How to set up recurring crypto purchases on Gemini

Gemini allows users to automate crypto purchases via dollar-cost averaging, supporting recurring buys of assets like Bitcoin and Ethereum using ACH or debit cards.

Aug 10, 2025 at 09:42 am

Understanding Recurring Crypto Purchases on Gemini

Recurring crypto purchases allow investors to automatically buy cryptocurrency at regular intervals, such as daily, weekly, or monthly. This strategy, often referred to as dollar-cost averaging (DCA), helps reduce the impact of market volatility by spreading purchases over time. On Gemini, a regulated cryptocurrency exchange based in the United States, users can set up automated buys directly through the platform’s mobile app or web interface. This feature is available to both Gemini ActiveTrader and standard Gemini Exchange account holders, though some limits may vary based on account type and verification level.

To use this functionality, you must have a verified Gemini account with a linked funding source, such as a bank account, debit card, or ACH transfer. The ability to schedule recurring buys applies to a wide range of supported cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and others available on the platform. Each recurring purchase must meet a minimum amount, typically starting at $1, depending on the asset and your region.

Prerequisites for Setting Up Recurring Buys

Before initiating a recurring purchase, ensure the following conditions are met:

• Complete identity verification on your Gemini account. This includes submitting government-issued ID and passing KYC (Know Your Customer) checks.
• Link a valid payment method such as a U.S. bank account via ACH, a debit card, or a wire transfer. Note that credit cards are not supported for recurring buys.
• Ensure your selected payment method has sufficient funds or transfer limits to cover the scheduled purchases.
• Download the Gemini mobile app (iOS or Android), as recurring buys are primarily managed through the app, though limited access may exist on the web.

Your account must also comply with regulatory requirements, which may include residency in a supported region. Gemini currently supports recurring buys for users in most U.S. states, but restrictions apply in Hawaii and a few other jurisdictions. You can verify eligibility by checking the "Recurring Buys" section in the app.

Navigating to the Recurring Buy Feature

To begin setting up a recurring purchase:

• Open the Gemini mobile app and log in to your account.
• Tap the "Invest" tab located at the bottom of the screen.
• Select "Recurring Buys" from the menu options.
• If this is your first time using the feature, you may be prompted to review educational content about dollar-cost averaging.

Once inside the Recurring Buys section, you’ll see any existing schedules and an option to "Create a Recurring Buy". The interface displays upcoming purchases, total investment history, and the ability to edit or cancel active plans. This dashboard is essential for monitoring your automated investment strategy and ensuring alignment with your financial goals.

Configuring a Recurring Purchase

To set up a new recurring buy, follow these steps:

• Tap "Create a Recurring Buy".
• Choose the cryptocurrency you want to purchase from the list of available assets.
• Enter the dollar amount you wish to invest each cycle. The minimum is $1, and the maximum depends on your account level and payment method.
• Select the frequency of purchases: options include daily, weekly, bi-weekly, or monthly.
• Choose your preferred payment method (e.g., linked bank account or debit card).
• Pick the start date for the first purchase. You can schedule it for the current day or a future date.
• Review the summary, including the total cost, fees (if any), and execution time (purchases typically execute between 12:00 AM and 3:00 AM ET).

After confirming, the system will automatically deduct funds from your selected payment source on the scheduled dates. You’ll receive a push notification or email confirmation for each completed transaction. It’s important to note that market prices at the time of execution determine how much cryptocurrency you receive, not a fixed quantity.

Managing and Modifying Active Recurring Buys

After setting up a recurring purchase, you retain full control over the schedule. To make changes:

• Go to the "Recurring Buys" section in the Invest tab.
• Tap on the active buy you want to modify.
• You can edit the amount, frequency, payment method, or start date.
• Alternatively, choose to pause or cancel the entire plan.

If you change the amount or frequency, the new settings apply to future purchases only; past transactions remain unchanged. Pausing a recurring buy stops future executions but allows you to resume later without reconfiguring the entire plan. Cancellation permanently ends the schedule. You can also view execution history and transaction details for each buy, including the price per unit and total fees.

In cases where a payment fails—due to insufficient funds or bank processing issues—Gemini will attempt one retry within 24 hours. If the second attempt fails, the recurring buy may be paused, and you’ll be notified via email or app alert.

Troubleshooting Common Issues

Users may encounter several common issues when setting up recurring buys:

• Payment method not appearing: Ensure your bank account or card is fully verified and in good standing. You may need to re-link the payment source.
• Purchase not executing: Check if the scheduled time has passed and verify your timezone settings. Execution occurs in Eastern Time (ET).
• Insufficient funds error: Confirm your linked account has enough balance. For ACH transfers, allow 1–3 business days for funds to settle before the buy date.
• Transaction limits exceeded: Gemini imposes daily and monthly limits based on account tier. Upgrade to Gemini ActiveTrader or complete higher verification tiers to increase limits.

If problems persist, contact Gemini Support directly through the app’s Help Center. Provide your transaction ID and screenshots for faster resolution.

Frequently Asked Questions

Can I set up multiple recurring buys for different cryptocurrencies?

Yes. You can create separate recurring buy schedules for Bitcoin, Ethereum, and other supported assets. Each operates independently with its own amount, frequency, and payment method.

Are there fees for using recurring buys on Gemini?

Gemini does not charge an additional fee specifically for recurring buys. However, standard trading fees apply based on your account type. For example, standard Exchange accounts use a fee schedule based on trading volume, while ActiveTrader accounts benefit from lower maker-taker fees.

What happens if the market price fluctuates on the purchase date?

The amount of cryptocurrency you receive varies based on the market price at execution time. Since you’re investing a fixed dollar amount, you’ll buy more units when prices are low and fewer when prices are high.

Can I use a wire transfer or PayPal for recurring purchases?

No. Recurring buys only support ACH bank transfers and debit cards. Wire transfers and PayPal are not eligible funding sources for automated purchases.