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  Trove is an investment platform that enables Nigerians interested in building wealth through the stock exchange to purchase and sell their stocks and shares. It’s a mobile-based digital investment platform that lets you invest in stocks, bonds, exchange-traded funds (ETFs), and other assets using just your phone.
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How The Trove App Works 

Trove provides opportunities to invest in the US, Chinese, and Nigerian stocks, and government bonds, for a minimum fee of 1000 naira. To begin using the app, download it from the Google Play Store or Apple’s App Store. You will be required to fill an account opening form with details such as your email, first name, and phone number. Next, choose your investment goal and experience. Complete the section on funding and liquidity by stating your financial sources and the amount of liquidity you have. To complete your profile, fill in your personal information such as;
  • Personal Information ( Birth year, Gender, Marital status & BVN)
  • Nationality & Residential Information
  • Occupation & Next of Kin
  • Bank account details (Link your bank account)
  • Upload required Documents (Passport photograph, Valid ID, Utility Bill, Signature)
Once you’ve completed your profile, Trove will review your account application, and send you a confirmatory message if your account has been approved or request more missing information from you.
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How To Fund Your Trove Wallet 

Trove provides users with two kinds of wallets, namely the naira wallet and the dollar wallet. The naira wallet lets users buy local/Nigerian stocks while the dollar wallet is used for buying foreign stocks.

Buying Shares With Trove App

To buy shares, visit the “All Assets” page by clicking the + button. This enables you to look up any stock you’re interested in. You’ll find the following categories on the page:
  • NigerianStocks
  • Foreign Stocks
  • ETFs
  • Bonds
To purchase a share:
  • Find and choose the company you want to buy from.
  • Select ‘Buy shares’ from the drop-down menu.
  • Fill in the number of shares you’d like to buy.
  • To proceed to payment, click the ‘Proceed to payment’ option.
  • Click ‘confirm transaction’ after evaluating your order on the confirmation screen and agreeing to the terms of the transaction.
All you have to do now is click continue. Visit the Trove official website to learn more about the app and download it. https://www.troveapp.co/ Featured Image Source: Pinterest
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This article was first published on 3rd July 2021

samuelokoruwa

My name is Samuel Okoruwa. I am an ardent researcher, reading is life and writing is fun.

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