TL;DR: Every time you use your bank account, debit card, or credit card to make a transaction, RoundlyX, a roundup tool and portfolio aggregator, invests your spare change into digital assets. Your everyday purchases are rounded up to the nearest dollar, and the remaining amount is invested in the cryptocurrency of your choice.
Cryptocurrency is getting increasingly popular, and more and more people want to experiment with investing in digital assets. However the average Joe doesn’t have a lot of funds on hand to buy crypto in bulk.
The good news is that you don’t need a huge amount of money to invest with RoundlyX. Instead, the platform uses roundups from your purchases to buy digital assets, letting you gradually increase your stake in cryptocurrencies over time.
Keep reading for everything you need to know about RoundlyX. See current crypto promotions here…
RoundlyX At-A-Glance
Services | Roundup crypto investments Asset tracking |
Monthly Fee | $1 |
Supported Countries | United States only |
Customer Service | Email, Twitter |
Promotions | 30-day free trial $4 welcome bonus & referrals |
RoundlyX Referral Program: $15 For You, $15 For Them
Invite your friends with your code so they can Roundup into Digital Assets too.
With their referral program you get $15 and your referrals get $15. The referee must purchase $45 or more in digital assets via RoundlyX within the first 30 days of signup or subscribe to IdeaBumps for two billing cycles to qualify.
Here’s our referral link (code theb-B3CE1F) if you’d like to use it for the bonus offer. Thanks in advance!
What Makes RoundlyX Unique?
RoundlyX comes with a wealth of features. The platform lets you automate dollar cost averaging, which is a smart approach for any long-term investment, particularly with volatile financial instruments like cryptocurrency.
Automatic Roundups
RoundlyX’s main feature is rounding up your purchases to the closest dollar and investing the difference in digital assets. You have some control over how those roundups operate, including which of the 50+ digital assets to invest in. You can also include a roundup multiplier if you wish to invest larger amounts quickly. For instance, if you choose a 2x multiplier, you would invest $1 instead of $0.50 on an $8.50 purchase.
You can also set up recurring purchases or quick buys to purchase cryptocurrencies instantly if you want to invest more and a roundup multiplier still isn’t reaching your goal. Plus, you can stop your roundups and recurrent purchases whenever you wish to cut back on your spending and restart whenever you’re ready to invest again.
RoundlyX’s partnership with Prizeout enables you to make gift card purchases for your favorite brands directly from the platform. One hundred percent of the amount you spend goes directly to your roundup balance. Gift cards may come at big discounts, as high as 33%.
All-In-One Dashboard
Connect all your cryptocurrency wallets and balances to RoundlyX and view them as one beautiful visual representation of your investments, all in one location. There’s no need to log into multiple accounts to track your holdings. This not only makes checking your balances simpler but also increases the security of your accounts by reducing the need to log into your exchanges and wallets, which also decreases your likelihood of experiencing hacker attacks.
The platform also lets you track your savings, stocks, and manually-entered assets. For instance, you can link your E*Trade, TD Ameritrade, and Robinhood accounts, as well as NFTs, property, and precious metals investments.
Choice of Crypto Exchanges
RoundlyX supports a variety of cryptocurrency exchanges, so you can choose which one you want to buy assets from. Below are some of them:
You can choose to round up into different assets on different exchanges. For instance, you can round up simultaneously into Bitcoin on Coinbase and Ethereum on Binance.
Top-Level Security
Because RoundlyX is not an exchange and does not hold any of your assets, any hacker that gains access to your account will not be able to steal any assets from you. By design, selling and transferring assets is not possible from your account; only purchases are permitted. You will continue to keep all of your assets in your current exchange accounts.
By utilizing Plaid, a well-known company that links checking and credit card accounts to financial applications, RoundlyX never has access to your financial institutions’ login credentials. As such, the platform can’t save or share such information with anyone.
How Does RoundlyX Work?
First, you need to create an account by submitting your name, email, and password. Then, connect your bank accounts and credit cards. After that, link your cryptocurrency exchange account(s) and adjust the settings as you see fit.
Once that’s done, RoundlyX rounds up every purchase you make using your linked bank accounts, debit cards, and credit cards. When the sum of your roundups hits a certain threshold, the platform will automatically process a transaction with the exchange(s) linked to your account and purchase the cryptocurrency of your choice.
RoundlyX Customer Service
If you run into any problems or have any questions, you can get in touch with RoundlyX via email or Twitter.
RoundlyX Pricing
RoundlyX isn’t free, but the monthly fee is only $1 with no long-term commitment. That’s a bargain considering competitor Acorns charges $3 per month. Other than the standard exchange costs, the platform has no additional fees.
If you want to try out the platform before paying for the service, you can do so with the 30-day free trial.
Bottom Line
RoundlyX is a simple and passive approach to dollar cost average into a long-term crypto portfolio. It supports more than 50 digital assets, combines all your exchanges, wallets, and other investments into one, simple-to-use dashboard, and it costs only $1 a month.
If you want to automatically invest your spare change into an ETFs portfolio, check out Acorns. They’re currently offering up to $25 as a welcome bonus.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.