Introducing Autobuy: Stack Sats Seamlessly with Every Fiat Deposit
DCAAutobuy

5 mins

about 1 year ago

Science
Science

Biz Dev Bull Bitcoin

Introducing Autobuy: Stack Sats Seamlessly with Every Fiat Deposit

We’re thrilled to announce Autobuy, a new feature on the Bull Bitcoin platform that makes accumulating Bitcoin even easier. When Autobuy is enabled, every time fiat hits your Bull Bitcoin account, it’s instantly converted to Bitcoin and sent to your wallet. No manual steps, no delays—just pure, automated stacking.

Why Use Autobuy?

Autobuy is designed for Bitcoiners who want a hands-off way to turn fiat deposits into Bitcoin immediately. With Autobuy, every fiat deposit via bank transfer triggers an instant Bitcoin purchase, seamlessly sent to your own Bitcoin wallet without opening our webapp.

⁠Here’s why Autobuy shines:

Instant Conversion: Fiat deposits are instantly converted to Bitcoin as soon as funds arrive, letting you stack sats without manual purchases.

• Fully Automated Buying: Set up a recurring bank transfer. Autobuy converts the fiat and sends the Bitcoin directly to your wallet. No login required. No extra steps.

How to Set Up Autobuy on Bull Bitcoin?

Getting started with Autobuy is straightforward:

From your Bull Bitcoin dashboard, toggle the Autobuy option to “On.”

Provide at least a Bitcoin address and either Lightning address or Liquid address for your wallet.

  • Note: For Lightning, only LNURL ADDRESSES are supported at the moment. If your wallet doesn’t support LA ADDRESSES, use Liquid and leverage Bull Bitcoin’s wallet for seamless Lightning interoperability via built-in swaps.
  • Every purchase under 0.001 BTC will be automatically sent to your Liquid or Lightning address. If both a Liquid and a Lightning address are provided, the system will prioritize Liquid by default.

Once the toggle is ON, every account funding transaction will be automatically converted to Bitcoin and sent to one of your Bitcoin receiving addresses.

If the amount purchased is under 100,000 sats (0.001 BTC), the Bitcoin will be sent to your Lightning or Liquid address.

If the amount is over 100,000 sats, it will be sent on-chain to your Bitcoin address.

If both Lightning and Liquid addresses are provided, the system will prioritize Liquid by default.

Delivery Rules Based on Amounts and Address Types

Autobuy sends Bitcoin to one of your default addresses based on the purchase amount and which address types you’ve configured:

  • If the purchased amount is under 100,000 sats (0.001 BTC), Bitcoin is sent to your Lightning or Liquid address.

  • If the amount is over 100,000 sats, Bitcoin is delivered on-chain to your Bitcoin address.

  • If both a Lightning and a Liquid address are configured, Liquid is always prioritized.

  • If you’ve only configured an on-chain address and the purchase is under 100,000 sats, the funds will be credited to your fiat balance — no Bitcoin will be purchased.

  • If the amount deposited exceeds the Lightning limit (25 million sats), it will also be credited to your fiat balance (purchase not executed).

Important: Autobuy Overrides Manual Account Funding

Once Autobuy is enabled, every fiat deposit triggers an automatic Bitcoin purchase.
That means you can no longer fund your Bull Bitcoin fiat balance unless you disable Autobuy.

If you want to fund your account manually (e.g. for recurring purchases or to place limit orders), make sure to temporarily disable Autobuy before sending funds.

How to Fund Your Bull Bitcoin Account?

Here’s how you can fund your account:

🇪🇺 In Europe:

• SEPA or Instant SEPA: Fund your account instantly for quick Autobuy triggers.

• Recurring SEPA Transfers: Set up automatic bank transfers through your online banking to fund your account regularly.

🇨🇦 In Canada:

• Email E-Transfer: Fast and instant, perfect for frequent deposits.

• Bank Transfer (Wire or EFT): Ideal for larger amounts, processed same or next day.

• Online Bill Payment: Slower (3–4 days), but easy with online banking.

• Recurring Bill Payments: Automate funding by scheduling regular bill payments via your bank.

• In-Person at Canada Post: Pay with cash or debit for privacy-focused stacking.

🇲🇽 In Mexico:

• SPEI Transfer: Use your CLABE for quick and reliable funding.

Have Questions?

Our support team of real Bitcoiners is here to help. Reach out via the chatbox on the Bull Bitcoin platform, and we’ll get you stacking sats with Autobuy in no time!

Start using Autobuy today, and turn every fiat deposit into Bitcoin effortlessly.

Stack hard & stay sovereign!

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