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How To Create AutoBuy Plan

Set up recurring buy orders with Wayex and automate Dollar Cost Averaging (DCA)

Christo avatar
Written by Christo
Updated yesterday

AutoBuy makes it easy to automate your crypto investments using Dollar-Cost Averaging (DCA).

With just a few steps, you can create a personalised plan, automatically deposit AUD, and let Wayex handle the rest.

No timing stress or no manual buys required.


How It Works

AutoBuy works through a reference code system that triggers purchases whenever you deposit AUD.

  1. Set Your Allocation
    Choose which cryptocurrencies to buy and what percentage to allocate to each.

  2. Get Your Reference Code
    Receive a unique code (e.g., “ABC123”) to include in your bank transfer descriptions.

  3. Transfer Anytime or Set Up Recurring
    Send any amount manually, or schedule recurring transfers using your reference code.

  4. Automatic Purchases
    Each deposit using your reference code automatically purchases crypto as per your plan.


How To Set Up AutoBuy

  1. Tap "Set Up" next to Create AutoBuy in the home page.

  2. Read the information to understand whether AutoBuy is for you.

  3. Name your plan (e.g., Weekly DCA, Balanced Portfolio).

  4. Select up to 5 cryptocurrencies for your allocation.

  5. Confirm your allocation percentages.

  6. Review your AutoBuy plan.

  7. Copy the unique reference code generated.

    • Use the "Add Funds" account details (PayID or BSB & Account Number)

    • Paste the account details in your bank app

    • Enter your reference code in the transfer description

    • Choose your frequency (daily, weekly, monthly etc.)

Once set, every eligible transfer triggers an AutoBuy order instantly at live market prices.


Why DCA

DCA (Dollar-Cost Averaging) is an investment strategy that reduces risk by spreading your purchases over time.

The benefits:

  • Reduces volatility risk by avoiding lump-sum buys

  • Removes timing pressure so you don't have to predict market moves

  • Builds discipline with regular, automated investing

  • Smooths your average cost across different market cycles

Ideal for long-term investors who want to avoid emotional or impulsive buying.


Got Any Questions?

Check out our FAQ and Terms & Conditions. Prefer speaking to our support team? Contact our 24/7 live chat or email us at support@wayex.com

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