Exchanges allowing fixed monthly investment in BItcoin

[ajiz138]

Fixed monthly investment in bitcoin? Do you mean the APY offered by the exchange? You are relying on the exchange to make a small profit from the exchange but risking all your assets? Believe that is a bad idea.

Why don't you HODL in hardware wallets or wallets with seed phrases?
Because relying on an exchange just for the benefits it offers is never a good option and I wouldn't even do that knowing how many people warn about never putting money on a centralized exchange you will feel the consequences later if the exchange exits.

Try to choose other people's recommendations because that is the only thing that saves you from this stupid thing (sorry I said that).

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[pawanjain]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

Bitcoin is not meant to be stored on 3rd party wallets to earn passive income on it.
Hold bitcoin directly in your wallet. If you want to earn passive income through fixed deposit then straight up put it in a bank.
At least your capital will be in safer hands. Always remember that saving capital is the most important thing.

[LogitechMouse]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

You've been here since 2017 (base on the creation of your account), and I believe that in those 6 years, you already know that putting, and storing your Bitcoins on a CEX isn't recommendable because of the hacks that might happen right?

Can I ask OP what's the purpose of asking this type of question? I know that it's tempting to store your Bitcoins in an exchange, and look them grow in amount, but the value of what you can get is way lesser than the amount of money that you might lose if that exchange gets hacked.

Just hold it on a noncustodial wallet like what others shared here already. Good Luck I guess, and I hope you will not get tempted to store it there.

[goldkingcoiner]

Where are you in the world? Not every exchange operates in every country.

NOT YOUR KEYS NOT YOUR COINS

NO MATTER WHICH EXCHNAGE YOU USE

Don't leave your BTC on an exchange, deposit -> trade -> move coins to your own wallet.

-Dave

I completely agree that one should never leave their coins on ANY third party wallet. Whether it is a crypto exchange wallet or an online gambling casino wallet. But again that might be difficult if he is a day trader who often needs to trade. He will probably burn all his money away on the transaction and withdrawal fees of sending the coins back to his wallet. Exchanges do try to make withdrawal unnecessarily hard for their customers. One alternative would be either DeFi or to use a different coin with a very low fee in order to push back and forth often without incurring large fees.

[Faisal2202]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

I think Coinbase, Kraken, and Gemini (but I will not recommend using Gemini, due to the recent lawsuit against it, from the SEC, as Gemini was alleged to trade in illegal securities) and just to remind you that's the same reason due to which Binance have to leave the US market. So I would say avoid Gemini at the moment.

Strike, an app from El-Salvador, can do the work, but just to clarify, I am against such programs and especially in the centralized banks or exchanges.

I recommend FTX, 1.5% APY!

Should we still choose FTX even after what SBF (CEO) did with it, well, at the first place, choosing a centralized exchange is itself a bad choice in the sight of many but, if OP doesn't care about that, then FTX might not be the best option. Just a thought, what do you have to say?

[South Park]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

Why do you need this OP? By this I mean could you not do this on your own? How difficult it can be to set aside some money each month to invest in bitcoin and then buy it whenever you have some time available? To me that seems like the easiest thing on the world as you do not really need the help of any exchange in order to achieve this, also as it has been mentioned never rely on the security of an exchange, as even if you were to use a good platform the risk of your coins disappearing is always there.

[SamReomo]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

I know an exchange that can do that for you but for that you'll have to download an open-source wallet software like Electrum and then create your own personal wallet on that wallet software. Once your wallet is created then you'll have to save your seed words and private keys.

Never share the private keys and seed phrase with anyone and write those on a paper as well as save those on a SSD and then copy your wallet address and disable the internet on the computer where you have installed your wallet software and never connect it on internet again. You'll only need that wallet address that you have generated and other than that you don't need anything else.

