that you do not need a huge sum to make an investment or take a big risk all at once.

To set up a recurring purchase follow the below steps:

  • Login http://ndax.io
  • Select Recurring Purchases on the left-hand sidebar
  • Select the Green plus sign (+) in the bottom right-hand corner 
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  • Fill out the NAME to help you identify the purchase, Enter a selected time frame under PERIOD, the CURRENCY, and the AMOUNT in Canadian dollars 
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  • Click CREATE
  • You have successfully created a recurring purchase
  • You can STOP SUBSCRIPTION, EDIT SUBSCRIPTION, or DELETE SUBSCRIPTION at any time 

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