5 justifications for allocating funds towards the Bitpanda Crypto Index investment
In a groundbreaking move, Bitpanda, a leading European digital asset platform, has launched the world's first real crypto index - the Bitpanda Crypto Index. This innovative product offers easy access to the most popular cryptocurrencies for both new and seasoned investors.
The Bitpanda Crypto Index auto-adjusts monthly based on data calculated by MVIS, a VanEck company. This feature ensures that the Index stays in sync with market developments, providing users with a diversified, long-term crypto portfolio with zero maintenance.
Investing in the Bitpanda Crypto Index is not just about diversification, but also about reducing exposure to market volatility in the highly volatile nature of crypto markets. Users can invest in one or more of the three Bitpanda Crypto Indices (top 5, top 10, top 25 cryptocurrencies) through their verified Bitpanda account.
For those who hold Bitpanda's native token, BEST, there are additional benefits. BEST holders are eligible for BEST Rewards during the monthly rebalancing event for each Index, with potential extra bonuses based on BEST holdings and weekly trading volume.
Investing in the Bitpanda Crypto Index also opens up the opportunity to grow crypto holdings through Bitpanda Savings. Users can set up one or more savings plans for any Bitpanda Crypto Index product, with the flexibility to adjust the amount and intervals of their choice.
All Bitpanda Crypto Index assets are safely stored by and purchased directly from Bitpanda. Users can buy, sell, or swap any Bitpanda Crypto Index product through the Bitpanda iOS and Android apps.
For thorough analysis before investment, the Bitpanda Crypto Indices' prospectus is available in English and German. It's important to note that while this article provides information about the Bitpanda Crypto Index, it should not be considered as financial advice.
While the world premiere of the first true crypto index was developed and offered by the U.S. Securities and Exchange Commission-approved Grayscale with their Digital Large-Cap Fund (GDLC), the Bitpanda Crypto Index stands as a significant step forward in democratising access to the crypto market. With its user-friendly approach, the Bitpanda Crypto Index is set to revolutionise crypto investing, making it more accessible and less daunting for a wider audience.
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