Now you can use any centralized exchange or decentralized exchange to buy Bitcoin and once you have bought the Bitcoin then withdraw those Bitcoin into the wallet address that you have copied. You can do that every month by buying Bitcoin on those online exchanges and withdrawing those Bitcoin into your own personal wallet that I referred as an exchange in order to make your Bitcoin secure.

That's the most secure way to buy and store Bitcoin and you'll never have to worry about any theft or any other issue as long as you don't use your seed phrase or private key on any other computer. The moral of this post is to never trust the exchanges that have control over your keys because if the keys are not yours then the coins aren't yours. In Bitcoin investment trusting anyone can be dangerous and trusting online wallets is the stupidest thing that anyone can do.

[Twentyonepaylots]

What do you mean "allow"? I make sure all exchanges allow it, they love to see you put in money every month.

Actually my thought about this, Any exchange would love to see a monthly deposit from a single user so OP can basically use any existing exchange we have on the internet. But there would be some major issues especially with the security. OP should know how risky is it to store your bitcoins in an exchange, as far as I know, they are not liable with their users losses once they got attacked by hackers, or any breaching incidents that caused their platform to go bankcrupt. Best, if you could store it in your personal possession, don't think about the annual profit you can get from storing it to exchanges, think about how much bitcoin you can get in a year.

[Hamza2424]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

Oh, dear what are you talking about here, Not even on a  single centralized platform your funds are secure, Here on Bitcointalk I have mastered one of f the key lessons you can say the top-tier Earth Class technique (In anime terminology) that Not_Your Key_Not Your_Funds.

On any close source Self Cutotidal and Centralized Custodial wallets, your funds are at great risk, and more on that your privacy is worth nothing there. So my friendly advice here is that please never prefer any centralized platform to store your funds better choose a good non-custodial (Self Custodial wallet).

[goinmerry]

What are some good exchanges allowing fixed monthly investment in BItcoin?

I need options where my funds will be secure.

The two statements you have mentioned are against and contradict each other. What do I mean here?

First of all, once you send money in an exchange, for whatever purpose, it's like you share the authorization of your funds with a third party. Therefore, if some epic failed shit happened on that exchange, your money will also be doomed and the worst, you won't now be able to ever touch your funds for good.

If you fully understand the risks, you can consider checking the Binance Earn feature as it might be close to what you are looking for. But before you proceed, I told you that exchange for education and feeding your mind purpose. Some additional knowledge on what can you expect once you push that idea and I hope you can realize and understand if it's worth trying or not.

[Odohu]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

Seems you want to apply the DCA method but your means of achieving this seems to be risky. Like many have already advised here, centralized exchanges is not the right place to save your Bitcoin.

I understand that withdrawals can eat up significant portion of the investment if you have to be buying small amounts regularly and transferring to your private wallet. You can do it cumulatively to reduce the fees. You can deposit and buy then withdraw I two months interval or as you choose but never to save the coin in the CEX. 

Alternatively, you can use any of the numerous decentralized exchanges.

Once again, never save your funds where you do not control the provate key

[Dr.Bitcoin_Strange]

Full member rank, and you are yet looking for an exchange that will pay you just a little nonsensical profit, whereas your asset is put at risk. Before you grow from brand new to the rank you are now, you are supposed to know the rules of "not your key, not your coin." You are supposed to have read about the issues that Binance Exchange was faced with some months ago; you should have read about how the FTX exchange collapsed; you are supposed to have read the news about one exchange called Precillia or whatever, but you should have read how it collapsed. You should have read about so many warnings regarding maintaining a successful investment. All that information is in this forum.

Some months ago, when the transaction fee for Bitcoin was very high, Binance Exchange disabled withdrawals. So what if the withdrawal was disabled at the time you wanted to make use of your asset? OP, Bitcoin is not centralized; be very wise not to store your coins on centralized exchanges or platforms.

