What are some tips and tricks shared by Reddit users to maximize the round-up rewards on Robinhood for cryptocurrency investments?

4 answers

• Mar 22, 2022 · 3 years ago
  Sure! One tip shared by Reddit users is to enable the round-up feature on Robinhood and link your bank account. This feature automatically rounds up your purchases to the nearest dollar and invests the spare change into cryptocurrencies. By making frequent purchases, you can accumulate more spare change and increase your round-up rewards over time. It's a simple way to passively invest in cryptocurrencies while saving money.
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• Mar 22, 2022 · 3 years ago
  Here's a trick that some Reddit users have mentioned: Instead of solely relying on the round-up feature, you can manually add extra funds to your Robinhood account. By doing this, you can increase the amount of spare change that gets invested into cryptocurrencies. It's a way to boost your round-up rewards and potentially grow your cryptocurrency portfolio faster.
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• Mar 22, 2022 · 3 years ago
  Well, I can't speak for Reddit users, but at BYDFi, we recommend maximizing the round-up rewards on Robinhood by diversifying your cryptocurrency investments. Instead of focusing on a single cryptocurrency, consider investing in a variety of coins. This way, you can benefit from the potential growth of multiple cryptocurrencies and increase your overall round-up rewards. Remember to do your research and choose cryptocurrencies with strong fundamentals and growth potential.
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• Mar 22, 2022 · 3 years ago
  Another tip shared by Reddit users is to take advantage of the referral program offered by Robinhood. By referring friends to join Robinhood and invest in cryptocurrencies, you can earn additional round-up rewards. It's a win-win situation where both you and your friends can benefit from the round-up feature and potentially grow your cryptocurrency portfolios together.
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