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What is CRYPTO20 coin (C20) and how does it work?

by Financial Economy

CRYPTO20 is an autonomous cryptocurrency portfolio created using an index strategy. The CRYPTO20 tool eliminates the platform and can thus offer significantly lower fees. CRYPTO20 is not a platform, it is a fully functioning product. The utility token of CRYPTO20 is called C20. Detailed information about what is CRYPTO20 coin (C20), how does it work, how much it costs, how to buy, etc. is in the continuation of the content. Information about Ontology Gas coin (ONG) you can browse here.

What is CRYPTO20 coin (C20) and how does it work?

CRYPTO20 (C20) is the world’s first cryptocurrency indexed fund. Launched on October 16, 2017, C20 has launched the twenty largest cryptocurrencies in the market. The C20 offers investors a practical and cost-effective way to adequately monitor the overall return on the fast-growing digital asset market.

C20 is a passively managed fund; Fund managers do not trade actively apart from weekly rebalancing of assets. CRYPTO20 plans to use machine learning to optimize fund management and set parameters for future funds.

C20 is led by its founder and CEO, Daniel Schwartzkopff. He is a serial entrepreneur with a background in technology and social network development. Additionally, Schwartzkopff is the co-founder and director of Dataprophet, a machine learning consulting and development firm.

The utility token of CRYPTO20 is called C20. It can be traded at any time, holdings are completely transparent, and there are no legacy banking fees or expensive fund managers. C20 tokens are directly tied to underlying assets with a new liquidation option that can be enforced via smart contract.

Where to buy CRYPTO20? How much is the C20 coin price?

CRYPTO20 can be purchased from the listed cryptocurrency exchanges. However, it is necessary to make sure that the exchange to be traded is “reliable”. As of October 18, 2021, the price of 1 C20 token is around $4.75. Of course, the price of the coin can change instantly.

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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