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Swiss Online Bank Launches Bitcoin Product


Kargai

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Posted

Swissquote developped a tool related to Bitcoin lately. The swiss bank argue that investors would like to have a tool that can help them reduce the volatility of their investments based on technical and market patterns, while minimizing their exposure to risk.

They call the product Active Bitcoin Certificate which is an exchange tradeable certificate who will help to reduce the volatility in the market by enabling investors to move their holding between Bitcoin and U.S dollar through a proprietary machine-learning algorithm.

Basically their algorithm will gathered some key factors (technical patterns,  social media sentiments, ...) and act accordingly with them. Your portfolio could be between 60% up to 100% in BTC, the remaining part will be in FIAT (usd).

All the informations can be find here : http://www.swissquote.ch/url/investment-ideas/themes-trading/bitcoin-certificate/en

What is important if you are not in swiss is the fact that banks are now supporting new products in cryptos, which is very different from what we have read or learned in the past years/months. Cryptos can't be arrested now, they have to add them in their arsenal.

Posted

Interesting post, really good news for the ones who are searching for something to invest and the ones who already have the crypto

8 hours ago, Kargai said:

Active Bitcoin Certificate

as said, it will help to reduce the volatility in the market

 

Best wishes,
Merry XMAS :)

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