As you may have noticed, we have been paying a lot of attention to the cryptocurrency market lately. Today is the high point, as we are launching the world’s first investment fund based on an altcoin index!
XAI.Fund gives a unique opportunity to invest into the fast-growing cryptocurrency market right from your brokerage account — that’s easy, legal and secure! The fund is backed by the cryptocurrencies included into the index. As with investing in any other fund, the acquired assets are stored on the client’s account — in contrast to the direct investment in cryptocurrencies, when altcoins remain on the poorly protected electronic wallets. Besides, with XAI.Fund corporate clients now have a capability to legally invest into cryptocurrencies without experiencing problems with accounting or taxation.
The fund is based on the XNT Altcoin Index (XAI). We calculate it as a market cap weighted average sum of the included cryptocurrencies in US dollars. XAI reflects the dynamics of Ethereum, Ethereum Classic, Ripple, Monero, Litecoin, and Zcash. It is not by chance that we have opted for these cryptocurrencies: to date, they make up over 30% of entire cryptocurrencies market given that 45% are occupied by the Bitcoin. The cryptocurrencies have consistently been getting stronger. Only since the beginning of 2017, the index has grown 40 times.
We intentionally did not include Bitcoin in the index: thus, our market cap weighted index became even more promising. Watch the dynamics of XAI index in our trading platform!
Now fund share trading is available through a personal manager, but in the near future we will bring this trading option to the trading platform, too. The commission rate is standard — 0.5% of the transaction amount, no minimum. The minimum lot is 1/1000 of the index in US dollars.
Cryptocurrency market is growing fast, don’t miss the chance to earn on it! With XAI.Fund you find the convenience, security, and service the regular cryptocurrency market is lacking so much.
In order to invest in XAI.Fund today, please contact your personal manager or our support team at [email protected], and we will assist you through the process.