Binance Launches New Indices for Passive Crypto Investors
Main page News, Cryptocurrency Exchanges, Binance, Cryptocurrency
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Oct. 18, 2022

Crypto exchange Binance has just launched the CMC Top 10 Equal-Weighted Index.

As reported by the company, the product, which has been promoted as part of the Auto-Invest service, will be available next month for automatic tracking and management of diversified portfolios of digital assets.

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The CMC Top 10 Equal-Weighted Index is based on ten equal-weighted cryptocurrencies and is rebalanced on a monthly basis.

Auto-Invest is part of the Binance Earn category, a service that enables one-click automation of crypto purchases according to the dollar-cost averaging strategy.

The exchange plans to launch additional indices within the Binance CoinMarketCap lineup in the future.

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