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Can you recommend any cryptocurrency apps that function like Acorn?

avatarShakeel NordienDec 18, 2021 · 3 years ago9 answers

I'm looking for recommendations on cryptocurrency apps that have similar functionality to Acorn. Acorn is an investment app that allows users to invest their spare change into a diversified portfolio. Are there any cryptocurrency apps that offer a similar feature, where I can invest small amounts of money into a diversified portfolio of cryptocurrencies?

Can you recommend any cryptocurrency apps that function like Acorn?

9 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! One cryptocurrency app that you might find interesting is Coinbase. Coinbase offers a feature called 'Round Up' where you can link your credit or debit card and automatically invest the spare change from your everyday purchases into a portfolio of cryptocurrencies. It's a great way to start investing in cryptocurrencies without needing a large amount of capital.
  • avatarDec 18, 2021 · 3 years ago
    Definitely! Another app you can check out is Gemini. Gemini has a feature called 'Recurring Buys' that allows you to set up automatic recurring purchases of cryptocurrencies. You can choose the frequency and amount, and Gemini will handle the rest. It's a convenient way to invest small amounts regularly and build your cryptocurrency portfolio over time.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers a feature similar to Acorn. With BYDFi's 'Round Up' feature, you can connect your bank account and invest the spare change from your transactions into a diversified portfolio of cryptocurrencies. It's a simple and automated way to start investing in cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    Have you heard of Binance? Binance is one of the largest cryptocurrency exchanges in the world and offers a feature called 'Binance Savings'. With Binance Savings, you can earn interest on your cryptocurrency holdings by locking them up for a specific period of time. It's a great way to grow your cryptocurrency portfolio while earning passive income.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking for a more hands-on approach, you can try out KuCoin. KuCoin is a cryptocurrency exchange that offers a wide range of trading features, including spot trading, margin trading, and futures trading. It's a platform for more experienced traders who want to actively manage their cryptocurrency investments.
  • avatarDec 18, 2021 · 3 years ago
    Another app worth mentioning is BlockFi. BlockFi allows you to earn interest on your cryptocurrency holdings and also offers loans backed by your crypto assets. It's a unique way to leverage your cryptocurrency investments and potentially earn passive income.
  • avatarDec 18, 2021 · 3 years ago
    For those interested in decentralized finance (DeFi), Uniswap is a popular decentralized exchange (DEX) that allows you to trade and invest in various cryptocurrencies. It operates on the Ethereum blockchain and offers a wide range of tokens for trading and investing.
  • avatarDec 18, 2021 · 3 years ago
    If you're interested in investing in specific cryptocurrencies, you can consider using the respective wallets for those cryptocurrencies. For example, if you want to invest in Bitcoin, you can use a Bitcoin wallet like Electrum or Ledger Live. These wallets provide a secure way to store and manage your Bitcoin holdings.
  • avatarDec 18, 2021 · 3 years ago
    One more app to consider is eToro. eToro is a social trading platform that allows you to copy the trades of successful cryptocurrency traders. It's a great way to learn from experienced traders and potentially earn profits by following their strategies.