How to Dollar Cost Average Bitcoin and other Crypto in the UK

Set up your standing order, sit back and relax as crypto is delivered into your personal wallet each week.

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  • If you don’t have a lump sum to invest into crypto, or specifically want to invest in crypto through a dollar cost averaging strategy, it can be hard to find the right crypto platform.

    For those unsure, Dollar Cost Averaging (DCA) is an investment technique where you would buy a fixed dollar amount of crypto at regular intervals over a long period of time. For example, putting £20 into Bitcoin each week.

    With DCA you are more likely to catch dips in the market and as a result, purchase more crypto when the market is low and less when the market is high. You are effectively averaging out your investment and giving yourself the best chance to make an ROI.

    An ideal scenario to dollar cost average crypto would be through standing order bank payments, to avoid credit card fees with each purchase. You would also want the crypto delivered straight to your personal wallet. Furthermore, you would want to be able to distribute your payment into multiple crypto each week so you can diversify your investment.

    The only place you can do this in the UK is with Vimba. And it is super easy to get started.

     

    1. Sign up, add a BTC address and verify yourself in two minutes

    2. Set up a standing order bank payment with a unique reference code we provide

    3. Choose your crypto distribution if you want to save both Ethereum and Bitcoin

    4. Sit back, relax and watch crypto arrive in your wallet after each payment.

     

    Vimba has recently expanded into the UK after being the longest running and leading crypto platform in New Zealand. It aims to help every day people get into crypto safely and effectively by saving crypto through small regular bank payments.

    Any questions about our service please get in contact with our support team at support@vimba.co