Invest your spare change in Bitcoin & earn interest 24/7
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Neel Popat

Donut - Invest your spare change in Bitcoin & earn interest 24/7

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Donut is an iOS app that provides an easy way to invest your spare change in Bitcoin and earn real-time interest on your savings. Simply connect your bank, choose how to invest and start growing your digital wealth in under 5 minutes.

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Peter Belden
I love this product - a great way to dip your toe into crypto and allows you to dollar cost average in what is still a fairly volatile market. Highly recommend
Neel Popat
Maker
Dennis Müller
Loved the demo I got by Jordan earlier this year! Wish I was a US citizen rn. The day you launch in Europe, I’ll switch it all from coinbase :)
Neel Popat
Maker
@muellaire Thanks Dennis! We've got Europe on our sights too :)
Juliana Betancourth
Congrats guys! This is app makes bitcoin investment so much easier, I also love how friendly is the design. The coolest thing is to see how I earn interest in real time.
Dan Spooner
Maker
@julianabetan thanks! Great to have you as an early user - let us know if there's anything we can help with :)
Joel Choi
love the UI. Could you help explain why the current savings rate is .68%? I thought the benefit here was to have a savings rate that was higher than what you can get at a typical savings account. Ally Bank is getting around 1.4%
Neel Popat
Maker
@joe_whale Hey Joel, thanks for the great question! Ally Bank works by issuing a fixed term savings product where you get a rate of 1.4%. You have to keep your asset there for a year, without any ability to withdraw. With Donut Savings, we convert your dollars to stablecoins and supply them to a global lending pool at Compound. By supplying your stablecoins to Compound, we're able to offer you a real-time rate that's paid every 15 seconds. While the interest rate is currently on the lower side, it tends to fluctuate favorably (last week was over 6%) and you can withdraw anytime. We wrote a blog article about Donut Savings here where you can learn a little about how it works 👉 https://bit.ly/2YCamfr
Inshaal Uddin
India anytime soon?
Dan Spooner
Maker
hey @inshaal, great question. We’ve been watching what’s been happening in India and looks like crypto has had quite the resurgence! Whilst not currently on our short term roadmap we’ll ensure that it’s higher up the priority list when we roll-out 🌏
Inshaal Uddin
Hey @dan__spooner thanks for replying! Yeah it's been fluctuating a lot if we talk about the crypto aspect. Anyway, all the best for all the other countries you'd be launching in! :D
Phil George
Love it @dan__spooner The app looks and feels beautiful and takes the insanely complex tasks required and makes it all feel magical. Keep building. Team @ Bamboo says Hi!
Eduardo Rodrigues
I love the concept and would love to use the app but, unfor, my bank is not supported 😩
Dan Spooner
Maker
hey @errodrigues! Sorry to hear that you're having problems connecting your bank - would love to know more to improve this moving further - could you email support with a little more info? support@donut.app
Eduardo Rodrigues
@donut Hi @dan__spooner thanks for your interest. I'll e-mail them.
Eduardo Rodrigues
@donut @dan__spooner Done. Would love to see my bank supported so I can give Donut a try.
Neel Popat
Maker
@donut @dan__spooner @errodrigues Thanks Eduardo! We'll look into this for you :)
Naga sai Vishnu
Why aren't you guys in India yet?
Neel Popat
Maker
@naga_sai_vishnu Hey Naga, great question! Excited to see what's happening in crypto in India and whilst it's not currently on our near term roadmap we definitely have our eyes on this in this soon 🌏
Neel Popat
Maker
@896786 Watch this space, we're on it! 👀
John McKean
Looks amazing, we need it in Australia ASAP!! :)
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