BitPanda, the large online cryptocurrency exchange platform, is launching what they say is the first “real” crypto index, which will be available on the BitPanda platform. BitPanda’s cryptocurrency index is very easy for its users to use and is completely automated to make exposure to the cryptocurrency market as easy as possible.
Users will be able to diversify between the top 5, the top 10, and the top 25 cryptocurrency tokens by market cap and available liquidity. The portfolio will be continuously rebalanced every month in order to give users maximum opportunity in the space.
With the launch of the BitPanda Cryptocurrency Index, BitPanda has made investing in the cryptocurrency space easier than its ever been. By investing in a cryptocurrency index, you do not need to continuously keep up with the market and with trading, as you will have diversified exposure depending on your risk portfolio. You are also able to earn BitPanda’s native currency, BEST, for every cryptocurrency index trade you make. BitPanda’s 5 cryptocurrency index will include: Bitcoin, Ethereum, XRP, Bitcoin Cash, and Polkadot.