Recently, EasyCoins crypto exchange launched three perpetual contracts based on CBI indices: CBICIC50, CBIDFI10, and CBIMVI5, which are open for trading on the same day. Launching indices' perpetual contracts further satisfy investors' needs for hedging and diversification of crypto investment. Notably, EasyCoins crypto exchange is the first in the world to provide index perpetual contracts that directly track the overall crypto market.
The CBICIC50 index perpetual contract exceeded 10 million trading volume on the first trading day. Launching the CBICIC50 index perpetual contract provides investors with an alternative way to invest in the crypto market. In addition, the broad diversification of the index allows investors to gain potential exposure to the crypto market and serves as a new tool to hedge their portfolios.
EasyCoins crypto exchange comprises the world's top blockchain engineers and crypto traders. As the world's leading innovative trading platform, it has been firmly grasping the crypto market trends since its establishment and constantly introducing investment products that meet users' needs with the spirit of innovation. Launching the index perpetual contracts also marks a new milestone in the development of EasyCoins crypto exchange and its influence as a first-tier exchange.
The crypto market is currently highly fragile and volatile, and the uncertainty has brought significant losses to many investors involved in crypto trading. Meanwhile, along with the growth of the crypto market scale, investors' demand for risk management has also increased. Crypto industry index products are essential risk management and investment tools for the capital market and are also an important part of it. Launching index products and index financial derivatives provide a new option for investors to participate in the crypto market, hedge their portfolios and seize the dividends of the crypto industry.
"Our CBICIC50 index perpetual contracts will provide clients with liquid and capital efficient instruments to hedge the cryptocurrency market," said Harsh Shethia, Head of Marketing at EasyCoins. The unique index contract also provides investors with institutional-level exposure to the future of financial services. The game-changing product of index contracts will also impact the entire crypto market, with its low barrier to entry, stable liquidity, ability to help investors systematically manage investment risk, and tremendous appeal to the crypto market. Along with the popularity of the related index products concept, index products will also occupy an important position in the crypto industry.
In the future, EasyCoins will also launch more index products in line with the laws of the crypto market according to users' needs to help investors better grasp investment opportunities.
"The CBICIC50 Index aims to capture the 50 largest and most representative crypto assets and to provide a balanced portfolio. We are excited to see more and more crypto industry investors, as well as professional institutions, begin to use index tools to manage their risk and find industry exposures," said Dr. Wesley Miller of the CBI (CypherBabel Index) Index Institute. In comparison, investors in the non-crypto financial markets have become accustomed to using industry indices, such as the S&P 500, to assess market dynamics and guide investment decisions. But in the crypto industry, the indices and index derivatives adoption are in their early stage, and CBI is one of the leading organizations aiming to accelerate the process. Launching the index derivatives based on the CBI indices signifies the entry of the CBI indices into the crypto trading market. The direct participation of index derivatives in the trading process provides investors with the tools they need to invest directly in various investment categories in the crypto industry.
Along with its improvement, the CBI index will become an indicator of investment opportunities in the whole crypto industry, bringing more investment opportunities and investment composition, providing fairer investment opportunities for investors, and helping investors to make industry strategies. Meanwhile, with the participation of more funds and professional investors, the CBI Index could lead the index market in the crypto world.
EasyCoins is a trusted one-stop cryptocurrency platform that offers the most diverse and advanced investment products. With its seasoned industry veterans and crypto-native executives with over 5 years of industry experience, EasyCoins offers the best cryptocurrency exchange experiences in the industry. The platform can process millions of transactions per second, and its world-class security system provides the most secure trading environment for its users. Currently, the average daily trading volume of EasyCoins is 3.5Billion USD.
CBI is CypherBabel's "Genesis Block". In addition to a range of index products, CBI offers a DApp for users to build their own crypto asset indexes. CBI values the spirit of blockchain and Web 3.0 by providing tools to give the power of creating financial products back to every participant in Web 3.0. Furthermore, CBI encapsulates a sophisticated index calculation methodology that allows users to determine the index's constituents based only on their knowledge of the market and continuously track the created index.
Official website: https://www.easycoins.com
Indexes Info : https://www.easycoins.com/en/helpCenter/detail/5827567773839
Official website: https://www.cypherbabel.com
Release ID: 89085036