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Added an actual question, as that seemed to have been omitted.
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Nakedible
Nakedible
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I'd like to buy bitcoins via SEPA deposit automatically with a recurring schedule. To specify this with an example, I would like to purchase bitcoins for 100 EUR each month, at the current market rate, without manual intervention. For this, I can set up a recurring payment at my bank to a SEPA bank account. The manual way to do this at Bitstamp would be:

  • Start SEPA deposit at Bitstamp for 100 EUR.
  • Make a bank transfer to the given account with the given message.
  • Wait for funds to appear at Bitstamp.
  • Use instant order to purchase bitcoin for 100 EUR (converted to dollars).
  • Wait for the transaction to complete (may take days if market fluctuates).
  • Withdraw bitcoin from Bitstamp to a given address.

I am not bound to a single exchange, any one of them will do as long as they roughly follow the current market. I am not afraid to run a server, or to create my own program using an API to do this. However, I am not willing to use screen scraping, because I would wish for this to run with minimal intervention and such an approach would seem too error prone. I am also obviously not able to affect my bank, so the best I can do is to have a recurring payment with a fixed message/reference number each month.

Is there an exchange or combination of services that will let achieve the above automatically?

I'd like to buy bitcoins via SEPA deposit automatically with a recurring schedule. To specify this with an example, I would like to purchase bitcoins for 100 EUR each month, at the current market rate, without manual intervention. For this, I can set up a recurring payment at my bank to a SEPA bank account. The manual way to do this at Bitstamp would be:

  • Start SEPA deposit at Bitstamp for 100 EUR.
  • Make a bank transfer to the given account with the given message.
  • Wait for funds to appear at Bitstamp.
  • Use instant order to purchase bitcoin for 100 EUR (converted to dollars).
  • Wait for the transaction to complete (may take days if market fluctuates).
  • Withdraw bitcoin from Bitstamp to a given address.

I am not bound to a single exchange, any one of them will do as long as they roughly follow the current market. I am not afraid to run a server, or to create my own program using an API to do this. However, I am not willing to use screen scraping, because I would wish for this to run with minimal intervention and such an approach would seem too error prone. I am also obviously not able to affect my bank, so the best I can do is to have a recurring payment with a fixed message/reference number each month.

I'd like to buy bitcoins via SEPA deposit automatically with a recurring schedule. To specify this with an example, I would like to purchase bitcoins for 100 EUR each month, at the current market rate, without manual intervention. For this, I can set up a recurring payment at my bank to a SEPA bank account. The manual way to do this at Bitstamp would be:

  • Start SEPA deposit at Bitstamp for 100 EUR.
  • Make a bank transfer to the given account with the given message.
  • Wait for funds to appear at Bitstamp.
  • Use instant order to purchase bitcoin for 100 EUR (converted to dollars).
  • Wait for the transaction to complete (may take days if market fluctuates).
  • Withdraw bitcoin from Bitstamp to a given address.

I am not bound to a single exchange, any one of them will do as long as they roughly follow the current market. I am not afraid to run a server, or to create my own program using an API to do this. However, I am not willing to use screen scraping, because I would wish for this to run with minimal intervention and such an approach would seem too error prone. I am also obviously not able to affect my bank, so the best I can do is to have a recurring payment with a fixed message/reference number each month.

Is there an exchange or combination of services that will let achieve the above automatically?

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Bounty Ended with no winning answer by CommunityBot
Notice added Draw attention by Nakedible
Bounty Started worth 50 reputation by Nakedible
Tweeted twitter.com/#!/StackBitcoin/status/362947734644342786
Clarified that this was not specific to Bitstamp.
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Nakedible
Nakedible
  • 117
  • 1
  • 8

I'd like to buy bitcoins via SEPA deposit automatically with a recurring schedule. To specify this with an example, I would like to purchase bitcoins for 100 EUR each month, at the current market rate, without manual intervention. For this, I can set up a recurring payment at my bank to a SEPA bank account. The manual way to do this at Bitstamp would be:

  • Start SEPA deposit at Bitstamp for 100 EUR.
  • Make a bank transfer to the given account with the given message.
  • Wait for funds to appear at Bitstamp.
  • Use instant order to purchase bitcoin for 100 EUR (converted to dollars).
  • Wait for the transaction to complete (may take days if market fluctuates).
  • Withdraw bitcoin from Bitstamp to a given address.

