What are Crypto Indices on StormGain? How can I start investing in the market? Table of Contents
StormGain introduces Crypto Indices trading
StormGain is pleased to announce that, from September 17, 2020, the broker will be offering a new type of trading tool: crypto-indices trading.
Just like regular stock indices, such as SP500 or Dow Jones, an index is a group of different assets designed to offer a safer investment by looking at the performance of a group of cryptocurrencies rather than a single currency.
Trade Crypto Indices on StormGain
Don’t put all your eggs in one basket
Just as the old saying goes, betting on just one horse is risky.
The main benefit of an index is risk management.
Even if a cryptocurrency in the index increases or decreases its value, the index will reflect the market performance of all the assets involved.
This means that any unexpected radical change in an asset will not affect the overall value of the index too much.
Investing in an index is a protection against the possibility of sudden crashes.
It is a common belief in the trading world that a diversified asset portfolio is a key to long-term success.
Nobody wants to lose everything by relying too much on a single asset.
Over the years, a set of assets will perform better overall, growing as a group even if some assets increase or decrease in value in the short term.
Open StormGain’s Account to trade Crypto Indices
Save time and money with Crypto Indices trading
Building a crypto-portfolio of individual assets can be a daunting task.
The trader must research every single cryptocurrency, from past performance to future predictions, and then decide how much to invest in each asset.
Using an index, especially one as carefully curated as the indices offered by StormGain, saves time and money.
Go to StormGain’s Official Website
Types of Crypto Indices on StormGain
StormGain offers three different indices.
Each is a carefully curated basket of major cryptocurrencies designed to make you earn and meet the needs of different traders and investors.
Each crypto index on StormGain offers a diversified portfolio that protects against risk and saves you time and money, all in just one click! Index values are calculated in real-time.
The following indices were first published on 10 July.
- Crypto Index 3.0 (symbol: CryptoIndex3, base value 300)
- Combines equal shares of the 3 digital blockchains with the largest capitalization: Bitcoin, Ethereum, and Ripple. The total value of these 3 cryptocurrencies represents 80% of the entire cryptocurrency market. Crypto Index 3 is ideal for novice traders who want to start with the safest and most established digital assets.
- Crypto Index 5.0 (symbol: CryptoIndex5, base value 500)
- Is based on the 5 digital blockchains with the largest capitalization: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash, with a total value of 83% of the entire cryptocurrency market. Each digital token represents 20% of the index and is perfect for traders looking to include the most popular altcoins.
- Crypto Index 10.0 (symbol: CryptoIndex10, base value 1000)
- Is made up of the top 10 digital tokens by market capitalization, covering 90% of the entire cryptocurrency market. The index is based on the following currencies: Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Dash, Eos, Cardano, Monero, and Bitcoin SV. Each currency is weighted in proportion to its volatility: the higher the volatility, the greater the weight of the currency in the index. This approach to index structuring makes it ideal for experienced users who wish to engage in active and aggressive trading.
StormGain – More profits and Less risk
Available as a web platform or mobile app, StormGain allows you to trade 24/7 on major cryptocurrencies with a multiplier of up to 200x and 100% liquidity.
The fees are among the lowest available, so you can trade aggressively and keep your profits.
In addition to the best rates for trading, exchanging, and buying cryptocurrencies, StormGain offers the best rewards in the industry for active traders through StormGain’s loyalty program, including significant discounts on commissions, deposit bonuses, and up to 20% of APR interest on cryptocurrencies owned.
Prepare for the cryptocurrency era by becoming an expert with StormGain’s in-app training program and market trading signals.
StormGain’s new crypto-indices make it even easier to start trading cryptocurrencies.
Registering on StormGain is easy and takes only 5 seconds. Register now and try StormGain completely risk-free with StormGain’s demo account.
Invest in Crypto Indices on StormGain
Please click "Introduction of StormGain", if you want to know the details and the company information of StormGain.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...