Best DCA Bitcoin Exchanges

Dollar Cost Averaging Crypto is the most stress free way to invest into bitcoin. DCA’ing into bitcoin means investing a fixed, smaller amount of dollars (or euros, or your local fiat shitcoin) into bitcoin at a regular interval (every month, week or even day). This minimises volatility risks. If the price goes down, you get more sats (satoshis, the smallest unit of bitcoin) and if the price goes up your holdings are worth more. You win either way.

In an ideal world, it’s simple: buy low, sell high. In reality, this is easier said than done, even for experts. Instead of trying to “time the market,” many investors use a strategy called dollar-cost averaging (or “DCA”) to reduce the impact of market volatility by investing a smaller amount into an asset — like crypto, stocks, or gold — on a regular schedule.- Coinbase


Benefits of Bitcoin DCA

Bitcoin DCA provides bitcoin investors with a number of benefits. Some of the benefits are:

  • Good for small investors. Since the invested amount is a smaller amount over a period of time, it means even small investors can participate in bitcoin DCA.
  • Lower risks. Protects you from the risk of investing large amount of money into a single asset and expose yourself to huge losses
  • Less effort. No need to time the market as volatility is no longer an issue to you as an investor
  • Less emotional stress. It helps investors to invest in peace and avoid panic buying or selling

How DCA Crypto Works

Once you have decided that your DCA strategy involves a crypto asset, bitcoin in this case, you set aside a small amount that you will be investing on a regular basis. For example, instead of investing $1000 when the price is right, you invest %20 every week regardless of the price of bitcoin. To do this, you need to choose the best bitcoin DCA strategy and an exchange that offers Dollar Cost Averaging option.

Bitcoin-only DCA Exchanges

countriesexchange / languagelaunchedeasy DCApayment methods
Global (including US, UK, and GermanySwan Bitcoin, English2019yesACH, Wire (for international customers)
United StatesRiver Financial, English2019yesACH
EU, CHStackinSat francais2019yesSEPA
CH, EURelai, francais Espaniola deutsch italiano English2019yesSEPA
AustraliaAmber, English2017yesApple/Google Pay, Credit/Debit Card, EFT, PayID
CanadaBull Bitcoin, English2015yese-Transfer, Direct Debit, Wire Transfer, Desjardins Transfer, L-CAD
NigeriaBitnob, English2020yesFlutterwave’s OVVAR voucher

Other Bitcoin-only alternatives

countriesexchange / languagelaunchedeasy DCApayment methods
NL, BEBitonic, Nederlands, English2012noiDeal, Bancontact (currently no SEPA!)
EUBL3P English2012noSEPA

None of these are selling shitcoins, with a preference to simplicity and DCA.

DCA Bitcoin Exchange Alternatives Without KYC

KYC means “Know Your Customer”. It also means that when you sign up to an exchange your data will be with them basically forever. And a lot of this data leaks, which can make you a target for criminals (this may include government agents). Hodl Hodl and Bisq are great solutions without any KYC but don’t seem appropriate for beginners. A great alternative is possible if a good friend or relative is willing to sell you some.

DCA Bitcoin with a Bank Account

Nuri, formerly Bitwala, is one of the emerging banks that offer bitcoin banking services. Nuri’s newest product, launched in August 2021, is automated crypto savings plans to invest in Bitcoin and Ether on a monthly basis using DCA strategy.

Final Thoughts on DCA Crypto

If you want to invest using bitcoin and other cryptocurrencies, DCA is one of the best strategies one can use. Cost averaging strategy will allow you to invest a fixed amount at a regular interval no matter the price. By consistently spreading your investment, you will mitigate price volatility or any other risks.