EasyEquities Blog

Embark on an Altcoin Adventure

Written by TeamEasy | May 29, 2023 3:33:00 PM

Unveiling the EasyCrypto Altcoin Bundle for First-Time Crypto Investors 

Altcoins, short for "alternative coins," are cryptocurrencies that are not Bitcoin. While Bitcoin is the first and most well-known cryptocurrency, altcoins refer to all other digital currencies that came after Bitcoin. Altcoins can have various features, purposes, and underlying technologies that differentiate them from Bitcoin.

The EasyCrypto Altcoin (ECA20) Bundle is a meticulously curated investment solution that brings together the top 20 equally weighted cryptocurrencies, excluding Bitcoin. This unique offering provides first-time investors with an exciting opportunity to discover and invest in the rapidly expanding altcoin market.

Investing in altcoins allows you to participate in the early stages of promising projects. Some altcoins represent innovative ideas and emerging technologies that could disrupt various industries. By identifying and investing in promising altcoins early on, you may have the chance to benefit from their growth and development as they gain wider recognition and adoption.

The ECA20 Bundle emphasizes the safety and security of your investments. Assets are chiefly stored in cold storage—a cutting-edge and offline approach for safeguarding cryptocurrencies—with the oversight of a regulated, insured custodian. This strategic measure helps protect your investments from cyber threats and unauthorized access. To further bolster investor confidence, the ECA20 Bundle is subject to annual audits, ensuring adherence to industry best practices and fostering transparency.

The backbone of the ECA20 Bundle is a public index based on a formal methodology that integrates eligibility rules tailored to promote sound investment practices. These rules diligently assess and filter out potential risks associated with custody challenges, liquidity issues, regulatory obstacles, and other concerns that can impact the stability of your investments.

To keep your investments up-to-date with the dynamic nature of the crypto market, the ECA20 Bundle undergoes weekly rebalancing and reconstitution. This frequent adjustment ensures that your investments remain aligned with the top-performing altcoins while maintaining equal weightings for a well-balanced portfolio.

In harmony with its eligibility requirements, the ECA20 Bundle employs a passive equally-weighted approach to index rebalancing. This strategy reduces the need for active portfolio management, allowing you to experience and learn more about the ever-evolving altcoin market.

This bundle is currently only available in your EasyCrypto account. View which coins are inside this bundle, and check out our other crypto bundles here.

Activate your EasyCrypto account in a few easy steps:

  1. Log in to your EasyEquities account
  2. Click on your profile menu (top right) and select Account Management
  3. Select Activate New Accounts
  4. Select EasyCrypto

Or register a new account

If you don’t yet have an EasyEquities account, but you want access to EasyCrypto, you can also register an account there directly here.