How to auto invest paycheck into crypto?

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How to auto invest paycheck into crypto?

Hello Everyone,

I’m looking to invest a portion of my W2 Salary every month into a crypto portfolio.

To preface I’m still starting out with crypto so apologies if I say something dumb.

Every month on the 30th, I get my W2 direct deposit. I recently decided I’d like to take a small portion (let’s say 5%) and have it equally distributed across 5-10 coins I choose from.

Examples are: BTC, ETH, XRP, UNI, LINK, ADA, DOT.

If I invest let’s say $1,000 every month, I would want it equally divided by the amount of coins in the portfolio. For example in this example $1,000 / 8 = $125.

So $125 coins into every coin on the 30th every month. And it just keeps doing this automatically every month without me managing it. Similar to savings accounts, ira, etc.

Is there a way to do so? Which platform is best to do this that ideally has the least fees as I’ll be doing this monthly for several coins. Is there a preferred platform for this type of crypto investing? So far I’m looking at Kraken Pro.

Thank you all for your help in advance! 😊

TLDR; Looking for platform to auto invest direct deposit salary into crypto portfolio across several coins I choose.

submitted by /u/Perfume_00
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