sites to do DCA

The 5 sites to save bitcoin on a regular basis (DCA)

Today, many individuals are looking for effective solutions to save in bitcoin on a monthly basis. It is in fact a method which allowssave bitcoin easily while investing on a regular basis.

This simple investment method is called in traditional finance the Dollar Cost Average which is often referred to with the acronym DCA. Beyond being able to save each month, this above all allows you to smooth the price at which you will purchase the asset. You will no longer have to worry about the volatility of the course of bitcoin for example, because over a year, you will have bought it at an average price (hence the English word “average” which means average). Better yet, you save every month, without having to do it manually.

However, even if the platforms allowingsave bitcoin are numerous and different depending on your preferences. For example, some people will prefer to do it without KYC while others will opt for simplicity.

The important thing is to choose a platform that is reliable like the 5 DCA platforms presented in this article which will help you save in bitcoin on a regular basis.

1/ Relai app: the simplest application to use for DCA with Bitcoin

The site Relay App is also one of the best sites Dollar Cost Averaging allowing you to put bitcoins aside. It is a platform based in Switzerland which gives you the opportunity to establish a savings plan in a practical way. 

relay-app-bitcoin

However, outside of the economy, Relai app is also known for buying and selling bitcoins. It is therefore a multifunctional platform which offers you several opportunities for earn bitcoins.

👋 You can have a 20% reduction in your fees by registering on Relay App with the code: ZONEBITCOIN.

Why use Relai app to save in bitcoin?

If Relai app is ranked among the best sites for bitcoin savings, it is because of its reliability and security. First, blockchain investments are made from 10 euros. This limit allows you to be sure of your winnings and maximize your chances. Additionally, this site does not require verification or KYC before you start saving money each month. 

Relai app displays on its interface all the details relating to your profits, your losses, your purchases and your sales. Likewise, you have the possibility to control your private keys thanks to an integrated non-custodial wallet. Unlike other more expensive platforms, transaction fee percentages on the Relai app range from 1% to 25%. 

Steps to save with Relai App

Access to Relai app does not require creation of an account by providing documents or identification. Just download the app and set up your wallet. Then, you must make a transfer from your bank account to the platform to start saving in bitcoin, each month. It's up to you to choose the amount and frequency of withdrawal you want. You can also invest in Blockchain by selling or buying bitcoins on the site. 

—>You can read our opinion on Relai App to know more.

2/ Make automatic investments on Binance

Binance is an exchange platform that needs no introduction. You can do a lot of things on the platform from buying bitcoin, trading, staking, etc. We started this list of the best sites to save bitcoin each time with Binance precisely for its multi-functional aspect.

auto-invest on binance
Source: Binance

We tend to forget that on this platform, it is also possible to do DCA very simply. To do this, you must register on Binance then click on the “passive income” tab from the menu at the top of your screen.

Besides, you can save bitcoin but also other cryptocurrencies if that interests you.

binance bitcoin savings
source: Binance

On the screen you will see all the cryptocurrencies other than bitcoin that you can save each month. Also, we tell you the RSI rate, which tells you the profits you would have made if you had used Auto-Invest. However, remember that past RSI is no guarantee of future RSI.

For example, if you had practiced self-investing on Binance and you had been saving Bitcoin for 5 years, you would have obtained an approximate increase of 167%. This is what we call a good return on investment.

3/ Mt Pelerin, save bitcoin without KYC

mt pilgrim savings bitcoin
source: MtPelerin

The platform Mt Pelerin, allows you to sell, buy and save cryptocurrency without KYC. This means that you do not need to send your identity documents. However, beyond a certain threshold (1000CHF/day), identity will be requested. It is a financial intermediary recognized by the federal financial market supervisory authority (FINMA). Being based in Switzerland, this platform is not subject to European Union restrictions. She sets her own limits for daily purchases.

It is a very interesting platform even if it requires a deeper knowledge of how DeFi works including.

You can download MtPelerin's dedicated wallet called BridgeWallet. It's a non-custodial wallet, which means you will need to secure your private key to be able to access your account.

