How do I set up a automated payment?

You have full control over how you want to save with Bitcoin (BTC) through Bitonic Savings by correctly setting up your automated payment. This payment has to 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 a one-time transfer, but for your savings plan, you should adjust this setting to a daily, weekly, or monthly recurring payment. In general, the necessary information for setting up an automated payment can also be 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 labels, also ensure that you specify the correct label in the transfer description. Read more about Bits labels here.


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