Bitpanda Broker

Bitpanda Savings Plan

What you should know about Bitpanda Savings Plan

Automated Investing: Set up recurring buys for Bitcoin, 200+ other cryptos, stocks, or gold to benefit from dollar-cost averaging.
Low Entry: Start saving from as little as €1 per interval, with flexible frequencies (daily, weekly, bi-weekly, or monthly).
Fee Structure: Purchases carry a spread-based fee (typically 1-1.5%), which can be reduced by using the Bitpanda Ecosystem Token (BEST).
Flexibility: You can pause, adjust, or cancel your savings plan at any time without long-term commitments or hidden exit fees.

A Bitpanda Savings Plan is an automated, recurring investment strategy designed to help users build wealth by consistently investing in crypto, stocks, or precious metals. It is the perfect tool for investors utilizing Dollar-Cost Averaging (DCA) to minimize the impact of market volatility.

Prerequisites

Verified Bitpanda account with at least one linked payment method (bank account or credit card).
Sufficient funds in the linked payment source.
Basic understanding of your chosen assets and risk tolerance.

How to Set Up a Savings Plan

Login & Navigate: Sign in to your Bitpanda account and go to the "Savings plan" tab in your dashboard.
Choose Asset: Click on "Create new savings plan" and select the asset you wish to invest in.
Define Frequency & Amount: Specify the recurring amount and your desired frequency (Daily, Weekly, Bi-weekly, or Monthly).
Select Payment Method: Link or select your preferred payment method from the available options.
Review & Confirm: Check all the details and confirm your plan.

Common Pitfalls

Insufficient Funds: Ensure your bank account has sufficient balance before the execution date to avoid transaction rejections.
Ignoring Fees: While DCA is effective, be mindful of the transaction fees associated with every automated purchase.
Market Timing: Do not get discouraged by short-term price dips; the purpose of DCA is long-term wealth accumulation.