Automate your crypto transactions with Standing Orders

Wexo
3 min readNov 29, 2023

In today’s rapidly changing world, keeping track of your cryptocurrency transactions can be a real challenge. Manual payments can be time-consuming, and the risk of late fees is ever-present. But what if there was a solution that could streamline the process and save you time? Introducing Crypto Standing Orders in the Wexo App, a revolutionary feature that automates your cryptocurrency payments.

How do Crypto Standing Orders work?

Crypto Standing Orders are recurring automatic payments that you can set up to one or multiple wallet addresses on a specific day of the month. You can easily set up payments for different amounts and different periods, reducing the risk of late fees.

Benefits of Crypto Standing Orders in the Wexo App

-Save time by automating recurring payments

-Reduce the risk of late transaction fees

-Easily manage multiple cryptocurrency addresses

-Flexible payment options and customizable schedules

-Secure and efficient payment processing

Recurring payment options

We offer two ways to set up recurring payments, allowing you to add multiple cryptocurrency addresses simultaneously. This feature is designed to make your payments faster and more convenient.

Setting up Standing Orders

Setting up a standing order in a few steps:

-Log in to the Wexo App

-Open the section of the standing order

-Create a new order

-Select the cryptocurrency

-Enter the amount

-Choose the payment method for submitting monthly transactions

-Select the network through which payments will be made

-Choose one or multiple recipient addresses

-Enter the period and day of payment in the month

-Confirm and verify the standing order

Yes, it’s that easy!

Video tutorial

FAQ

1. Is it possible to change the standing order settings after they have been created?

Yes, you can easily change the settings of your standing orders anytime through the Wexo App. You can adjust the amount, recipient addresses, period, or day of payment as needed.

2. What cryptocurrencies can I use for standing orders?

Standing orders support most common cryptocurrencies. For a complete list of supported cryptocurrencies, check directly in the Wexo App.

3. Can I set up a standing order for multiple cryptocurrencies at the same time?

Yes, you can set up standing orders for multiple cryptocurrencies simultaneously. Just add multiple cryptocurrency addresses when setting up the standing order.

4. Can I cancel a standing order?

Yes, you can cancel a standing order anytime through the Wexo App. Once you cancel a standing order, future scheduled payments will be canceled.

5. What are the fees for using standing orders?

Fees for standing orders may vary depending on the cryptocurrency and the payment amount. For details on fees, visit the Wexo App.

6. Are standing orders secure?

Yes, the Wexo App ensures that your standing orders are secure. Your cryptocurrency payments are protected with advanced encryption technologies and authentication.

Conclusion

Crypto Standing Orders in the Wexo App bring a revolution in cryptocurrency payments, simplifying users’ lives. With this innovative feature, you can save time and reduce the risk of late fees thanks to automated and customizable recurring transactions. Give it a try and experience the benefits of Crypto Standing Orders in the Wexo App for yourself.

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Wexo

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