Cryptocurrency

Circle Invest Starts New Feature For its crypto Investment App Called “Collections”

Goldman Sachs funded Circle Internet Financial Ltd has officially announced ‘Collection’ through Crypto Invest app as per the company-specific source published on 4th Oct. The company has as adopted an innovative approach that helps users an option to invest in numerous crypto assets under the theme “Platforms, Payments, and Privacy.” The entire new concept is designed such that it makes the task simpler for all those users that want to create their portfolio on a selective basis.

The company further elaborates more on the subject matter saying that each collection will be weighted through their respective proportion in market caps. With this, the education matter will also be provided in order to help users to use and select the specific choice of investments.

The users have a wide variety of options to invest across the entire gamut of cryptocurrencies namely Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Zcash (ZEC), Litecoin (LTC), Stellar (XLM), Monero (XMR), EOS (EOS). The others like BTC, BCH, XLM, and LTC will also be followed as part of the new ‘Payments’ collection.

With this, the numerous features that Circle Invest has acquired to offer like Buy the Market help, newcomers, to initiate and execute a trade in crypto markets. The company offers users various options to invest in the listed coins instantly however by separating their investment in as little as $1 as per the coins’ market capitalization weightings.

Just recently, the company officially announced a U.S. dollar led stablecoin called USD Coin which is expected to get listed on Circle’s Poloniex exchange and other exchanges namely, OKCoin, Huobi, KuCoin, and digital wallet and exchange Coinbase.

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Shalin Soni

Shalin joined CryptoNewsZ as Associate Finance (Cryptocurrency Research & Analysis) in 2018 and has 10 years of collective experience to work on financial modeling and financial planning & analysis activities (fp&a) domains. He has worked with various organizations in India and added values by leveraging his skills and expertise. He has strong domain expertise in research & analysis, valuation, and fp&a!! You can also mail him at [email protected] to discuss anything related to his reports.
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