How do I set up a standing order?
You have full control over how you want to save with Bitcoin (BTC) through Bits by correctly setting up the standing transfer. This transfer can be configured within your own banking environment. You have the flexibility to specify the amount of money (in EUR) you want to send with each transfer, as well as the frequency and regularity of the transfer.
The default setting is for a one-time transfer, but for your Bits savings plan, you should adjust the setting to daily, weekly, or monthly recurring transfers. In general, the necessary information for setting up a standing transfer can also be easily found in the Frequently Asked Questions section of your bank.
Please note that you should not transfer less than €5. This is the minimum amount. If you do so, the money will be sent to your bank account. If you are using Bits labels, also ensure that you specify the correct label in the transfer description. Read more about Bits labels here.
Saving with Bitcoin is done through Bits, bit by bit.
Interested in saving with Bitcoin (BTC) through Bits?