CRYPTO20: Available on Exchanges
Leading cryptocurrency Index Fund CRYPTO20 have listed on IDEX following their highly successful ICO which raised $38 million.
This move shows the team's ongoing commitment to ICO investors to help minimize risk, and maximize profit with their autonomous Index Fund.
The token is currently trading on IDEX at 3x ICO price, this is due to the underlying assets in the fund appreciating along with a premium which the convenience of holding one token which represents the top 20 cryptocurrencies affords.
The fund’s token, C20, is a representation of an investor’s share of the fund, and the fund’s value is equal to the combined value of its assets. CRYPTO20, unlike many of the other offerings in the marketplace today, is a finished product and not a platform.
As evidence of this fact, CRYPTO20 has released trading tools and insights that are generated live from the eight exchanges connected to the system via a simple, unified API. The trading tools are available in the fund investor portal and include information on slippage, the best price and trading pair to acquire assets with and the volume by exchange.
Token-holders are able to liquidate the C20 token for their share of the underlying assets via the smart contract or now trade on exchanges. The fund is fully AML/KYC compliant and operates as a registered LLC in the Cayman Islands, a popular fund jurisdiction.
The CRYPTO20 fund mitigates risk and volatility, and historically has provided better returns than the market cap leader, Bitcoin, alone.
To find out more and invest in CRYPTO20, head to: https://crypto20.com/