In this article, I will discuss the best crypto robo-advisors available today. These platforms offer automated investment solutions for cryptocurrency enthusiasts, allowing users to diversify their portfolios without needing extensive market knowledge.
- What Is a Crypto Robo-Advisor?
- Key Points & Best Crypto Robo Advisors List
- 10 Best Crypto Robo Advisors
- 1.Wealthfront
- 2.Fidelity Go
- 3.Makara
- 4.Sarwa
- 5.M1 Finance
- 6.Shrimpy Advisory
- 7.Vanguard Digital Advisor
- 8.Betterment
- 9.Acorns
- 10.Ellevest
- Which Aspects Will You keep In Mind While Choosing Your Robo-Advisor?
- Conclusion
Whether you’re a beginner or experienced investor, these robo-advisors provide an easy and efficient way to manage your crypto investments while minimizing the hassle.
What Is a Crypto Robo-Advisor?
Robo-advisors help in making investment decisions by building customized portfolios according to your financial status, investment objectives, and the risk you are willing to take. You can virtually sit back while your investments are being managed as these platforms require little human interaction. This makes it possible to invest in the stock market with ease.
A robo-advisor for cryptocurrencies also exists. These services only require the user to specify an investment size and answer a few questions.
Based on these criteria, a custom crypto portfolio is built for the user. Understanding crypto wallets, exchanges, or particular coins is not necessary. Portfolio management and automatic rebalancing is done by some of these platforms, while a few even let out the users’ cryptos to earn extra interest, in turn providing more income to the user.
Key Points & Best Crypto Robo Advisors List
| Platform | Key Points | Investment Options | Unique Selling Points |
|---|---|---|---|
| Wealthfront | Automated financial planning, tax optimization, personalized advice. | Stocks, bonds, ETFs | Financial planning tools, tax-loss harvesting |
| Fidelity Go | Automated management, goal tracking, retirement focus. | ETFs | Low-cost, user-friendly, great for retirement savings |
| Makara | Fully automated crypto portfolio management, asset allocation based on risk profile. | Cryptocurrencies | Tailored for crypto, rebalancing and earning through lending |
| Sarwa | Automated investing, customizable portfolios, tax optimization, financial planning. | ETFs, stocks, bonds | Global reach, socially responsible investing options |
| M1 Finance | Automated portfolio management, goal tracking, fractional shares. | Stocks, ETFs, crypto | Flexible portfolio construction, custom investment strategies |
| Shrimpy Advisory | Automated crypto portfolio rebalancing, portfolio tracking, backtesting features. | Cryptocurrencies | Crypto portfolio rebalancing, backtesting, social trading features |
| Vanguard Digital Advisor | Digital financial advice with an emphasis on retirement planning and tax efficiency. | ETFs, mutual funds | Low-cost retirement management, tax-smart strategies |
| Betterment | Personalized financial advice, tax optimization, retirement planning, socially responsible investments. | Stocks, bonds, ETFs | Goal-based planning, automatic rebalancing, tax-loss harvesting |
| Acorns | Micro-investing, round-ups, automated investing, retirement planning. | ETFs | Round-up investments, goal-focused savings |
| Ellevest | Focus on women’s financial planning, personalized investment portfolios, impact investing. | Stocks, bonds, ETFs | Gender-focused financial advice, holistic wealth planning |
10 Best Crypto Robo Advisors
1.Wealthfront
Wealthfront is one of the best leading robo-advisor that provides automated investment management services.
Wealthfront offers customized portfolios depending on your goals, targeted risk, and desired asset allocation. In addition to traditional investment tax optimization, Wealthfront also provides financial planning tools.
Wealthfront has an annual account management fee of $0.25. The company is not known for specializing in crypto investments, but its automated strategies are ideal for multi-asset class portfolio managers. Wealthfront has an easy-to-use interface, low-cost offerings, and a long-term investment strategy which is ideal for passive investors and beginners looking to grow their investments over time.
| Feature | Description |
|---|---|
| Project Name | Wealthfront |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Website | Wealthfront |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
2.Fidelity Go
Fidelity Go is suited for passive investors looking for low-cost automated portfolio management. Their services include goal tracking, retirement planning, and tax-efficient strategy implementation. While not focused specifically on cryptocurrencies, Fidelity Go does provide an accessible option for novice investors looking to dip their toes into the water.
Fidelity Go has no fees for balances under $10,000, but accounts above that amount incur a $3/month fee. For users looking for easy and inexpensive ways to invest in ETFs, Fidelity Go delivers. Its powerful tools are exceptionally easy to use and make investing effortless for beginners.
| Feature | Description |
|---|---|
| Project Name | Fidelity Go |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Website | Fidelity Go |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
3.Makara
Makara is a leading crypto robo-advisor that automates the management of crypto portfolios, simplifying the investment of digital assets.
It builds personalized crypto portfolios based on each user’s risk tolerance and investment goals, giving tailored options for crypto market investment. Makara’s portfolio management comes at a cost of one percent annually.
Customers can enjoy automatic rebalancing as well as earning interest from lending their crypto assets. Focusing on simplicity and less active management, Makara is best suited for investors looking to enter the crypto domain without heavy market or asset management knowledge.
| Feature | Description |
|---|---|
| Project Name | Makara |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Website | Makara |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
4.Sarwa
Sarwa is a robo-advisor that integrates automation and human touch to create a personalized portfolio that consists of crypto and traditional investments.
Sarwa offers crypto, stocks, and even bonds which are tailored to your individual risk tolerance and financial goals. It is one of the cheaper options as it charges 0.75% annually for sophisticated management.
