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How do recurring buys work on the Shakepay app?
How do recurring buys work on the Shakepay app?

Recurring buys allow you to place automatic buys at a pace you set! You will find the steps to set up a recurring buy in this article.

Updated over a week ago

The recurring buy feature will allow you to set automatic buying rules to purchase crypto every day, week or month.
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Accessing the recurring buy page

To set up your recurring buy, follow these steps:

  1. Open the Shakepay app and log in.

  2. Click on the BTC or ETH depending on which you want to set up the recurring buy.

  3. Click Recurring buys.

  4. Scroll down a little and click Create a recurring buy.

  5. Input the amount you want to buy each time.

  6. Change the recurrence by clicking Every Week if needed.

  7. Click Review Order.

  8. Click Confirm Order.

Your recurring buy is set up and live!

Image showing steps 2 to 8 to set up a recurring buy: 2. Click on the BTC or ETH depending on which you want to set up the recurring buy. 3. Click Recurring buys. 4. Scroll down a little and click Create a recurring buy. 5. Input the amount you want to buy each time. 6. Change the recurrence by clicking Every Week if needed. 7. Click Review Order. 8. Click Confirm Order.

Important information to note

  • In order for the recurring buy to occur, you will need to have the necessary amount in CAD available in your Shakepay CAD balance, so it is important to make sure you have enough CAD available in your Shakepay account to complete the purchase.
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  • The order will happen at the time that you created it. If, for example, you have created an order to buy 1 bitcoin every day, and you created that order at 6pm, the order will happen every day at 6pm.
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  • Please note, it is not possible to set a new recurring buy while you are outside of Canada. However, any recurring buy that was set while you were in Canada will still go through.
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Cancelling your recurring buys

To cancel your recurring buy, follow these steps:

  1. Open the Shakepay app and log in.

  2. Click on the BTC or ETH depending on which you have a recurring buy set up.

  3. Click Recurring buys.

  4. Click the recurring buy you wish to cancel.

  5. Click Cancel recurring buy.

Your recurring buy has been cancelled!

Image showing steps 2 to 5 to cancel a recurring buy: 2. Click on the BTC or ETH depending on which you have a recurring buy set up. 3. Click Recurring buys. 4. Click the recurring buy you wish to cancel. 5. Click Cancel recurring buy.

Related articles:
​How do limit orders work on the Shakepay app?

How do I add CAD to my Shakepay account?

How to fund my Shakepay account with a wire transfer?

How to shakepay a friend?

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