Kraken to Allow Digital Asset Investors to Enhance Crypto Portfolios with Recurring Buys

The team at Kraken says you can keep calm and HODL on, because recurring buys are now available on the Kraken app.

This new feature lets you “schedule your crypto purchases quickly and easily, which saves you time and can help ease the stress of timing the market.” Recurring buys also “make dollar-cost averaging a snap, so you can build your portfolio over time.”

If you are new to dollar cost averaging, you can learn more with the Kraken Learn Center blog post.

Setting up a recurring buy is simple. With a few taps in your Kraken mobile app, you’re now able to:

  • Automatically buy crypto at set intervals: daily, weekly, biweekly and monthly
  • Dollar-cost average your favorite assets and build your crypto portfolio over time
  • Create, pause or delete recurring buy schedules for different crypto assets
  • Fund recurring buys with your account balance (other payment methods coming soon)

The team at Kraken further noted:

“We also made it easy to customize how you want to purchase crypto with a recurring buy. Whether you want to spend $50 on BTC every day or receive 0.5 ETH every month, just tap the arrows next to the amount on the order screen to toggle your options.”

They added:

“No more FOMO – when you automate your crypto purchases, you get peace of mind knowing you’re in the market regardless of price movements. Open your Kraken mobile app to see how easy it is to start a recurring buy and build your portfolio over the long term.”

In another recent update from Kraken, the company notes that they’re pleased to announce that their crypto trading platform now supports staking for The Graph (GRT) holders,

From the Earn section of your Kraken account or from your Pro mobile app, you’ll be “able to stake your GRT holdings and earn up to 8% in yearly rewards.” Additionally, Kraken makes it easy “for you to stake and unstake at any time, with no lockup periods.”

As clarified in the update, GRT Staking is “not available to residents of the United States, Canada and Japan.”

As explained in a blog post by Kraken:

“With The Graph, anyone can build and publish open APIs, called subgraphs, that make data from blockchains easily accessible. The data from these subgraphs can then be transformed, organized and shared across decentralized applications (dapps) for anyone to query. GRT is the token that powers the economics of The Graph protocol.”

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