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Bitcoin has not just been the front runner, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, it’s become the actual standard for cryptocurrencies, inspiring an ever-growing ground force of followers and spin-offs.
Before we take a closer look at some of these alternatives to bitcoin, let’s step back and briefly examine what i mean by terms like cryptocurrency. A cryptocurrency, broadly defined, is virtual or digital money which takes the form of tokens or “coins.” While some cryptocurrencies have ventured into the physical world with credit cards or other projects, the large majority remain entirely intangible.
The “crypto” in cryptocurrencies refers to complicated cryptography which allows for a particular digital token to be generated, stored, and transacted securely and, typically, anonymously. Alongside this important “crypto” feature of these currencies is a common commitment to decentralization; cryptocurrencies are typically developed as code by teams who build in mechanisms for issuance (often, although not always, through a process called “mining”) and other controls.
What if i tell you there is a way to safely and effectively own and store the 10 most important Cryptocurrencies and makes it unnecessary to manage a separate wallet for each of the top 10 Crypto's.
INTRODUCING DCX10 TOKEN
Your investment into the DCX10 Index provides you with a Token – this gives you the option to take control of your DCX10 Tokens and trade them for various other Cryptocurrencies or cash on exchanges. Your DCX10 Token runs on the Ethereum Blockchain as an ERC20 token and incorporates a smart contract which entitles you to the various coins that make up the DCX10 Index.WHY DCX10?
More than just BitcoinIn every bull market, the top 10 Cryptocurrencies as a group have outperformed Bitcoin. As much as Bitcoin has always been the Crypto with the greatest network and market cap, its dominance has dropped to around 60%, while many other coins and tokens have grown significantly and developed substantial communities.
Own the market instead of trying to pick the winners. DCX10 is our first Index and holds the top 10 crypto currencies weighted by market cap, rebalanced monthly. Assets are purchased from multiple liquidity providers, held securely in 100% cold storage, and audited annually.
WHY 10 IS BETTER THAN 1?
DCX10 is our first Index and holds the top 10 crypto currencies weighted by market cap, rebalanced monthly. Assets are purchased from multiple liquidity providers, held securely in 100% cold storage, and audited annually.SPREAD YOUR RISK
We physically purchase the relevant Digital Currencies that make up the top 10 index. Hence, you indirectly own the underlying coins as a result.SECURE & SAFE
With the DCX10, you simply leave your tokens on the DCX platform, or you keep them safe in a single wallet. DCX Capital conducts its business with the utmost of care and diligence. We have set the bar at such a level that complies with best practices internationally. As a company we have voluntarily submitted ourselves to the scrutiny of a Financial Regulatory Authority and will in due time register under the relevant regulation as and when it is published. DCX employs best in class security measures and other best practices in terms of off-exchange safekeeping of funds.TRANSPARENT
DCX sets a new standard of Crypto Index investing by introducing a user friendly, transparent way to verify the amount of Crypto coins under management.Safe