- Cryptocurrency is a medium of exchange that uses encryption skills to control the formation of monetary units and authenticate money transfer.
- COVID-19 has prompted investors to shift their interest towards investing in digital assets as they find ways to secure their assets after being financially hit by the pandemic.
- Bitcoin is a digital currency created to make online transactions as well as transfers of wealth easier, faster, and safer.
- Crossgate Capital paves way for investors to make an investment in bitcoin and cryptocurrency.
- The Company invests in top cryptocurrencies that have a market capitalisation of at least $500 million and conducts persistent research while monitoring each asset within this class.
Cryptocurrency has taken the world by storm, reflected through the massive growth in its popularity. Cryptocurrency is a digital currency that operates within a cryptographic set of rules and codes to safeguard personal money transfers and control the creation of monetary units.
People use cryptocurrencies to make quicker payments and avoid transaction fees as it can be transferred to someone online without an intermediary. Bitcoin is one of the most popular cryptocurrencies, invented in 2009.
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Bitcoin uses peer to peer technology designed to facilitate all functions, including transaction handling and currency issuance. Crossgate Capital Limited is specialist investor in bitcoin and cryptocurrencies.
Clive Jimmieson of Crossgate Capital, Head of Compliance says-
Digital trends catalysed amid COVID-19 have given a strong nudge to the trading of bitcoin, bringing in a flurry of fresh participants.
Investors have increased their expenditure towards bitcoin, and other cryptocurrencies recently, as the COVID-19 pandemic compelled people to stay at home and spend more time on their PCs, followed by a rise in trading volumes.
Bitcoin surged by 24% amidst pandemic, while S&P 500 index fell by 7%, as on 29 June 2020.
Against this backdrop, let us explore how Crossgate Capital is helping investors move ahead in the Crypto market.
Crossgate Capital paving the path for investors
There can be several barriers to investing from opening an exchange account, understanding the technical terms to managing a private wallet for protection.
Crossgate Capital, a specialist investor in bitcoin and cryptocurrency, offers investment solutions to overcome the challenges that arise from investing in crypto assets.
Crossgate Capital actively studies as well as tracks each asset’s performance and the portfolio selection is based on fundamentals, expert guidance, and solid debate.
Investment strategy of Crossgate Capital
Crossgate Capital’s diverse portfolio of the leading cryptocurrencies manages risk, by investing in individual crypto assets, with a market capitalisation of at least $500 million as at the purchasing date.
The Company believes that cryptocurrency is now a part of the financial landscape and has the ability to be an accepted asset class in the portfolio of an investor together with equities and debt.
Investors obtain instant access to a diversified portfolio of top cryptocurrencies and thus, restricts exposure to one cryptocurrency only. The minimum investment is $100. An investor also gets to make one-off investments at their pace through the Crossgate Capital automated reinvestment portal.
Moreover, investors get frequent reports, which inform them about their investment performance and also get a chance to be present at the annual meetings. While the portfolio performance is gauged monthly as well as annually by the Company, investment performance is also examined at each allotment date.
(NOTE: Currency is reported in NZ Dollar unless stated otherwise)
Crossgate Capital Limited is the issuer of the products. The PDS for the offer is available and can be obtained at www.crossgatecapital.co.nz