Know your Holdings: The EC10 Bundle

There are thousands of tokens and coins, with more constantly being developed. As these cryptocurrencies gain traction and public interest, this may increase their market capitalization. The global crypto market cap was valued at $1.16 trillion as of writing, and the top 10 market cap was over $900 billion.

The EC10 Bundle utilizes a passive investment strategy, tracking the top 10 largest cryptocurrencies by market cap. This approach ensures that your investment remains balanced and diversified, giving you exposure to the most significant players in the market without the hassle of actively managing your portfolio.

One of the key features of the EC10 Bundle is its commitment to security. Assets are predominantly held in cold storage — a secure, offline method of storing cryptocurrencies — with a regulated, insured custodian. This setup safeguards your investments against potential hacks and theft. Furthermore, the EC10 Bundle undergoes annual audits, providing an added layer of trust and transparency. To ensure that the EC10 Bundle remains up-to-date with market trends, it is rebalanced, and the constituents are revised when needed, weekly. Here's what's in the EC10 bundle as of May 11, 2023

Disclaimer: The holdings may not be limited to the logos on the image and may change. The use of logos are for educational purposes only.

Background and purpose 

Bitcoin was the first cryptocurrency created, and it became the most valued and well-known coin. Various other cryptocurrencies later followed this. Cryptocurrency and digital coins have gained increasing popularity in the past few years. Many have entered the mainstream as a medium of transaction, the way fiat currencies are currently used.

As of writing, Bitcoin was still leading in the first place by market capitalisation in the top 10 crypto assets. It is followed by : 

• Ethereum - decentralized computing platform that enables smart contracts and decentralized applications.
• Binance Coin - token used on the Binance exchange.
• XRP - digital asset designed for use in cross-border payments.
• Cardano - a blockchain platform that aims to provide more secure and scalable smart contracts. 
• Dogecoin - cryptocurrency known for its meme-inspired logo featuring a Shiba Inu dog, often characterized as a light-hearted and community-driven digital asset.
• Solana - a high-speed blockchain that enables decentralized applications.
• Polygon - a technology that helps make Ethereum faster, cheaper, and easier to use for building and using decentralized applications.
• Litecoin - a cryptocurrency created as a faster and cheaper alternative to Bitcoin.
• Polkadot - blockchain protocol that enables cross-chain interoperability between different networks.

While there may be some regulatory hurdles that are affecting the expansion of crypto use and trade, several countries have adopted crypto as an investment. When there are geopolitical tensions and market events like the global dependence shift and the sanction play, crypto assets could be presented as an alternative way to transact.

Some of the reasons behind the creation of crypto include creating more transparency. Blockchains are decentralized and distributed ledgers that record and verify transactions across a network of computers.

Unlike the traditional financial system where money is either introduced or removed from an economy by its central bank, crypto allows public participation of the crypto community, to either introduce or remove coins from the market, and verifying transactions. The introduction or removal of coins can be done through burning and mining coins, and the community can see this through blockchain explorers like Bitcoin Block Explore

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.