Our auto buy service allows users to fund their account with a GBP bank transfer that will immediately be used to automatically buy bitcoin once received and credited to your account.
Auto buys can be combined with a standing order on your bank account to take all the manual processes out of buying bitcoin. Create a standing order to our bank details, with your auto buy reference attached, and you can buy bitcoin on your CoinCorner account automatically with no manual input as often as you like.
To set up an auto buy you will need to click Deposit in the sidebar of your account and go into the Auto Buy tab.
Arrange the transfer of the funds from your bank to the details given on the website, and ensure your reference states your auto buy reference number which will begin with 'DCA'. Any intended auto buys that arrive without the auto buy reference will be credited to your account but won't be used to auto buy.
We can only credit bank deposits to personal accounts if the funds arrive from a personal bank account in your name. Please don't try and auto buy from a third party or business bank account if you hold a personal CoinCorner account.
Fees and limits
There is no deposit fee when auto buying, but you will be subject to our standard buy fees which can be found below. The maximum deposit amount that can be used to auto buy is £50,000.
|Amount||Fee||Minimum Limit||Maximum Limit|
|Less than or equal to £10||£1||£5||£50,000 per transaction|
|More than £10 or equal to £25||£1.50|
|More than £25 or equal to £50||£2|
|More than £50 or equal to £300||£3|
|More than £300||1%|
Have any questions? Get in touch!