Bitcoin DCA: Calculator & Platforms

While Bitcoin is the largest and most stable cryptocurrency, it's not uncommon for Bitcoin to experience significant price crashes, making investing in Bitcoin come with great risks.

To reduce the risks of sudden price crashes, many Bitcoin investors have turned to a strategy called Bitcoin DCA, which stands for dollar-cost averaging into Bitcoin.

Automatic Bitcoin DCA can be carried out at crypto trading platforms with Bitcoin auto-invest. These platforms allow investors to deposit funds and automatically invest in Bitcoin without any manual interference.

We have tested and reviewed numerous Bitcoin DCA exchanges to help you find a suitable provider.

The broker Bitpanda offers investors from Europe one of the easiest, automatic Bitcoin DCA methods with its savings plan feature.

Bitpanda's Bitcoin savings plan can be executed with automatic credit card charges or bank transfers in common DCA intervals, aka. daily, weekly, and monthly.

Luckily for beginners, with a minimum order amount of 25€, Bitpanda makes it possible to dollar-cost average into Bitcoin with relatively small amounts.

To set up a Bitpanda Bitcoin savings plan, follow the following few steps:

1. Visit Bitpanda Create a new account.

2. Select Trade → Savings plan and search for Bitcoin (BTC).

3. Select your currency and preferred payment method.

4. Enter the buying amount and interval of your Bitcoin savings plan.

5. Click Go to Summary and confirm your savings plan.

As with most other automatic Bitcoin DCA providers, the Bitcoin auto-invest on Bitpanda comes with higher fees of 1.49% for the default trading mode.

To dollar-cost average into Bitcoin with lower fees, it's a better option to manually buy Bitcoin in the same interval on Bitpanda Pro with trading provisions of only 1.49%.

Users of the Kraken exchange can make use of recurring Bitcoin purchases, to automatically DCA into Bitcoin with as low as 10$ per order.

On the Kraken App, users can auto-invest in Bitcoin daily, weekly, twice a week, or monthly. Unfortunately, this feature is not supported on the web version of Kraken.

To start an automatic Bitcoin DCA on Kraken, refer to the following steps:

1. Download the Kraken App , register, and verify.

2. Search for Bitcoin in the crypto overview and select it.

3. Tap on Buy → Buy Frequency and choose your Bitcoin DCA interval.

4. Choose a payment method and confirm your Bitcoin auto-invest.

To pay for your automatic Bitcoin DCA, you can allow Kraken to periodically charge you, or deposit funds manually via any of the supported payment methods: Bank transfers, VISA, Apple Pay, Mastercard, and Google Pay.

Because the Bitcoin savings plan on Kraken is tied to the simple trading interface, a higher fee of 1.5% applies. Hence, we recommend doing manual Bitcoin DCA on Kraken Pro with costs of only 0-0.26% rather than using the auto-invest feature.

The vast majority of trading platforms that offer automatic Bitcoin DCA do so via their easy trading mode. This often leads to fees that are disproportionately higher than the advanced trading modes, which is why we generally only recommend Bitcoin savings plans to those who want to remain fully passive.

This way, you still dollar-cost average into Bitcoin while profiting from the lowest possible fees.

The trading fees of Bitcoin savings plans have a significant impact that can be compared to the compound interest effect:

This is because, with lower trading fees, you get to accumulate more Bitcoin with every single DCA buy, gaining higher exposure to rising BTC prices in the future.

You can easily visualize the impact of fees on Bitcoin auto-invest with the help of our Bitcoin DCA calculator:

• For a $100 Bitcoin DCA with a 1% trading fee, enter a Buying amount of $99 into the calculator.

• For a $100 Bitcoin DCA with a 0.5% trading fee, enter a Buying amount of $99.5 into the calculator.

...and so on.

Our Bitcoin dollar-cost average calculator requires the following inputs:

• Buying amount: The amount of money in your fiat currency that you would use to buy Bitcoin via dollar-cost average automatically.

• DCA Interval: The intervals at which you would execute your Bitcoin savings plan (when doing Bitcoin DCA with a monthly bank standing order, your DCA interval would be monthly).

• Currency: The currency in which you would auto-invest in BTC.

• Start: The date at which your Bitcoin DCA is starting.

• End: The date at which your Bitcoin DCA is ending.

After entering these parameters, our Bitcoin DCA calculator plots the performance of your dollar-cost average strategy and summarizes it in numerous metrics.

For calculations, most major fiat currencies are accepted. This means that you can calculate Bitcoin DCA with Euro, CHF, Polish Zloty, US dollars, and many other currencies.

Our Bitcoin DCA simulator provides information on how an auto-invest into Bitcoin would have performed in past crypto market cycles.

Calculating past Bitcoin DCA performance may help you get a feel for the Bitcoin price volatility of different dollar-cost average strategies.

In addition, it is possible to compare at what point a Bitcoin one-time investment or Bitcoin DCA was better by using different selected savings cycles in our calculator.