Crypto.com Launches Crypto Invest to Democratize Quant Trading
The only product designed to perform in any market
<HONG KONG, October 11, 2018> Crypto.com is pleased to announce that Crypto Invest is now live for eligible customers. The easy-to-use cryptocurrency portfolio & trading tool is designed to create a customised portfolio within minutes and then, trade automatically based on market signals.
Crypto Invest is not simply a basket of cryptocurrencies, but rather a set of trading strategies designed to perform in any market — the first product of its kind globally. It’s ideal for first time entrants, as users can start building their portfolio from as little as $20 USD.
Kris Marszalek, Co-Founder and CEO of Crypto.com said: “We’ve worked on Crypto Invest for over a year, including three months in a closed beta. During that time, a plethora of crypto investment products launched in the marketplace, all of them designed as currency baskets or crypto indexes. These efforts are destined to fail in a bear market.
It’s not a secret that all crypto assets are highly correlated to the price of Bitcoin and simple diversification strategies have proven ineffective as a tool to minimize risk in current market conditions.
Crypto Invest is fundamentally different and disruptive in many ways: First, Crypto.com users can now get access to advanced quant trading strategies, designed to perform in any market, with as little as $20 USD. Second, there are no entry, exit, asset under management, rebalancing or any other fees you would expect from legacy players. Users pay a success fee based on performance and performance alone. Third, users can observe how their own coins trading performs in close to real time using the Crypto.com Wallet & Card App.
It’s a powerful tool designed with such simplicity, that it delivers on the promise of democratizing quant trading.”
Following a beta test with members of its community, Crypto Invest is now available to eligible users of Crypto.com’s Wallet & Card App (see notes below). Crypto Invest offers the following functionalities:
Cryptocurrency Portfolios: Gain access to up to 30 cryptocurrencies by choosing one of three portfolios tailored to personal preferences:
- Growth: higher growth, higher risk
- Balanced: moderate growth, moderate risk
- Conservative: reduced growth, minimal risk
Trading Strategies: Strategies are not designed to trade on very short term due to market liquidity and capacity. They are designed to capture mid-long term market movement (days to weeks). Three types of strategies are being used to manage portfolios:
- Automated Trading: Full spectrum of strategies which watch market sentiment and capture market movement.
- Market Following: Equally invested in different digital assets which can represent the market, including Top Capital Digital Assets (e.g. BTC, ETH, LTC) but not limited to them.
- Stable: Positions in stable coins for risk management/adjustment.
Easy to Start: Start buying cryptocurrency with an initial contribution of as low as $20 USD.
Painless to Leave: Exit anytime without penalty.
Fair Fees: No management, entry, or exit fees. Instead, Crypto.com earns its fees if the value of your portfolio has grown greater than its initial value.
MCO Utility: Allows customers to receive a 50 percent discount on all Crypto Invest fees if they stake MCO Tokens. Each portfolio may hold a portion of MCO Token.
Notes:
- Due to regulatory requirements, Crypto Invest is not currently available in the United States of America, Hong Kong, Singapore, and Switzerland.
- This announcement does not constitute the provision of investment advice and is not an offer to sell or a solicitation of an offer to purchase interests in any investment fund or product, please seek qualified investment advice as needed.
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About Crypto.com
Crypto.com, the pioneering payments and cryptocurrency platform, seeks to accelerate the world’s transition to cryptocurrency. Crypto.com is headquartered in Hong Kong. For more information, please visit: www.crypto.com
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