Crypto.com takes pointers from ETFs with new ‘basket’ product
Crypto.com has released a new feature on its app that allows users to purchase multiple ‘coins’ in a single trade, touted as cryptocurrency’s answer to exchange traded funds (ETFs).
These ‘Crypto Baskets’ offer investors the opportunity to diversify their cryptocurrency portfolio by accessing several thematic coins at once.
Crypto.com has curated 12 baskets that are currently available either in Australia or globally, with more to be released in the coming months according to the platform. The baskets include:
- BTC-ETH Duo: Two largest coins by market cap, BTC and ETH
- Trio: Comprising BTC, ETH, and CRO
- Big 3: Three largest…
