- What is a Crypto Fund?
A Crypto Fund is a collection (basket) of multiple cryptocurrencies, providing instant diversification. Have you heard of the expression “Don’t put all of your eggs in one basket”? This is basically one of the most known investment techniques, which aims to maximize the potential profit and minimizes risks concerning cryptocurrency investing.
It can be difficult to choose which cryptocurrency to buy since there are thousands available on the market. ICONOMI Crypto Funds help people solve the problem of not having enough knowledge and time to invest in cryptocurrencies.
Crypto Funds are managed by experienced investors – ICONOMI Crypto Funds Experts. You can invest in ICONOMI experts’ Crypto Funds with just a few clicks. You can see the list of Crypto Funds available for purchase here.
You can also create and manage your own Crypto Fund. Please find the information on how to create a Crypto Fund here.
While ICONOMI is taking care of the complexity behind the technology, users can invest in or create their own Crypto Funds in just minutes.
ICONOMI platform provides a simple and elegant user interface while relieving the users of the complexities that deal with multiple exchange accounts, setting up complex orders, transferring cryptocurrencies from one exchange to another, trading, storage, pricing, etc., thereby providing a superb user experience. Everything is done on ICONOMI platform, with you owning only one account.
On one hand, Crypto Funds are a great entry point for beginners, for those who would like to invest their money into cryptocurrencies, but are not sure where to begin. That is where Crypto Funds managed by ICONOMI Experts come in handy. ICONOMI Experts choose the cryptocurrencies and manage the funds depending on market conditions, while investors can sit back and track their investments anytime and anywhere.
On the other hand, we are also thinking about Crypto-savvy investors. For them to be able to create and manage their own Crypto Funds is a cherry on top of their investment journey. With ICONOMI Crypto Funds, they don’t need several exchange accounts anymore, they can manage 70+ cryptocurrencies through a single account at ICONOMI, and invite others to invest.
- Why invest in a Crypto Fund?
- Saves you time (Experts do the hard work)
- It’s less risky (diversification is key – your investments are diversified)
- One click diversification: when investing in Crypto Funds, you invest in multiple cryptocurrencies with a single click. (70+ cryptos in one place)
- Who are the ICONOMI Crypto Fund Experts?
Our experts come from a diverse variety of backgrounds in both traditional finance and the crypto-economic world. We offer over 35 different Crypto Funds you can invest in, with strategies ranging from the conservative to the more performance-oriented ones.
- How does it work?
When you invest into a Crypto Fund your investment gets diversified across all cryptocurrencies that are in the structure of the Crypto Fund at that moment.
Let’s take a look at an example, to make it easier for you:
Let's say you invest 100 units (100 BTC, 100 EUR, 100 USD, etc.) into a Crypto Fund with a structure (index weights) of:
- Bitcoin (BTC) 30%,
- Ether (ETH) 27%,
- EOS (EOS) 19%,
- Litecoin (LTC) 15%,
- Monero (XMR) 9%
With just one-click, your investment (100 units) is diversified into the exact same percentages of cryptocurrencies that are in the structure of the Crypto Fund (30 units go to BTC, 27 to ETH, 19 to EOS, etc.).
- Am I the owner of my investments/assets at all times?
Yes. The Crypto Fund Expert does not have access to your assets.
Your assets are safely put into ICONOMI’s cold storage. The only owner of the assets is you.
- Can I create my own Crypto Fund?
Yes. Please find the information on how to create a Crypto Fund here.
And please consider finding additional information on our blog posts "ICONOMI introduces Crypto Funds for everyone", “Crypto Funds managed by ICONOMI Experts” and in the article "The main perks of having your own Crypto Fund".