WTS Coino Index - Cryptocurrencies Industrial Index

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Coinoindex

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DASH is a proud member of top20 cryptocurrencies Index Coinoindex.com, which can be traded at Poloniex exchange now.






Top20 altcoin index: coinoindex.com, The index includes the top 20 alternative cryptocurrencies with the largest market capitalization and tracks the value of the portfolio (in BTC), in which each coin has a 5% share. The index was created to be an analogue of Dow-Jones or S&P indexes for the altcoins arena.









Rules of index composition:
- Coin should be traded on at least three exchanges, with cumulative daily volume above $1,000 for the last 14 days
- Coins that track a value of a certain asset (USD, CNY etc) cannot be included.
- Each coin included in the portfolio is given the same weight.










You can invest in the index by using the NXT Asset Exchange, NXT Asset ID 13634675574519917918 (http://nxtreporting.com/?as=13634675574519917918). The asset tracks the index value, and constant buy/sell liquidity is maintained. You can invest using NXT cryptocurrency (you can exchange BTC to NXT directly in the NXT client from http://multigateway.org/ or at http://coinomat.com) or BTC at https://trade.secureae.com/
 
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Like your charting methods, looks a good way of measuring the quality of the top 20 coins, reminds me of the ftse 500.
Am wondering if you are not including coins that track a value, does this rule out 2 way pegged side chain coins then ?
 
Thank you for the question, my apologies for the delay in response. I have passed this along to the dev team for response.
 
Like your charting methods, looks a good way of measuring the quality of the top 20 coins, reminds me of the ftse 500.
Am wondering if you are not including coins that track a value, does this rule out 2 way pegged side chain coins then ?

Yes, pegged coins are excluded from the index. Also blockchain based assets such as Mastercoin or Supernet are not taken into account in this Index.
 
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