September 6th, 2018 at 10:15 pm UTC · 2 min read
RoboForex clients now have an opportunity to invest their funds into the cryptocurrency market by using advantages of index instruments.
A crypto index is a financial instrument, which is a basket of the most popular cryptocurrencies. Index instruments allow to diversify risks in some particular asset by distributing investments between other assets of the index. In addition to that, trading crypto indexes helps to lower entry threshold and decrease transaction costs in comparison with trading each instrument separately.
Investments into Crypto.TOP and Crypto.ALT provide RoboForex clients with an opportunity to enter the cryptocurrency market without having to register any third-party wallets for keeping them. Apart from this, trading crypto indexes on RoboForex accounts will allow clients to avoid the need to risk their funds when dealing with unregulated cryptocurrency exchanges.
The Crypto.TOP index includes 3 of the most popular and actual instruments of the cryptocurrency market with the largest capitalization and highest liquidity. The Crypto.TOP index structure is a basket of virtual currencies in the following ratio: BTCUSD – 1, ETHUSD – 10, XRPUSD – 5000.
An alternative index called Crypto.ALT allows to expand your investment portfolio by adding 5 cryptocurrencies at once. Crypto.ALT contains some of the most significant assets of the digital market in the following ratio: ETHUSD – 0,5, BCHUSD – 0,3, XRPUSD – 400, LTCUSD – 2,5, DASHUSD – 0,75.
Denis Golomedov, CMO at RoboForex, is commenting this innovation:
“Over the last 25 years, it has become possible to minimize costs for diversification in “traditional” asset classes thanks to ETFs. Our goal was to create something similar to ETFs for the cryptocurrency market, an available instrument for investments and diversification of investment portfolios of our clients. Moreover, crypto indexes help to solve a lot of problems relating to buying, storing, and providing safety of digital currencies.”
RoboForex Ltd is a company, which delivers brokerage services on a world-wide basis. The company provides traders, who work on financial market, with access to its proprietary trading platforms. RoboForex Ltd has the brokerage license IFSC/60/271/TS/17 and is a member of The Financial Commission’s compensation fund. More detailed information about the Company’s activities and operations can be found on the official website at www.roboforex.com.
Timofey Zuev, Head of PR at RoboForex Group