XT.COM Exchange Launched One of the Most Comprehensive Index Products

Thursday, 27. January 2022 12:22

Victoria Mahe, Seychelles--(Newsfile Corp. - January 27, 2022) - To meet the growing interests in the Crypto market and the rising demand for related hedging tools, XT.com exchange recently launched a series of index products which can be considered as the most comprehensive in the field. All users who are interested in ETF trading are welcome to experience it.

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Index Product Overview

With the development of financial innovation and investment globalization, and with the emergence of stock index futures and options, is now more and more possible to be able to invest in indices. Empirical studies have shown that indices and derivative products can reduce the market trade cost and improve liquidity of the constituent stocks. So definitively index products play an important role in financial market.

Traditional mutual funds have offered many advantages over building a portfolio. Mutual funds provide investors broad diversification, professional management, relative low cost, and daily liquidity. ETFs take the benefits of mutual fund investing to the next level.

What is XT ETF Index Product?

At present, among the mainstream exchanges, only FTX has such kind of products. In order to meet the needs of our platform users and comply with market development, XT will become the crypto-trading platform with the most comprehensive and innovative set of index products in the blockchain field, right after FTX.

XT index product supports customers real-time index buys and sells, thus selects cryptocurrencies of good liquidity as underlying assets. The weightings of the underlying assets in the index product are based on the proportion of their daily average trading volume in the last 30 days. As such, it can reflect the overall performance of the underlying asset class. Currently XT.com includes multiple major cryptocurrency indices that include L2's, Defi, NFts, etc. and following up there will be the top10, Top30, Top50, Top100 indices as well, as to help investors more effectively track the market and realize the benefits. Stay tuned.

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XT Products

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Strengths of XT Index Product

1. Representativeness
To ensure XT.com Index Product represents the crypto asset class comprehensively, XT.com takes the underlying assets' market cap, trading volume, liquidity, fluctuation, stability, risks and market assessment into consideration to select the most representative cryptos as the samples for index Products.

2. Investable
To ensure XT.com Index are investable, XT.com will verify the weighting of the samples in the index in every regulated period. It will remove or adjust the sample's weighting based on its market capitalization (The impact of removing samples of small market value on the index price is negligible.)

3. Comprehensive
XT's index product will be the most complete index token on the Crypto network, including at the moment: Cex Index, Dex Index, Cbit Index, Grayscale Index, Web3 Index, L2 Index, A16z Index, Memes Index,Gamefi Index, Meta Index, Defi Index and Nft Index. Users can easily enjoy the benefits of the sector in the market where sectors rotate.

XT.com Index Product belongs to an open-ended fund. It rises/falls based on the underlying asset portfolios. Users can earn average profit of the asset class by buying/selling Index Product shares just as simple as spot trading.

5.Social and Inclusive
XT.com the first infused exchange that allows to trade directly from messenger accounts like Btok, now goes a step forward to offer inclusive crypto ETFs.

About XT.COM

XT.COM Exchange established in 2018, in Seychelles, with its operational headquarters in Singapore, is the world's first social infused digital asset trading platform. The platform has rich trading varieties such as coin transactions, leveraged transactions, OTC transactions, and credit card buying coins.

It has operating centers in many countries and regions such as Tokyo, Singapore, Seoul and South Korea. Its business scope covers the world.

Currently, XT.COM ranks TOP 40 on CoinMarketCap and has introduced more than 300 digital assets, including mainstream coins, popular DeFi, NFT, Metaverse, all of which can be visited on XT.COM.

Media Contact:

Company: XT.com

Address: Oltajl Trade Centre - T* Floor, Victoria Mahe, Seychelles

Email: marketing@xt.com

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