If you’re new to investing with Trove, one of the first things you’ll encounter is your wallet, also referred to as your portfolio balance. But what exactly does it mean, and how do you fund it?
What is a Wallet on Trove?
Your Trove wallet is like your investment bank account. It’s where your money lives before it goes out to work for you in the form of stocks, ETFs, bonds, or mutual funds. You can have multiple wallets on Trove, depending on the currency, like your NGN Wallet for Naira, or USD Wallet for dollar investments.
Each wallet is linked to a specific portfolio. So, before you invest, you need to fund the wallet connected to the portfolio you want to use. No money in your wallet = no trades.
How Do I Fund My Wallet on Trove?
Funding your wallet is super easy, and you can do it in under 2 minutes. Here’s how:
- Open the Trove app and log into your account.
- From the menu, tap on “Balances”.
- Select the portfolio you want to fund (for most people, that’s NGN Portfolio).
- Scroll down and tap on “Fund Naira” (or the option relevant to your selected currency).
- Choose your preferred funding method—either bank transfer or debit card
- Follow the prompts and complete the transaction. And boom, you’re done! The money shows up in your wallet, and you can start investing right away.
Can I Fund My Wallet with My Debit Card?
Absolutely. If you’re the kind of person who’d rather not copy long account numbers for transfers, just use your debit card. It’s quick, safe, and fully supported on the app.
Is There a Minimum Amount I Can Fund?
You can start funding your wallet with as little as ₦1,000. That means you don’t need to be a millionaire to start your investment journey.
Conclusion
Your wallet is the starting point for everything you’ll do on the Trove app. Think of it as the launchpad for your financial future. Once it’s funded, you can buy assets, explore new opportunities, or even just watch your money grow from the sidelines.
So, go ahead, log in, tap “Balances,” fund that wallet, and take your first step toward smarter investing.
