Vienna-based cryptocurrency startup unveiled a new investment product. If you are interested in have a diversified crypto portfolio, now they offer the right product.
Bitpanda unveiled the Bitpanda Crypto Index. It's the world’s first real crypto index and offers an easy, automated way to invest in the whole crypto market. Bitpanda customers can choose between the top 5, top 10 and top 25 cryptocurrencies by market size and liquidity. Customers' portfolio gets rebalanced according to data provided by Bitpanda's partner MVIS every month and It's the hands-off approach to crypto investing.
Instead of getting lost in a jungle of different assets, users can invest in the top 5, top 10 or top 25 cryptocurrencies and have the peace of mind of not missing out on anything. It's a good product because first, you are able to diversified your investments and reduced the risk. And also it's easy to manage. If you are not a trader and looking for more long-term profits from your cryptocurrency investments, following Bitpanda's Crypto Index can be a good option.
Bitpanda was founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. Bitpanda has 1.2 million users and almost 200 team members. With a PSD2 payment service provider licence, state-of-the-art security and streamlined user experience, Bitpanda has grown into a popular trading platform for newbies and experts alike. Users can currently trade Bitcoin, Ethereum, gold and over 30 other digital assets.
By the way, they have announced last week that secured $52 million in a round led by Valar Ventures and other fintech investors such as Speedinvest.
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