FAQ

Common questions

What is Plutus Wallet?

Plutus Wallet is the smart and friendly crypto-assets portfolio simulator.

The most easy and fun way to manage and experiment with virtual crypto-assets risk-free.

What do you mean Plutus Wallet is risk-free? Is there real money and/or investing involved?

You manage authentic crypto-assets with live exchange rates. Because everything else is a virtual simulation, there is no real trading taking place. In other words - no real investing, trading or money involved.

Will there be real investing and trading features added in the future?

Real investing and trading is something we consider to implement, as well as many other features. Be sure to check our website and Facebook page for news and updates.

Which platforms are supported?

Android: beta-version on Google Play Store Web: currently in alpha stage

Where did the name Plutus Wallet come from?

Plutus is the Greek god of wealth and Wallet is…well, a wallet with virtual crypto-assets:) Sounds cool, right?

Questions about functionality

What is the difference between a Portfolio and a Pie?

A Pie is a collection of maximum five crypto-assets (we call them Coins) of your choice. All Pies combined forms your Portfolio.

How many Pies can I create? Can I add and remove crypto-assets (Coins) from the Pies?

You can create up to 10 Pies. Delete obsolete or edit your existing Pies if needed. Coins can be added to and removed from a Pie at any time.

What is the Allocation function?

A Pie has five empty slots to which you can assign up-to five different Coins. These newly added Coins are being automatically allocated in even parts. You can always change the allocation manually, separately for each Coin.

What is (automatic) Rebalance for?

Rebalancing brings your Pie automatically back to its targets. As exchange rates change over time, the initial target allocations will shift. This may result in a Pie that no longer aligns with your strategies and expected results. You can either do it manually with a tap of a button or choose the auto function in the Management section and rebalance every hour or every 24hrs.

This is all too difficult for me, but I’m really interested in this product!

We have created an informative tutorial to help you get started. There is also the FAQ (frequently asked questions), which will be updated regularly and we will be adding useful tooltips as well!

Where did my amusing Username come from?

Plutus Wallet came up with it! If you don’t like this one, don’t worry, you can always generate a new one:)