How do I change my GalaxyOne Cash reinvestment strategy?
GalaxyOne Cash interest is automatically credited in dollars to your GalaxyOne Cash account. If you prefer, you can change your strategy in the GalaxyOne app to automatically reinvest directly into crypto, stocks, or ETFs instead.
Steps to Change Your Reinvestment Strategy
- Open the GalaxyOne app.
- Scroll down to the bottom of the GalaxyOne Earnings box.
- Choose your reinvestment strategy:
- Deposit to GalaxyOne Cash — Put your interest to work in the FDIC-insured high-yield checking account, currently earning 3.50% APY. This is the default option and happens automatically.
- Buy Crypto — Automatically reinvest your interest into a crypto asset such as BTC or ETH. If you select this option, you will need to choose the asset and confirm your selection.
- Buy Stocks or ETFs — Automatically reinvest your interest into any stock or ETF available on the platform. If you select this option, you will need to choose the asset and confirm your selection.
Updating Later
You can return to the GalaxyOne Earnings box at any time and tap Change to update your reinvestment strategy.
You can return to the GalaxyOne Earnings box at any time and tap Change to update your reinvestment strategy.
Important Information
- There is a $10 minimum. If your interest payment is less than $10, no automated reinvestment will occur.
- Crypto and Stock/ETF reinvestments are executed at the market price at the time of purchase, so the exact amount purchased may vary.
- You can switch strategies as often as you like; the most recent selection will apply to future earnings.