I am not bound to a single exchange, any one of them will do as long as they roughly follow the current market. I am not afraid to run a server, or to create my own program using an API to do this. However, I am not willing to use screen scraping however, because I would wish for this to run with minimal intervention and such an approach would seem too error prone. I am also obviously not able to affect my bank, so the best I can do is to have a recurring payment with a fixed message/reference number each month.

I'd like to buy bitcoins via SEPA deposit automatically with a recurring schedule. To specify this with an example, I would like to purchase bitcoins for 100 EUR each month, at the current market rate, without manual intervention. For this, I can set up a recurring payment at my bank to a SEPA bank account. The manual way to do this at Bitstamp would be:

  • Start SEPA deposit at Bitstamp for 100 EUR.
  • Make a bank transfer to the given account with the given message.
  • Wait for funds to appear at Bitstamp.
  • Use instant order to purchase bitcoin for 100 EUR (converted to dollars).
  • Wait for the transaction to complete (may take days if market fluctuates).
  • Withdraw bitcoin from Bitstamp to a given address.

I am not afraid to run a server, or to create my own program using an API to do this. I am not willing to use screen scraping however, because I would wish for this to run with minimal intervention and such an approach would seem too error prone. I am also obviously not able to affect my bank, so the best I can do is to have a recurring payment with a fixed message/reference number each month.

I'd like to buy bitcoins via SEPA deposit automatically with a recurring schedule. To specify this with an example, I would like to purchase bitcoins for 100 EUR each month, at the current market rate, without manual intervention. For this, I can set up a recurring payment at my bank to a SEPA bank account. The manual way to do this at Bitstamp would be:

  • Start SEPA deposit at Bitstamp for 100 EUR.
  • Make a bank transfer to the given account with the given message.
  • Wait for funds to appear at Bitstamp.
  • Use instant order to purchase bitcoin for 100 EUR (converted to dollars).
  • Wait for the transaction to complete (may take days if market fluctuates).
  • Withdraw bitcoin from Bitstamp to a given address.

I am not bound to a single exchange, any one of them will do as long as they roughly follow the current market. I am not afraid to run a server, or to create my own program using an API to do this. However, I am not willing to use screen scraping, because I would wish for this to run with minimal intervention and such an approach would seem too error prone. I am also obviously not able to affect my bank, so the best I can do is to have a recurring payment with a fixed message/reference number each month.

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Nakedible
Nakedible
  • 117
  • 1
  • 8

Automatically buying bitcoins from SEPA deposit

I'd like to buy bitcoins via SEPA deposit automatically with a recurring schedule. To specify this with an example, I would like to purchase bitcoins for 100 EUR each month, at the current market rate, without manual intervention. For this, I can set up a recurring payment at my bank to a SEPA bank account. The manual way to do this at Bitstamp would be:

  • Start SEPA deposit at Bitstamp for 100 EUR.
  • Make a bank transfer to the given account with the given message.
  • Wait for funds to appear at Bitstamp.
  • Use instant order to purchase bitcoin for 100 EUR (converted to dollars).
  • Wait for the transaction to complete (may take days if market fluctuates).
  • Withdraw bitcoin from Bitstamp to a given address.

I am not afraid to run a server, or to create my own program using an API to do this. I am not willing to use screen scraping however, because I would wish for this to run with minimal intervention and such an approach would seem too error prone. I am also obviously not able to affect my bank, so the best I can do is to have a recurring payment with a fixed message/reference number each month.