bitcoinpenguin Baskets are an avenue to simplify your trading. You can trade one instrument to express an investment opinion on a wider market segment, like DeFi or Altcoins. Basket constituents are updated quarterly to reflect market dynamics.
There's no need to open a position on each token individually. bitcoinpenguin Baskets gives exposure to multiple assets/coins in a single contract.
One poorly performing cryptocurrency is less likely to negatively impact your whole portfolio.
bitcoinpenguin Baskets makes it possible to observe and compare the performance of different crypto sectors.
The bitcoinpenguin Baskets are reviewed, updated, and rebalanced to ensure they remain relevant and up-to-date. By trading basket contracts, exposure is adjusted carefully.
10 different cryptocurrencies are tracked under a specific theme. Users can diversify trades without manually building, rebalancing and adjusting a portfolio of individual coins.