Saving in Bitcoin or buying Bitcoin is a great way to hedge against inflation of fiat currencies, and employing an investment strategy such as Dollar-cost-averaging (DCA) instead of buying Bitcoin with a lump sum, is a smart way to protect your asset against the price volatility of Bitcoin, thereby protecting you from loss, long term.

On Bitnob, you can create a Bitcoin savings plan with as little as $1. You can choose daily, weekly, or monthly automated savings, and you can activate your plan to run for 3 months, 6 months or 1 year. Fun part? You can have multiple active plans and save towards different projects.

To create a Bitcoin savings plan, follow the steps below:

  • Click on “Start a Savings Plan” on the homepage or click “Plans” on the homepage

  • Click Create a new plan

  • Click "Bitcoin Savings"

  • Name your plan

  • Click "Next"

  • Add the amount to be debited

  • Click "Next"

  • Choose a debit frequency (daily, weekly, monthly)

  • Click "Next"

  • Set a lock period for your plan (3 months, 6 months, 1 year)

  • Click "Next"

  • Set your start date

  • Click "Proceed to Payment"

  • Select your Payment Source (the USD wallet is chosen as default).

  • Click "Next"

  • Click "Start Plan"

  • Congratulations! Your Bitcoin savings plan has been successfully created.

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