What are the advantages of Mt Pelerin for Bitcoin savings? 

Mt Pelerin allows you to establish a bitcoin savings plan yourself based on your goals and preferences. In addition, you can also choose the frequency with which you want to invest your cryptocurrencies. 

For example, you can choose to buy bitcoin for €50 at the start of each month. Thus, MtPelerin will collect the €50 automatically each month, without you needing to log in.

No ID verification is required for purchases and sales on this site. You also have the option of converting your bitcoins into euros and transferring them to your bank account. Furthermore, this site is secure with an effective confidentiality policy. 

How to save in bitcoin on Mt Pelerin?

To save in bitcoin on Mt Pelerin, two options are available. First, you can create a wallet and contribute funds which will be saved in the form of bitcoin. The second option is to invest on the platform and save your income as you earn it. 

Mt Pelerin offers to invest on its site with jFiats, which are stablecoins created in collaboration with Jarvis Network. Likewise, you must make a choice between blockchains Polygon, Binance Smart Chain and other networks. These offer Lower transaction fees (gas) than Ethereum in order to be accessible to all investors. 

4/ StackinSat: The French bitcoin savings platform

You may have known StackinSat from the conference Surfin'Bitcoin which is held in Biarritz? The company is in fact based in the Basque Country, in France and has become a reference in bitcoin savings. It is very easy even for a beginner to use the platform and start saving.

With fees of just 0,5% each month, you can automate your savings process.

Stacking sat bitcoin

It is also possible to save personally or on behalf of your business.

5/ Bitstack: Save bitcoin on your expenses

bitstack-savings

Bitstack is a French startup that allows you to invest in bitcoin and save automatically. Due to its effectiveness, many blockchain enthusiasts appreciate it and use it for their savings. It represents the idea of ​​two young entrepreneurs Alexandre Roubaud and Kabir Sethi.

The basic idea was to set up a startup capable of automatically rounding bank transactions to the euro to save the surplus. For example, if you pay €49,50 for an item, the application rounds you up to €50 and the 50 cents are put in reserves in your account.

This is an interesting concept for those who want to save bitcoin automatically. You should know that it is also possible to save each month, by choosing your own amount and the frequency of withdrawals.

What are the benefits of using Bitstack?

The DCA website bit stack firstly gives you the advantage of saving money without trying to save on your own. It works thanks to banking transactions and automatic rounding in bitcoin. The Bitstack startup is legally registered with a status of PSAN (Digital Asset Service Providers). This proves that it is a reliable site and verified by the financial markets authority. 

Additionally, it is available in application mobile devices with an ergonomic interface suitable for all users. They benefit from fees of 0% to 1,99% on all their purchases and sales of bitcoin. 

How to save bitcoin with Bitstack?

To save in bitcoin on Bitstack, you must first establish your savings plan. The startup offers you three options to achieve this. First, you can do automatic rounding. In this case, your transaction is converted into Bitcoin before being added to your Bitstack account. 

Furthermore, there is the option of recurring savings which consists of defining a savings plan weekly or monthly. The third option is that of the one-off purchase which allows you to directly obtain bitcoins from 1 euro. 


Disclaimer: This does not constitute investment advice. Always do your own research.

Total
0
Shares

ZoneBitcoin Editorial

Passionate about Bitcoin, our editors try to democratize their knowledge through varied articles touching on different subjects.

4 Comments

Leave comments

Your email address Will not be published.

This site uses Akismet to reduce unwanted. Learn more about how your comments data is used.

Total
0
Share

Learn more about ZoneBitcoin

Subscribe to continue reading and have access to the entire archive.

Continue reading

Trade crypto on Changelly

changelly

Crypto tracker

coinstats app

On Google

googlenews

Do not miss :

beyond left and right

Beyond Left and Right: Why We Need to Depoliticize Bitcoin

While some see cryptocurrencies as a way to
historical bull run bitcoin

History of the Bitcoin Bull Run: The origins and triggers

Since its creation in 2009 by a pseudonym known as