Recurring buy

An exchange feature that automates a scheduled purchase.

Convenient, but check the fees: recurring buys often use the instant-buy path with a wider spread than the spot market.

Weigh the automation against the cost of doing the same trade manually.

Related terms

Dollar-cost averaging (DCA)

Buying a fixed amount on a schedule instead of all at once.

Spread

The gap between the buy and sell price, and often the largest hidden cost of buying XRP.