How to enable recurring deposits?
To ensure that there are always enough funds to execute your Auto Invest, we recommend you to set up an automatic bank transfer to your Finst account from your banking app. Make sure that you use the correct deposit information that can be found in your Finst account. Go to 'Deposit' 'Deposit EUR' 'Bank transfer' to see the Beneficiary, IBAN and the mandatory payment description. Most Dutch banks and neobanks offer the option to create recurring bank transfers free of charge, and below yoSome readersWhat is Auto Invest and how does it work?
Auto Invest enables you to set up recurring purchases at a set frequency on all cryptocurrencies offered by Finst and crypto Bundles. With our crypto investment plans, you can leverage the power of the Dollar Cost Averaging (DCA) strategy by purchasing cryptos at regular intervals, thus removing the need to find out when to buy. At Finst, you can also enable automatic withdrawals of your crypto and receive them directly in your personal wallet every time your Auto Invest is executed. You canFew readersHow to enable Auto Invest?
Setting up a crypto investment plan is very easy. Simply select a crypto or a Bundle, and in the order window, click on “Create investment plan”. Choose the amount, the frequency and confirm. Alternatively, you can set up a crypto investment plan by clicking on the “Auto Invest’’ tab under Menu. From there, you can also view, edit or cancel your investment plan(s) at any time.Few readersAre there any additional fees for Auto Invest?
No, at Finst there is no additional fee for using Auto Invest besides the regular trading fees. If you choose to enable automatic withdrawals as part of your Auto Invest, withdrawal fees will apply. The amount of this fee depends on the blockchain activity at the time of the withdrawal and will be deducted from the amount of the withdrawal.Few readersCan I use Auto Invest with Bundles?
Yes, that is possible. Auto Invest is available on all cryptocurrencies supported by Finst and all crypto Bundles.Few readersMy Auto Invest could not be executed due to insufficient funds, what should I do?
If your Auto Invest could not be executed due to insufficient funds, you can simply deposit funds on your account and click the “Retry” button under the “Auto Invest” tab in the Menu. If you want to ensure that there are always enough funds to execute your Auto Invest, we recommend you to set up an automatic bank transfer to your Finst account in your banking app.Few readers