Making sure your understanding of round-ups is well-rounded

1 min read

Welcome to Satochi’s educational blog post series. This article is the first, in series of posts about how to make the most of the features available on Satochi.

Satochi is a simple, yet powerful platform and we want to ensure that you, as a user, make the most of it. Therefore, it is imperative that we’re on the same page when it comes to one of the leading features of the platform: Round-ups.

A Round-Up is the virtual spare change captured from rounding up a transaction to the nearest dollar. When you link a credit or debit card to your Satochi account, we track the spare change from your transactions and automatically invest it for you. Your Round-ups will, of course, be viewable in the app.

Round-ups transferred from the credit or debit card that you link to Satochi. This card will also be the card that funds are sent back to when a withdrawal is requested. For example, if you spend $3.50 using your credit card then that $.50 will be transferred from your card into your Satochi account. You can see the account(s) you have linked by going to Profile and selecting the Bank Accounts menu item.

At any given point in time, you can choose to accelerate the growth of your portfolio by making a One-Time-Deposit. These are different from Round-ups, and you will be able to have Round-ups enabled while making individual One-Time-Deposits.

That’s it, pretty simple really. Just like that, you’re now ready to embark on your investment journey with Satochi and take your first step towards joining the newest innovative addition to the world economy, blockchain-enabled cryptocurrencies.

We hope you enjoyed reading this brief article as much as we enjoyed writing it and hope to see you on our website and in-app once we launch in April.

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