Invest in crypto, safely.
Protect your investments with self-custody and tools to invest wisely.
Available in USA. Want Sock in another country? Join the waitlist.
We never touch your money
Unlike a bank, we never touch or lend out your money. Your money is secured on the blockchain and managed by you.
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Invest wisely with Sock Risk Scores
See how one token's risk profile compares to the overall market. Uncover tokens that pair with your investment strategy.
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Never pay for network fees
Sock more away for yourself by never paying network fees (gas) on your transactions.
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Protect your investment
Use automatic orders with a price you set to reap more gains or guard against potential loss—all while holding custody.
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Buy, sell, swap crypto
Trade loads of tokens on the lightning fast Arbitrum network.
No memecoins
Outsmart the hype by trading from a curated set of tokens with real utility.
Secure
Data secured with AES 256-bit encryption and TLS 1.2 in transit.
Convert cash into crypto and back, fast
Move your money in and out of crypto in minutes—not days.
Frequently asked questions
How is Sock different from CoinBase, Binance etc?
Sock is entirely self-custodial, meaning we never touch your funds, they are secured on the blockchain, and can only be accessed by you. Centralized exchanges like Coinbase and Binance hold custody of your money, and can be perceived as an additional layer of risk. Additionally, most centralized exchanges will charge fees for earning that are opaque, and may appear to earn lower vAPYs.
Is Sock Safe? What does non-custodial / self-custodial mean?
Sock uses industry-leading security for peace of mind. Non-custody means that Sock never touches or controls your money. Your funds are secured on the blockchain, and can only be accessed and controlled by you.
Does Sock re-invest or loan out my funds?
No, sock never touches customer funds. Unlike traditional banks or other investing apps, your money stays in your account and is always available to you. Sock is a non-custodial investment app.
How are swaps fee-free?
Sock operates the Arbitrum blockchain network. Arbitrum is lightning fast and inexpensive to transact on. Sock sponsors the cost of any network fees, making it free for you to make swaps. Excluding Bitcoin.
What are limit and stop-loss orders?
Stop-loss and limit orders are essentially orders you place in advance to sell at a certain floor (stop-loss) or ceiling (limit) price. Either can be set up with a dollar amount so that you can create rules like “sell 2 ETH at $3,500”. If the price of ETH exceeds $3,500, your order will be executed. All orders can be edited or canceled at any time.
How are you able to automate buys and sells while being non-custodial?
Sock uses an Ethereum blockchain feature called Account Abstraction, which enables you to grant permission to your Sock account to set triggered buys or sells on your behalf based on the rules you set. Sock is a non-custodial investing app.
How does earning work?
Sock utilizes the decentralized lending and borrowing network Aave to enable you to earn yield on your crypto. Aave has over $11 billion dollars in value locked and is widely recognized as one of the largest and safest protocols in decentralized finance. Your tokens are deposited into an Aave lending pool where they earn a variable rate APY depending on borrowing demand. Interest compounds every second (yes really), and yield earned is automatically reinvested.
What are the risks of earning?
Sock utilizes the decentralized lending and borrowing network Aave to enable you to earn yield on your crypto. No platform can be considered entirely risk free. The risks related to the Aave platform are the smart contract risk (risk of a bug within the protocol code) and liquidation risk (risk on the collateral liquidation process). Every possible step has been taken to minimize the risk as much as possible-- the protocol code is public and open source and it has been audited.
How can I send money for free?
Sock uses blockchain technology to instantly send crypto to any address on the Arbitrum network. Because Arbitrum is a fast and inexpensive network to transact on, Sock sponsors the cost of any network fees, making it free for you to send money.
Where is Sock available?
Sock is available in 60+ countries worldwide on iOS and Android platforms. Supported countries include Argentina, Australia, Bahamas, Barbados, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, France, Germany, Guatemala, Honduras, Hong Kong, India, Indonesia, Ireland, Italy, Jamaica, New Zealand, Nicaragua, Panama, Paraguay, Peru, Philippines, Portugal, Scotland, Singapore, Spain, Switzerland, Taiwan, Thailand, United Kingdom, United States, Uruguay, Vietnam. Don't see your country on the list? Add your email to the waitlist at https://sock.app/waitlist to show your interest in Sock and be notified when we launch in your country
What networks does Sock support?
Sock currently runs on the Arbitrum blockchain network and the Bitcoin blockchain network. Sock supports buying, selling, swapping, sending, and receiving crypto or tokens on Arbitrum or Bitcoin.
How does Sock make money?
Sock takes a small transaction feee (.85%) on all investing trades (swaps).
What does the name Sock mean?
The name Sock has a deeper meaning that reflects our commitment to helping people invest responsibly. The phrase “sock it away” or using sock drawers as a convention to store money became popular during times of economic uncertainty when people were hesitant to trust traditional financial institutions with their savings.
Investors
