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How to Use Recurring Buy?

How to Use Recurring Buy?

2021-09-01 05:59
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Last updated: 23 September 2024

You can set up automatic purchases with Recurring Buy on both the Binance website and app. For detailed instructions, check out the step-by-step guides by clicking on the tabs above.

1. How to use Recurring Buy on the Binance app?

1. Log in to your Binance app and tap [Add Funds] on the homepage.
2. Select [Buy with EUR]. If you’d like to switch to another currency, tap the button at the top right.
3. Tap [Buy Crypto] on the top of the page, and switch to [Recurring Buy].
4. You can view all the available cryptocurrencies for Recurring Buy. Tap the filter on the right to see the top-performing cryptocurrencies over different periods. Then, select the crypto you want to set for automatic purchases with Recurring Buy.
5. Select the fiat currency you want to use and enter the amount.
6. Tap on the date to set up the frequency of your recurring purchase: daily, weekly, bi-weekly, or monthly. You can also select the specific day and time for the purchase. After setting your preferences, tap [Confirm] to save. To finalize, tap [Recurring Buy] to proceed.
7. Select a payment method and tap [Confirm].
8. If you haven’t added a credit/debit card before, you’ll be prompted to do so at this step.
9. Once you have successfully added your card, you may proceed with your order and review your order details.
10. Tap [Confirm] and wait for your order to be processed.
11. You can see the purchased crypto in your Spot Wallet by tapping [View Spot Wallet]. To check your order history, tap [View History].
12. You can access the Spot Trading page by tapping on [Spot].
Important notes:
  • The first payment will be charged after you confirm the order. Please review the order details carefully before tapping [Confirm].
  • Please note that the order will expire after the specified time, where the price and the amount of crypto you can get will be recalculated. You can tap [Refresh] to view the latest market price.
13. You might be redirected to this page when we process your order.
14. You can check your order status by tapping [View History] or [Refresh].
15. You will receive a confirmation message once your transaction has been successfully processed.
16. If your order fails, tap [Try Again] to get a new quotation.
17. You’ll see a new quotation. Tap [Accept New Quotation] within the specified time, or [Cancel Order] if you don’t wish to proceed with the purchase.

2. How to manage Recurring Buy on the Binance app?

1. To manage your Recurring Buy plans, tap the transaction history icon.
2. Select [Recurring Plan] to view all orders. Tap on the plan you would like to change.
3. Tap [Manage].

To change your plan:

3.1. You can change the frequency by tapping [Edit frequency].
3.2. Check your new plan details and tap [Confirm].
3.3. Your Recurring Buy plan has been changed.

To stop your plan:

3.4.. Tap [Stop] to stop the plan.
3.5. Once you tap [Confirm], your Recurring Buy plan will stop immediately.
You can set automatic purchases with Recurring Buy on the Binance website and app. Check out the app and website step-by-step guides by clicking on the above tabs.

1. How to use Recurring Buy on the Binance website?

1. Log in to your Binance account and click [Buy Crypto].
2. Click [Recurring Buy].
Select the fiat currency you want to use and the cryptocurrency you want to purchase. Enter the amount, choose a frequency for the purchase, and click [Continue].
3. If you haven’t added a credit/debit card before, click [Add new card].
4. You may use a different card by clicking [Change Card].
5. You’ll see a list of your saved cards. Click the trash bin icon to remove the card.
Important note: You can save up to 5 cards.
Please note that if the card you want to remove is linked to any of your existing Recurring Buy plans, you’ll be prompted to cancel the plan first before you can remove the card.
6. Once you have successfully added your card, click [Continue] to proceed.
7. You’ll see the order details.
Important notes:
  • The first payment will be charged after you confirm the order. Please review the order details carefully before clicking [Confirm].
  • Note that the order will expire after a specified time, where the price and the amount of crypto you can get will be recalculated automatically.
8. While your order is processing, you can check the order status by clicking [View History] or [Refresh]. Once your Recurring Buy order is ready, you will be notified.
9. If your purchase failed, you can click [Accept Quotation] or click [Cancel Payment] to cancel the order.

2. How to manage Recurring Buy plans on the Binance website?

1. To view your Recurring Buy plans, go to [My Plans].
Please note that you won’t be able to edit or stop the Recurring Buy plans within 5 minutes before or after the order is processed.
2. Click [View Plan] next to the Recurring Buy order you wish to change.
3. Here you can review or modify the frequency of the plan, or stop the plan by clicking [Manage] under [Action].

To change your plan:

4. Choose the new plan details and click [Continue] to confirm the modification.
4.1. Please review the order details carefully before confirming your new Recurring Buy plan.
4.2. Verify your request with your passkeys or 2FA devices.

To stop your plan:

4.3. Click [Stop Recurring Buy Plan].
4.4. Click [Confirm].
Please note that your recurring purchase will be stopped immediately.