• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
Bitcoinist.com
No Result
View All Result
Circle Unveils New Product for Retail Cryptocurrency Investors
Nexo

Circle Unveils New Product for Retail Cryptocurrency Investors

Osato Avan-Nomayo by Osato Avan-Nomayo
4 years ago
in Bitcoin, Altcoin News, Bitcoin Cash, Bitcoin Investment, Ethereum, FinTech, Litecoin
0
Advertisement

Cryptocurrency startup company, Circle, has unveiled a new investment product. The launch was announced via a post on the company’s blog. The Goldman Sachs-backed firm recently completed a lucrative investment round while announcing plans for a stablecoin tied to the USD.


Buy the Market

According to a blog post by Senior Product Manager, Rachel Mayer, the latest addition to the catalog of crypto investment offerings at the firm is called “Buy the Market.” This new product is targeted at retail crypto investors, especially first-time investors looking to test the proverbial waters. The investment tool features seven cryptos; Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Zcash, Monero, and Ethereum Classic.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Circles Buy the Market

The new product allows users to invest in all seven listed cryptos simultaneously. Users also get to decide how much they wish to put up in their portfolio. Buy the Market uses a weighted allocation framework to distribute the funds among the seven cryptos using their market capitalization. The minimum investment sum is $1 while the maximum weekly limit is $10,000.

Speaking to Forbes on the new product, Rachel Mayer said:

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

This is for the person who’s just getting their feet wet in crypto, and don’t really know how or where to start. They can easily sign up and within a few minutes connect their bank account and instantly get access.

It is evident that “Buy the Market” is strictly for the everyday crypto investor who doesn’t have the minimum $250k outlay of major institutional traders. The funding limits also help to smoothen the regulatory and reporting roadblocks that usually trail significant financial investments.

Circle Committed to Comprehensive Coverage of the Cryptocurrency Market

This move by Circle marks a return to the company’s roots. Established in 2013, the firm’s first focus was enabling massive adoption of cryptos in everyday commercial activities. In recent times, however, Circle has jumped on the institutional investment bandwagon which despite showing promise is yet to kick-off fully.

What is the best crypto casino in July 2022? Read our comprehensive comparison! We made deposits, played and reviewed 80+ crypto casinos to choose the best one.

With this new investment product, Circle is spreading its net wide, ensuring that both ends of the crypto investment spectrum are satisfied. What’s more, the company plans to deliver this new offering at the same competitive pricing it offers institutional investors. Circle will have to compete with a few other startups like Coinseed that target small-time cryptocurrency investors.

How important is it for cryptocurrency firms to create products for both institutional and retail investors? Do you think Circle’s latest product will gain traction with everyday crypto investors? Let us know your thoughts in the comment section below.


Images courtesy of Circle, Shutterstock

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Osato Avan-Nomayo

Osato Avan-Nomayo

When I am not knee-deep in cryptocurrency-related news, I am either attempting to beat my scrabble high score or internally debating an existential dilemma.

Related Posts

ETHPoW, a "Work Hard" sign

Proposed ETHPoW Fork Poses An Existential Threat To Ethereum. Can It Succeed?

56 mins ago
Ethereum

What The Impending “Triple Halvening” Means For The Future Of Ethereum

4 hours ago
bitcoin miners

Bitcoin Miners Sold 5,700 BTC During July, New Report Finds

6 hours ago
Bitcoin

Bitcoin Miner Revenue Slows Down As BTC Price Slumps Sideways

8 hours ago
Crypto

Crypto Markets Have ‘Hit The Floor,’ JP Morgan Says, As Bitcoin Nears $24,000

13 hours ago
Maximalists Could Use A Different Route, Says Bitcoin Core Contributor

Maximalists Could Use A Different Route, Says Bitcoin Core Contributor

13 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.