Crypto Start-up Venture Cycoin Unveils the World’s First Cryptocurrency-Backed Wealth Coin

Delivering an asset-backed coin and observably low-risk investment strategies, Cycoin provides investors safe exposure to cryptocurrency markets

(September 18, 2018) Cycoin has delivered the world’s first digital asset-backed coin which gives investors a low-risk income stream derived from cryptocurrency market investments. Cryptocurrency investing is time-consuming and risky for novice and experienced investors alike. Cycoin’s veteran team of industry professionals mitigate that risk by using their deep experience to deliver real income to Cycoin holders.

Currently in its pre-ICO stage, Cycoin will use its raised funds to purchase cryptocurrencies on exchanges that offer those assets on margin loan. After converting the entire fund into crypto assets during Cycoin’s first phase, those assets will be lent to traders on exchanges to accrue margin lending interest which ranges from .02%–5% per day, depending on the asset. This strategy allows Cycoin to immediately generate and distribute profits to Cycoin holders on a monthly basis.

During Cycoin’s second phase, the team will scale back margin lending and allocate fund resources to arbitrage opportunities. Arbitrage works by buying an asset at a lower price on one exchange and selling it at another exchange where it’s price is higher. The difference is taken as profit and distributed on a monthly basis to Cycoin holders.