This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

1

General Discussion / Coino Index - Cryptocurrencies Industiral Index - Now on Poloniex!

« on: June 05, 2015, 11:18:45 pm »

BTS is a proud member of top20 cryptocurrencies Index Coinoindex.com, which can be traded at Poloniex exchange now.

Top20 altcoin index: coinoindex.com, The index includes the top 20 alternative cryptocurrencies with the largest market capitalization and tracks the value of the portfolio (in BTC), in which each coin has a 5% share. The index was created to be an analogue of Dow-Jones or S&P indexes for the altcoins arena.

Rules of index composition:
- Coin should be traded on at least three exchanges, with cumulative daily volume above $1,000 for the last 14 days
- Coins that track a value of a certain asset (USD, CNY etc) cannot be included.
- Each coin included in the portfolio is given the same weight.

You can invest in the index by using the NXT Asset Exchange, NXT Asset ID 13634675574519917918 (http://nxtreporting.com/?as=13634675574519917918). The asset tracks the index value, and constant buy/sell liquidity is maintained. You can invest using NXT cryptocurrency (you can exchange BTC to NXT directly in the NXT client from http://multigateway.org/ or at http://coinomat.com) or BTC at https://trade.secureae.com/