The cryptocurrency market, driven by Bitcoin has been one of the best-performing assets during the last year, and it is all set to continue the trend through this year as well. The market conditions have attracted the attention of crypto, mainstream and small ticket investors alike, who are flocking the exchanges and trading platforms to lay their hands on some Bitcoin and other altcoins.
Gauging the interest of the investor community, Hedge Project has conceptualized a platform that makes trading easy as well as profitable in the cryptocurrency market. Hedge is designed to offer trade indices, cryptocurrency baskets and single derivatives to the investor community so that they can hedge their exposure to the cryptocurrency market known for its volatility.
The introduction of a reputed crypto-indices is expected to encourage institutional investors further to enter the sector and benefit from the robust market while leveraging on various investment options. The Hedge Project has already developed the indices – CCX30 (Crypto Currencies Top 30 Index), which is set to be listed on Reuters.
Through its initiative, the platform will be solving three important issues that are plaguing the current cryptocurrency market. Starting with the introduction of standards, the platform will provide a real-time platform with a constant stream of market data for investment decisions. It will be further supported by alternative investment options that could off-set the volatility risk otherwise associated with the cryptocurrencies.
The introduction of CTI also helps investors diversify their investments across the market while keeping the costs to a minimum – something which wasn’t easy to come by until recently. With a single point of access to different instruments and markets, people don’t have to worry about multiple accounts and platforms.
Hedge, staying true to its name brings in systematic hedging facility for crypto as well as mainstream investors through the inclusion of derivatives in a market which so far hasn’t been efficiently implemented. Under this new setting, investors will be able to short certain CTIs and balance the risks in multiple ways without compromising on the holdings.
Hedge Project is being handled by the right hands. It is the brainchild of a group of specialists with years of experience in investment, finance and fintech industries. The Hedge CCX30 was launched on September 24, 2017, in the midst of the ongoing crowdsale campaign. The token sale will continue till mid-October, offering an opportunity for the participants to become part of the initiative.