As cryptocurrencies are extremely volatile with a tremendous upside potential, creating a monthly saving plan is an easy way to get aboard. Especially if you\u2019re investing with smaller amounts or out of your salary, a monthly saving plan with friendly deposit reminders should be your top choice.\r\nWe have recently launched a monthly saving feature to help our customers to distribute their investments over time.\u00a0In this article, we will walk you through setting up a monthly saving plan on Coinmotion.com so that you too can take advantage of investing in cryptos and reducing your risk by distributing your investments over time.\r\n\r\nCreating an account on Coinmotion\r\nIf you already have a Coinmotion.com account, you can skip this first step. Otherwise, keep reading.\r\nThe obvious first thing to is to create an account on Coinmotion. Click here to register your free account now.\r\nJust a heads-up: During registration Coinmotion.com will ask your name and contact details. You will also need to verify your identity and fill a KYC form. Nothing too complicated there, but just necessary steps to keep things running smoothly and reduce different kinds of risks.\r\n\r\nSetting up your monthly savings plan\r\nNow that your account is ready, go into the Savings section of the service. You can find it easily in the main menu. Monthly savings is the default subpage, and there\u2019s also the Vault subpage for increased time-locked security, if you\u2019re into that sort of thing.\r\nOnce you\u2019re on the monthly savings page, setting up the plan is very straightforward.\r\n\r\nSet your monthly investment amount\r\nFill in the amount that you want to save every month, and select the day of the month that you want your plan to execute on.\r\n\r\n\r\nChoose your selection of cryptocurrencies\r\nChoose the distribution of cryptos that you want to save into. Personally, I\u2019m saving 100% into Bitcoin, but your preferences may be different. For example, you could distribute your monthly saving evenly among the available cryptos. You can also change your crypto distribution at any time for upcoming saving events free of charge.\r\n\r\n\r\nSet up a reminder about the deposit\r\nFinally, you can choose whether you want email reminders about making deposits. You also need to accept the terms of the service. See the next section for more information about deposits.\r\nAnd that\u2019s it! Just save your plan and it\u2019s good to go\u200a\u2014\u200aCoinmotion will now automatically execute your plan every month as long as your Euro balance is sufficient.\r\n\r\n\r\nMaking necessary deposits\r\nLike stated above, your Euro balance on Coinmotion needs to be sufficient for monthly savings to work automatically.\r\nYou can make manual deposits via the Transfers page using SEPA payments, credit and debit cards, Sofort and some other options depending where you live.\r\nHowever, the most convenient way is to set up recurring monthly payments directly from your bank, if your bank has that feature.\r\nThe necessary payment details are shown at the end of the Monthly Savings page. It\u2019s recommended to set up the recurring payment a few days before your planned saving date so that the deposit has enough time to arrive.\r\nA credit card subscription feature will be added here later for even more convenient monthly savings.\r\nAfter setting up the recurring payment, you\u2019re all done. Just lay back and allow Coinmotion to automatically to save in cryptos for you!\r\nIf you can\u2019t set up recurring deposits, there\u2019s nothing to worry about. In that case we recommend selecting the email reminders when creating the monthly saving plan. Also, it doesn\u2019t break anything, if you miss a month or two. The plan will automatically continue next month when there\u2019s sufficient balance available.\r\n\r\nBonus tip: get reduced trading fees\r\nAs you can see in the monthly saving page, the regular Coinmotion trading fees apply to monthly savings, but there are no other fees.\r\nCoinmotion does offer volume discounts and these are applied automatically to your monthly saving, if your volume meets the criteria.\r\nAlso, the registration links provided in this article\u200a\u2014\u200alike this one: register on Coinmotion now\u200a\u2014\u200ahave a special benefit for you, as you will get 50% reduction in your trading fees for the first 30 days.