Advantages of Trakx.io and Crypto TrackerssteemCreated with Sketch.

in #great6 years ago

Advantages of Trakx.io and Crypto Trackers :-

* Instant diversification: Basket Crypto Trackers allow investors to quickly gain portfolio exposure to specific cryptocurrencies and sectors (e.g. top 10 largest cryptocurrencies by market capitalization, top 10 largest social media Dapps). It also avoids users a constant rebalancing of their portfolio.

* Security: Trading cryptocurrencies might require accounts on multiple exchanges. Trading Crypto Trackers enable users to only have on Trakx.io account to gain exposure to a diversified portfolio. The vast majority of each of the cryptocurrencies composing the index will be stored offline in cold wallets.

* Low cost: Investing in Crypto Trackers will be cheaper than open-end mutual funds or even individually buying multiple cryptocurrencies. Being passively managed, their fees will be cheaper than other cryptocurrencies mutual funds.

* Passive management: Designed to track an index, Crypto Trackers limit actively buying and selling securities. While there are advantages to active strategies, passive strategies tend to outperform active strategies on an historical basis and can provide better returns based on cost savings alone.

* Single access point: Trakx.io aims to become the one-stop shop for Crypto Trackers, providing Crypto Trackers for all kind of strategies (Long, Leveraged, Inverse, Basket). We simplify user experience and avoid them the hassle of registering on several platforms with multiple KYCs.

* Trading flexibility: Crypto Trackers are traded 24/7 on our platform and hence can be bought or sold at anytime, with market makers ensuring liquidity and fair value pricing at their Net Asset Value. The pricing of Crypto Trackers is continuous during the day, and prices vary based on the underlying assets. Crypto Trackers investors know within moments how much they paid and how much they received after selling.

* Transparency: Crypto Trackers will track a third-party index, thus limiting potential conflicts of interest. Plus, our underlying reserves will be constantly checked by a Big 4 Audit firm and our holdings will be published periodically. Users will be able to check what investment their Crypto Tracker holds, their relative weighting in the structure and if the Crypto Tracker has changed its position in any particular investment.

 

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