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@ Bitcoin Well
2025-03-06 18:21:53Americans can now Dollar Cost Average (DCA) bitcoin directly from their bank straight to self-custody! This first-of-its-kind product is the safest way to buy bitcoin on a schedule. We call it Recurring Buy.
When you set up a Recurring Buy, we handle the entire buying process for you. The journey from dollars in your bank to bitcoin in self-custody is seamless and eliminates the risk of having money sit in a balance at a bitcoin exchange.
Bitcoin Well will automatically pull dollars from your bank, convert them to bitcoin and send your (real) bitcoin directly to your personal wallet. All Recurring Buy transactions have no added fees and we also pay your miner fee. We apply our standard 1.2% spread with no other fees. Your path to financial independence just got automated! 🗓️🤖
To set up your bitcoin Recurring Buy, go to the Buy bitcoin page and set your purchase size, wallet destination and purchase frequency. That’s it! Watch your self-custody bitcoin wallet fill up with bitcoin. \ \ Below are detailed instructions on how to DCA bitcoin to your personal bitcoin wallet; automatically and on your schedule.
Set your transaction details
Go to your Buy bitcoin page where you’ll see four options to set your bitcoin Recurring Buy: Amount, Source, Destination and Frequency.
You can set up to five unique Recurring Buys. This enables you to buy different amounts of bitcoin on different time frames concurrently, all while being sent directly to self-custody for free 🤯
\ Amount: Select the amount of dollars you want to convert into bitcoin. \ \ Source: The bank to pull dollars.\ \ Destination: Your personal bitcoin wallet. Bitcoin Well automatically converts incoming dollars to bitcoin immediately when they are received. Your bitcoin will be automatically batched and sent to you for free.
Frequency: Your purchase frequency is set to ‘One time’ by default so you can smash buy.
You can set your payment frequency to weekly, biweekly or monthly. When setting your frequency, choose the start date: you can select “Today” or navigate the calendar to choose a later start date.
\ Once you’ve set up your Recurring Buy, select “Review” and then “Confirm” to activate your bitcoin Recurring Buy. The best bitcoin Recurring Buy in the USA is here 🐐
Pausing, cancelling or changing your Recurring Buy
\ You can easily pause or cancel any of your Recurring Buys from the Buy bitcoin page. All of your Recurring Buys will be shown on the right-hand side of your Buy bitcoin page on desktop or at the bottom of your Buy bitcoin page on mobile. \ \ To pause a Recurring Buy, click the pause button within the Recurring Buy preview in your Buy bitcoin page. Similarly, to cancel a Recurring Buy, click the ‘Cancel’ button within the Recurring Buy preview. \ \ To replace an active Recurring Buy, simply cancel your active Recurring Buy as described above and then set up a new Recurring Buy with your new desired amount and frequency. For example: you want to cancel an existing biweekly $200 Recurring Buy with a weekly $100 Recurring Buy. Cancel the existing biweekly $200 Recurring buy, then set up a new weekly $100 Recurring Buy as described in Set your transaction details.
\ As always, your bitcoin is automatically purchased at the current market rate when your dollars arrive. Additionally, your bitcoin will be batched and sent out on the blockchain for free by default.
Earn sats from your bitcoin transactions
\ Bitcoin Well is also the best place in the world to earn bitcoin. When you earn points in your Bitcoin Well account, you gain the opportunity to play the Bitcoin (Wishing) Well, where you win sats with every play.
The best part? We send bitcoin that you win straight to your personal wallet via the Lightning Network ⚡
Oh yeah, did we mention you can win 1,000,000 sats? If you're an active Bitcoin Well customer, there is a chance you've earned a pile of points. The more you use your account for buying, selling or spending bitcoin - the more points you’ll earn! Log in to your Bitcoin Well account and check your point balance.
About Bitcoin Well
\ Bitcoin Well exists to enable independence. We do this by coupling the convenience of modern banking, with the benefits of bitcoin. In other words, we make it easy to use bitcoin with self-custody.