Repeat orders allow you to automate the purchase of cryptocurrency at regular intervals. This feature helps you implement consistent investment strategies, like dollar-cost averaging, without the need for manual intervention. Once set up, VALR will automatically execute your orders based on the schedule and parameters you choose.
What Are the Benefits of Repeat Orders?
- Convenience: Automate your crypto purchases and eliminate the need to monitor the market constantly.
- Discipline: Stay true to your investment strategy, avoiding market influence.
- Portfolio Building: Build or expand your portfolio gradually over time.
- Flexibility: Easily customize intervals, amounts, and cryptocurrencies to suit your investment goals.
- Risk Mitigation: Reduce the impact of of market volatility by spreading your investment over multiple times periods.
How to Set Up Repeat Orders on VALR
Follow these simple steps to set up a Repeat Order on VALR:
-
Hover to the "Simple Buy/Sell" Section:
Navigate to the "Buy Crypto" option on the website navigation bar on top and select "Repeat Orders." -
Click "Create New Repeat Order":
Start setting up your repeat order by clicking on the "Create New Repeat Order" or the "Add New" button. -
Select Your Buy and Spend Cryptocurrency:
Choose the cryptocurrency you want to set up a repeat order for and the currency you want to buy them with. -
Enter the Purchase Amount:
Specify the amount of the cryptocurrency you want to buy in each order. -
Set the Interval:
Select the frequency of your order execution - minutes, hours, days, or months. -
Set an Expiry:
Decide if you want the repeat order to expire, and if yes, specific the number of orders after which it should expire. -
Confirm your order:
Confirm and save your repeat order. VALR will now execute your orders automatically based on the settings.
What Cryptocurrencies Can I Buy Using Repeat Orders?
You can use Repeat Orders to purchase all cryptocurrencies listed on VALR.
What Intervals Can I Set for Repeat Orders?
Intervals for Repeat Orders can be customized as:
- Minutes
- Hours
- Days
- Months
Can I Pause, Resume, or Delete Repeat Orders?
Yes, you can easily manage your repeat orders by:
- Pausing: Temporarily stop the execution of your orders.
- Resuming: Restart paused orders at any time.
- Deleting: Permanently remove an order if you no longer need it.
Why Might a Repeat Order Fail?
There are a few reasons why a repeat order may fail:
- Insufficient Balance: The account does not have enough funds to execute the order.
- Insufficient Liquidity: The selected cryptocurrency has low liquidity at the time of execution.
- System Errors: Temporary technical issues may occasionally cause order failures.
Can I Set Up Multiple Repeat Orders at the Same Time?
Yes, you can set up multiple repeat orders for different cryptocurrencies simultaneously. This allows you to diversify your portfolio automatically.
How Can I Track My Repeat Orders?
You can track all your repeat orders via the History Tab available on the repeat order page.
Important:
1. The feature is currently only available on the website. Coming soon to Mobile App...
2. The min interval one can set is 5 mins with maximum interval of 12 Months.
2. Repeat orders that will require a simple swap would not work in Margin/Future enabled sub-account.
3. If you face any issues while placing or executing repeat orders please do reach out to our support team.