The savedroid-crypto-app is a mobile app designed to help you save in cryptocurrency. It works by setting your “Wishes” and coupling these with money-saving actions called “Smooves”. When you’ve reached your goal, just redeem your savings to turn your Wish into reality!
We also offer an Artificial Intelligence (AI) based portfolio that studies, assesses and suggests the best allocation of your savings across different cryptocurrencies. Of course you can also manually set your desired allocation—we’ve got you covered no matter your level of experience in crypto.
If you like an easy way to save in virtual currencies - it can be as easy as saving every time Donald Trump tweets! -, have a daredevil spirit in investing, and like the ‘set-and-forget until maturity date’ approach, then this app is definitely for you.
We all have Wishes—and some of them you can buy with money, like a trip to the Bahamas, a new car, a shopping spree, or whatever you desire. Just use our app to give your Wishes a name, add the expected costs and timeline, and start saving for them through Smooves. Once you’ve reached your savings goal, simply payout and use the funds to turn your Wish into reality.
“Smoove” is short for “smart saving move”. These are actions available in the app that you set-up following ‘if-then’ logic, and will trigger your money-saving. Ideally, your Smooves are connected to your Wishes, so they can dedicatedly save for your goals.
For example, Smooves can be “if I walk less than 2,000 steps today, then the app saves 5€ for my trip to the Bahamas”, or “every time Donald Trump tweets, the app saves 0.15€ for my new car”. Pretty neat, right?
Sure! You can use the app without verifying your account, however, as soon as you want a payout, you have to complete the account verification process. We have a two-level verification process: for withdrawals between 10€ to 799€, and 800€ and above.
Can I use the app without connecting my credit card?
Yes, but remember that it’s a crypto savings app meant to convert funds from your credit card into cryptocurrencies of your choice—so without connecting your card, you’re not actually saving or converting anything in the app.
Why can’t I find my country of residence on the list?
Due to local and regional regulations related to cryptocurrencies, the app is currently not intended for use in the following countries: Afghanistan, Algeria, Bangladesh, Bolivia, Bosnia and Herzegovina, Cambodia, Cuba, Ecuador, Ethiopia, Guyana, Indonesia, Iran, Iraq, Jordan, Kyrgyzstan, Laos, Morocco, Nepal, North Korea, Pakistan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, USA, Uganda, Vanuatu, Venezuela, and Yemen.
If you are a resident of one of these countries and have problems using the app, contact firstname.lastname@example.org and we will determine how or if you can use our crypto saving app.
A portfolio is a combination of assets determining your investment or savings; in the app, your portfolio determines the split of cryptocurrencies. Having a combination of different assets to reduce risk relative to the return is usually a good start.
How does the savedroid AI work? How often is it updated?
The savedroid AI monitors the market in real-time and compares the current situation with the historical information on returns and volatility of different cryptocurrencies. From this, the algorithm makes an assessment of a portfolio that will be least volatile, which you can opt to use when you create a wish. The portfolio is updated once a week.
To cash out your savings, you first need to verify your account. After completing the payout process, you will get a virtual Mastercard debit card, which you can use for online shopping, topping up accounts, and more. Use your saved money to fulfil a Wish or choose to invest it in more Wishes—it’s all up to you how you spend it!
In our savedroid-crypto-app, you can use your SVD Tokens solely for paying the transaction fees related to your savings transactions. As long as there is a sufficient number of SVDs on your account, the due fees are subtracted automatically from your available SVDs balance. If your SVD balance is not enough, we will automatically procure a sufficient number of SVDs for you each time when a fee is due.
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