In addition to this, Sarwa also enables tax optimization and socially responsible investing. While the focus is more on traditional assets, Sarwa also permits the inclusion of crypto, making it favorable for investors who want to diversify their portfolios without too much hassle.
| Feature | Description |
|---|---|
| Project Name | Sarwa |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Website | Sarwa |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
5.M1 Finance
M1 Finance has a flexible robo-advisor with modern investment options, from traditional assets to crypto. Users can easily create bespoke portfolios of stocks, ETFs and cryptocurrencies. For passive investors, M1 Finance’s rebalancing and goal completion features make it a top choice.
M1 Finance’s account options are free for basic users, but M1 Plus accounts, which offer more advanced use features, require a fee of $125/year. Designed for investors who want the freedom and control over their portfolios, M1 Finance uniquely balances automation with flexibility to cater to users of all levels.
| Feature | Description |
|---|---|
| Project Name | M1 Finance |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Website | M1 Finance |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
6.Shrimpy Advisory
Shrimpy is a robo-advisor that specializes in crypto trading. It has automated features such as portfolio rebalancing, tracking, and social trading. Users have the ability to create custom cryptocurrency portfolios that are automatically rebalanced with regard to the state of the market and personal risk profiles.
Shrimpy enables users to backtest strategies to refine them for better decisions. They charge a subscription fee starting at $19 per month.
Shrimpy’s social trading feature allows users to effortlessly follow successful traders, making it ideal for novice and experienced investors. Shrimpy offers a convenient investment solution for those who want to enhance their cryptocurrency portfolios with low-cost, low-effort strategy.
| Feature | Description |
|---|---|
| Project Name | Shrimpy Advisory |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Website | Shrimpy Advisory |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
7.Vanguard Digital Advisor
Vanguard Digital Advisor automates financial guidance and portfolio management, concentrating on retirement planning and long-term goals. While Vanguard has no particular domain in cryptocurrencies, it does offer a comprehensive, tax-efficient investment approach for traditional stocks and bonds.
For investors seeking a low-cost, tax-efficient portfolio investment strategy with retirement in mind, Vanguard has the sought-after platform. Costs associated with Vanguard Digital Advisor are set at an annual fee between 0.15% and 0.30%. This robo-advisor works best for users interested in effortless, goals-based investing, but may not work for those focused on dedicated crypto investments.
| Feature | Description |
|---|---|
| Project Name | Vanguard Digital Advisor |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Website | Vanguard Digital Advisor |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
8.Betterment
Betterment is a well-known robo-advisor that provides automated portfolio management emphasizing on achieving financial goals, tax-efficient investing, and retirement planning.
Although it lacks a focus on Betterment’s specialty in crypto investments, it does take a hands-off approach toward managing stocks, bonds, and ETFs.
The system constantly rebalances a portfolio over time to maintain an investor’s targeted level of risk and other goals. Customer service is provided at a fee of 0.25% – 0.40% annually, depending on the service tier.
Betterment is ideal for investors seeking simplicity and goal-based, tax-efficient investing. In contrast, Betterment may not be the best option for investors focused on cryptocurrency.
| Feature | Description |
|---|---|
| Project Name | Betterment Crypto Investing |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Website | Betterment Crypto Investing |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
9.Acorns
Acorns is a micro-investing robo-advisor that automates the process of investing through round-ups and recurring contributions. Although it doesn’t focus on cryptocurrency, Acorns does offer access to portfolios consisting of stocks, bonds, and ETFs.
Depending on the selected plan, Acorns’ monthly fee varies between $1 and $5. Its simple interface alongside goal-oriented features are great for complete novices and those wanting a hands-off approach to investing. Acorns may not prioritize cryptocurrency, but it is a good starting point for anyone wanting to build wealth with little effort.
| Feature | Description |
|---|---|
| Project Name | Acorns |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Website | Acorns |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
10.Ellevest
Ellevest is a robo-advisor that helps women meet their financial objectives by offering customized socially responsible investment strategies. While cryptocurrencies are not within its areas of focus, Ellevest offers a diversified collection of stocks, bonds, and ETFs for a client’s portfolio that is adjusted to their risk appetite and financial goals.
The company charges a flat fee of $0 to $9 per month, depending on the plan enrolled. For these fees, tax optimization, retirement savings, and even holistic financial planning are included
Which allow that type of investor to sit back and relax while reaching financial objectives. Here’s what you get with Ellevest: In addition to hands-off management, social responsibility, and goal-oriented investment strategy focus, long-term growth is guaranteed.
| Feature | Description |
|---|---|
| Project Name | Ellevest |
| Purpose | Automated investment platform for managing cryptocurrency portfolios |
| KYC Requirements | Minimal KYC required for basic participation |
| Security | Ensures secure transactions and user data protection |
| Use Cases | Automated crypto portfolio management |
| Market Potential | Leading robo advisor with a strong reputation in the investment community |
| Current Status | Established platform with a large user base and extensive investment options |
Which Aspects Will You keep In Mind While Choosing Your Robo-Advisor?
Fees – Ensure that your fee structure is not too high, as lower fees means better returns in the long run.
Investment Options – The asset classes (stocks, bonds, crypto, etc.) should meet your preferred investment type, make sure the platform offers a range of options.
Customization – Portfolio personalization based on risk tolerance, goals, and preferences should be allowed by the robo-advisor.
Rebalancing – Automated features that ensure your portfolio is in alignment with your goals will be useful.
Tax Optimization – Tax-loss harvesting can be a good feature to look for when choosing a platform.
User Experience – Ensure that the customer support and interface of the platform you choose is user friendly.
Conclusion
To sum up, the leading crypto robo-advisors provide an automated, set-and-forget investing solution to their clients. Makara, Shrimpy, and others have made it simple to use cryptocurrency portfolios with rebalancing and earning options.
The appropriate robo-advisor hinges on the available fees, investment choices, level of security, and the degree of personalization that meets your investment plan and goals.
