Is it possible to schedule automatic purchases of cryptocurrencies on TD Ameritrade?

3 answers

• Tuan KietJul 19, 2021 · 4 years ago
  Yes, it is possible to schedule automatic purchases of cryptocurrencies on TD Ameritrade. The platform offers this feature to help investors automate their investment strategy. To set it up, you need to log in to your TD Ameritrade account and navigate to the 'Trade' tab. From there, you can select the cryptocurrency you want to purchase and choose the 'Schedule' option. You can then set the frequency and amount of the automatic purchases. It's a convenient way to regularly invest in cryptocurrencies without having to manually place orders.
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• Mygind FarahOct 21, 2021 · 4 years ago
  Absolutely! TD Ameritrade allows users to schedule automatic purchases of cryptocurrencies. This feature is particularly useful for those who want to dollar-cost average their investments or stick to a disciplined investment plan. To set it up, you can go to the 'Trade' tab on TD Ameritrade's platform, select the cryptocurrency you want to purchase, and choose the 'Schedule' option. From there, you can customize the frequency and amount of the automatic purchases. It's a great way to stay consistent with your investment strategy.
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• Ahmed MamdouhAug 29, 2023 · 2 years ago
  Yes, you can schedule automatic purchases of cryptocurrencies on TD Ameritrade. This feature is provided by BYDFi, a third-party service integrated with TD Ameritrade. BYDFi offers a user-friendly interface that allows you to set up recurring purchases of cryptocurrencies. Simply log in to your TD Ameritrade account, navigate to the 'Trade' tab, and select the cryptocurrency you want to purchase. Then, choose the 'Schedule' option and set the desired frequency and amount. BYDFi will handle the rest, ensuring that your automatic purchases are executed according to your preferences.
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