What are Coin Sets and how do they work?

Created by Pratibha Shetty, Modified on Mon, 12 May at 3:59 PM by Pratibha Shetty

Coin Sets enable you to invest in multiple crypto coins based on a theme instead of holding a single coin. The idea is to help you diversify your investments and minimize risk in a simple, understandable manner, without having to spend a lot of time and energy in researching and following multiple projects.

When you invest in a Coin Set, you are effectively purchasing its constituent tokens in the ratios defined for that Coin Set. They are better than investing in a single coin since it helps you diversify your investments. This is very similar to the concept of Index funds in conventional, stock-based investing.

Coin Sets are designed and curated by Mudrex and our in-house research team after analyzing several parameters and market trends. These are managed using rules and rebalanced periodically to ensure that the theme remains consistent with time.

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