It’s important for a long-term vision to have shorter term achievable milestones. Without these milestones, those visions often remain a figment of our imagination. Our long-term vision has always been to democratise finance, make traditionally illiquid and expensive assets available to everyone. Big plans, but where do we start? We start with the area where we are strongest, building trading platforms.
In the short term our product will help offer new assets and trading pairs to customers that they would have otherwise have had trouble accessing. For example- Buying Bitcoin for individuals can be as simple as visiting an ATM machine or swiping a credit card. Compare that to buying a share of equities on the US, European or Asian stock market. Depending on your location, it can be very straightforward to extremely cumbersome.Enter XP Invest.
Some of the immediate problems that we’re trying to solve with this product are
- Providing people in jurisdictions with limited investment options, access to a wider range of investable assets.
- Leveraging a low barrier investment tool like Bitcoin to invest in and trade a wider range of asset pairs.
- Creating a more level playing field by providing individuals across jurisdictions with the same trading technology at the same price point.
With our goals in mind, the first new trading pair that we will be offering investors will be NDX/BTC (NASDAQ100/BITCOIN). As an investor, you can use your Bitcoin to long and short exposure on Nasdaq100, an index representing 100 largest non-financial companies on the Nasdaq exchange (pretty cool right?). This is just the first pair, the next pair that we’re going to be adding is S&P500. What comes after that? We’ll share more over the next few weeks ;)
Why exposure to equity?
Are we trying to move your money away from crypto? No, not at all. Our idea is to make Bitcoin and other cryptocurrencies ‘enablers’ rather than alternatives. Our platform will offer new pairs, create new investing opportunities and offer more chances for traders to generate alpha.
What are the benefits of our platform?
Crypto and stock markets, can both be unpredictable. With the recent ‘trade’ war saga unfolding, equity markets have been jittery. Conversely, BTC saw a huge price spike in the month of May. The direction of the two markets may or may not move in tandem, it’s not our job or place to tell you how the market will move or how you should invest. It’s our job to enable you to take advantage of the market movements regardless of the direction that it’s about to move in. With our unique trading pairs, profit is derived based on the relative difference of price changes between the different instruments.
Another great benefit is that we don’t charge you any trading fee, what you see is what you get. No hidden charges lurking behind the corner. If all this sounds interesting to you then I highly recommend you click THIS button.
Bonus: We’re offering 10 BTC of free virtual credits to our users, if you’re successful at making a profit we’ll credit a limited portion of those profits to your real wallet!