[Mr.suevie]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

This is strange really coming from an old member like yourself I mean by now, I think you would have been familiar with the term of not your keys not your coins because exchanges are really the best place for one to have the certainty that his or her coin is safe because you don't actually have full control of what might happen to your coins if you actually save your coin in an exchange. This theory has been prove series of time as we all see exchange crash all of a sudden leaving investor stuck with the regret of not moving their coins to their own wallet.

[gunhell16]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

Obviously, your coins are more secure if you put them in a Lectrum wallet, sparrow wallet, metamask, unstoppable, or hodl. This is if you don't buy a hardware wallet, but if you do, it's better to buy one.

Because if you buy from an exchange, it will not appear that you are the one in control of your coins here because it is centralized, where they can freeze or hold your account on such platforms at any time. And when that happens, you have no objection to recovering the assets that are on the exchange platform.

[Casdinyard]

Don’t put your money on exchanges unless you’re going to send crypto or you’re going to trade cryptocurrencies. With what happened to FTX you would@?3 expected people to be more responsible when handling their crypto but we still gotta inform them every week to about “not your keys, not your coins”. In any case just use a coldxwallet and set a reminder for yourself ever month or so. If you’re looking to DCA tht’s the most consistent and safest option out there, and most of all you’re not going to pay for taxes and fees when you transfer these coins into your wallet, so it’s a massive win-win for you. Using cold wallets are easy too, just find the one that suits you the best and you’re good to go.

[livingfree]

You are required to deposit bitcoin on them for a certain period of time. Do you think that it is worth it? With all the news left and right about exchanges being hacked, are you confident with that?

Sorry to say but just keep your Bitcoin on your non-custodial wallet.

And with that, peace of mind is priceless when you know that your Bitcoin is being kept safely by you.

[Minecache]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

Have you forgotten the collapse of FTX last year and the loss of hundreds of billions of dollars? FTX was once considered one of the top exchanges and was even ranked second only to Binance. But then you saw what happened, millions of investors still haven't received any compensation even though they were promised a lot. I believe this will also be the 2nd Mt.gox, they will promise and promise but never give you your money back.

What percentage of interest will you get on the 1BTC you stake? 5% or 10%? While the risk you will face is losing all the bitcoins you have. Do you think it's worth the risk?

[Learn Bitcoin]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

Why are you looking for exchanges, buddy? It seems you got some air-droppedd merits, which means you are here for awhile, but didn't you read any threads where authors warned readers that you should not keep your money on online accounts? Theymos has wrote a thread with this title. Yet you are searching for an exchange to invest.

I have seen atomic wallet where you could stake your crypto's (Not Bitcoin) and make some money. But since the last hack of Atomic wallet, I do not trust them anymore. So, I recommend not to use any kind of centralized exchanges to stake your money.

[hd49728]

Why are you looking for exchanges, buddy? It seems you got some air-droppedd merits, which means you are here for awhile, but didn't you read any threads where authors warned readers that you should not keep your money on online accounts? Theymos has wrote a thread with this title. Yet you are searching for an exchange to invest.

If you don't trade peer to peer, in person face to face, you will need an exchange to buy and sell Bitcoin. Nothing wrong if you need an exchange for your buying and selling.

The wrong is if you need an exchange to store your bitcoin there, long or longer than you need. Because storing bitcoin on exchanges means you can lose your coins anytime.

If you afford to lose your bitcoin anytime, go next with exchange account as your bitcoin wallet. I don't recommend it and many expert neither advise to do it like here, there.

[|MINER|]

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

Before you invest in Bitcoin, you should know what the main goal of Bitcoin, and that is to protect privacy and security. And in this case, if you choose these exchangers to keep your funds, then the privacy of your personal data will not be protected here. Yes centralized exchangers also have reputable exchangers but your funds are never safe in centralized exchangers. Yes centralized exchangers also have reputable exchangers but your funds are never safe in centralized exchangers. You should go for non custodial wallet where you will get security of your funds that is more in case of Bitcoin.