p/roundlyx
Invest your spare change in Bitcoin and other Digital Assets
Andrew Elliott
RoundlyX β€” Build wealth in digital assets with spare change roundups πŸš€
Featured
25
β€’
Invest your spare change roundups into Bitcoin and/or over 30 other digital assets when making everyday purchases! Connect your favorite exchanges to view and manage all of your accounts in one dashboard and roundup into different assets all at the same time.
Replies
Ian
I was thinking I should first ask is it U.S. only but decided instead to spend some time on the website. Sure enough, like so many services promoted worldwide, it is only for North America only. In this case, Plaid is the cause, they have refused for years to consider the needs or interest anyone not in North America. At least one other service has lost at least four years of custom from me because they started using Plaid.
Andrew Elliott
@ianmayman Plaid is expanding a lot now. We plan on entering Europe very soon because of their expansion. Hopefully the VISA acquisition of Plaid accelerates that trend throughout the rest of the world. Some of my crypto friends just got into the VISA accelerator so they are getting into crypto too.
Younghwi Cho
Wow, I personally wanted to make this kinda product, but it seems very difficult to implement. You guys did a great job! I have a humble suggestion. I believe that the roundup investing will be performed based on my PLAID account, right? It will be great if you put more easy explanations about how the roundup investment will be performed with some illustrations or video content. Good luck!
Andrew Elliott
@andrew_cho Ok thanks! We will definitely do this!
Satish Gaire
Ah, This is like Acorns, but for crypto. Could you explain how you are charging? is it set fee or % ?
Andrew Elliott
@satishgaire Hi! It's very similar to what the Acorns app charges for rounding up your spare change into stocks... $1 a month... but with RoundlyX you then also get to see all your holding across multiple exchanges in one place. We are also going to add even more types of digital assets!
kushagra singh
Would the same service be available for different FIAT currency debit card swipes too? LIke INR in India?
Andrew Elliott
Hey Product Hunters! We are excited for you to checkout RoundlyX.com. RoundlyX is Mint.com for Digital Assets. It offers a universal software as a service toolset that connects to existing digital asset exchange infrastructure. Our users can manage their digital asset portfolios via one dashboard with access to tools such as; "Roundup Investing" (similar to the hit Acorns app for equity investing but for the digital asset class), curated content, and aggregated services. πŸš€ With RoundlyX you can start rounding up your spare change into your favorite digital assets when making everyday purchases. βœ… We support the following exchanges: - Voyager - Kraken - Coinbase - Binance You can manage them all via the RoundlyX dashboard. No more logging into everything separately! We'd love to hear your feedback and thoughts on this.
Niels R.
@hello_roundlyx great product! Do you plan to connect with other exchanges in the future ?
Andrew Elliott
@niels_koinju Absolutely! Do you have any exchange in mind?
cCipolla_88🧲
@niels_koinju @hello_roundlyx. Maybe binance.us. phemex, FTX US
Brandon Doyle
@hello_roundlyx Hey Andrew! Love this. Would love to chat more. How can I get in touch?
Vimal kanna
Looks cool, is it available worldwide
Andrew Elliott
@vimal_7_7 It will be very soon. Sign up now so you don't miss the launch announcement in your country! What exchanges do you use? Where are you located?
Chris
The product is almost perfect, except you can only purchase one crypto at a time per exchange. If they added multiple asset without having to have to do it manually, it would be perfect.
Andrew Elliott
@new_user_126b35577b We are looking into that. Certain exchanges we already support would be perfect for this!
Ryan Chaliff
This looks super interesting for people who want to start passive investing without facing too much risk. I’ll give this a try.
Jon Creasy
Dollar cost averaging every day is the best way to get started in crypto, whether you care about Bitcoin first, or just want exposure to other cryptocurrencies. I paid off the rest of my car using profits from dollar cost averaging with RoundlyX from Dec 2019 - May of 2020. This is a MUST HAVE investment strategy to add to your overall strategy. Try RoundlyX!
Sia Mohajer
Acorns for crypto! Smart!
Jill Overturf Aldrich
Love it!
Petros
This is Nice
Aleks S
Not a big fan of products like this. Way too much intrusion into my personal finances, and it's fundamentally antithetical to the notion of why Bitcoin as created in the first place. Furthermore, I think message around with all the other coins is just a distraction. Why round up your spare change and then spread it across multiple correlated assets? It's ridiculous.
CJ_War
Let's be clear, RoundlyX does not actually deliver on what they are advertising. There are much better methods to set up DCA. First, RoundlyX is not actually rounding up your purchases, but doing it over a month and then processing a bulk transaction. For most, this is likely manageable, but it isn't a true round-up service. It could get some people in a bad place if they aren't monitoring their balances. Secondly, and this is more of a problem, they aren't just rounding up purchases, but deposits as well. I have direct deposit, and they round this up. How does that work? How can you "round up" money that I am receiving. The first issue is understandable. They don't really want to be paying for all of those micro-transactions. The second issue though is just shoddy, lazy, incompetent programming. I will see how this goes, but in the end, I will likely ditch RoundlyX as a gimmick with subpar programmers and not enough knowledge or experience to do this right.