- Users can make up to 5 recurring buys per month, and they can be as low as $50
- It has a plethora of portfolios and products, including Crypto Credit, Crypto Invest, MCO visa card, and Crypto.com wallet.
- This feature is added, keeping in view the growth, prosperity, and the resilient nature of Bitcoin.
The payments pioneering and cryptocurrency company, Crypto.com, introduced a new feature called Recurring Buy on the Crypto.com App. Crypto.com is a Hong Kong-based company that aspires to accelerate the world’s transition to cryptocurrency. It has a plethora of portfolios and products, including Crypto Credit, Crypto Invest, MCO visa card, and Crypto.com wallet.
Details of Recurring Buy
Crypto.com announced its new product on Friday, via its official website. This regularly demanded feature will enable its users to automate their Bitcoin purchases. Also, they are provided with three options – weekly, bi-weekly, and monthly purchases. They can make up to 5 recurring buys per month, and they can be as low as $50, Crypto.com reported.
Not only this, but the users will also have the benefit of adding this feature to a broader array of coins in the coming weeks. This feature is added, keeping in view the growth, prosperity, and the resilient nature of Bitcoin. Approximately for two months now, Bitcoin has been above the $9,000 mark and is currently at $11,226.
How can you opt for this feature?
Those willing to opt for this feature will have to make a credit card payment of a minimum of $50. The credit purchase monthly limit ($USD) is set at-
- 0 MCO – $500
- 50 MCO – $1000
- 500 MCO – $2,500
- 5,000 MCO – $10,000, and lastly,
- 50,000 MCO – $20,000.
As mentioned before, Bitcoin has been soaring high at $11,000. Therefore, experts believe that many bulls may want to stock up on Bitcoin. This is because these coins, at the current price, are perceived as a ‘discount’. However, this is solely based on the assumption that the Bitcoin will keep on rising, and its value won’t fall anytime soon. So, we can say that Crypto.com’s new feature came at the right time.
Along with it, many cryptocurrency platforms have reported new and large users in the past months. Hence, Crypto.com can use this feature and attract as many users as possible.