Binance Announces New Cryptocurrency Investment Vehicle

The world’s largest cryptocurrency exchange Binanceannounced a new line of tools that will make the job of all investors easier. The tool series called “Binance CoinMarketCap (CMC) Index”, as the name suggests, offers some options for users. will present indices. Investors will also decide on new investments using these indices.

The first tool in the index series announced by Binance, “Binance CMC Top 10 Equal-Weighted IndexIt’s called “. Users can use this new tool. Top 10 most popular cryptocurrencies in the world momentary aspect they will be able to reach. As of the coming months, not only according to volume and prices, but also more under different categories We will encounter indices.

It will work integrated with Binance’s Auto-Invest feature

Binance is for investors looking to generate passive income with minimal risk in 2021.Auto-Invest“. This feature allowed users to buy cryptocurrencies regularly and automatically. Indices that started to be available as of today, November 2022 As of today, it will work in integration with Auto-Invest. If the investor wishes, he will be able to invest automatically according to the result in the indices.

In the official statement made by Binance, of the year 2023 It is stated that it will be a year when it hosts big events for these index instruments. However, no details are given on this issue. in the coming monthsWe think we will learn more about the new era on Binance…

Binance CMC Top 10 Equal-Weighted Index here available via the link.