Investment options have been around seemingly since the dawn of man. However, many traditional forms of investments available today just do not carry the luster that they once did. There are limited options available on many platforms, and the possible returns are just not glamorous enough. This is where Coinbase Index Fund is about to shatter the status quo. This is finally an investment platform for the modern generation, and the possibilities are endless.
KEEP ALL OF YOUR DIGITAL ASSETS IN ONE BASKET
With Coinbase, you will finally be able to keep all of your digital assets within the same easy to use platform. With all of the assets on this site being listed on the GDAX, they will be weighted by existing market capitalization. This means that investors will always be in the game, and that they can rest assured that their money is performing as strongly as it possibly can.
A PLATFORM THAT MAKES IT EASY TO INVEST
With cryptocurrency gaining in popularity and strength, Coinbase has finally created a site that makes it easy for the average investor to park their money. There are five possible currencies that can be used to invest. These include: USD, BTC, ETH, BCH, and LTC. With a minimum investment size of $10,000 the platform is open to large and small investors alike. This will be another draw as we move into the future of investing.
STOP PAYING FOR PERFORMANCE
Whereas many investment platforms today seem to want to penalize you for having a portfolio that exceeds expectations, Coinbase does no such thing. Investors are not charged a performance fee. In exchange, investors agree to pay a nominal two percent management fee each year. Even this is far below industry standards, so it is another area that is going to set Coinbase apart from others in its genre.
Coinbase currently allocates nearly 65 percent of its portfolio to Bitcoin. If this doesn’t demonstrate that it is creating a platform for the modern investor, we don’t know what does. They also have stakes in Ethereum, Bitcoin Cash, and Litecoin. Individuals are invited to invest monthly, and redemptions can be claimed on a quarterly basis with thirty days notice being given. To qualify, one needs to be an accredited investor and a resident of the United States.