Index trading is a place in which experienced users can trade cryptocurrencies in a simple and secure way. We use a same-currency-in, same-currency-out approach in the investment trading area. Traders can arbitrage by predicting the movement of the index.
The index is calculated based on the weighted average of the last prices of top exchanges (Bitstamp, Bitfinex, Kraken, Coinbase).
In this trading area, you will be trading directly with our designated merchants.
A same-currency-in, same-currency-out approach is adopted because unlike C2C trading, the price of index trading is not an OTC price. Without this approach, traders can arbitrage easily and cause great losses to our designated merchants.
For example, the digital asset you buy in Index Trading area can only be sold in Index Trading area. Same works for tokens: the number of tokens you transfer into the Index account must be the same as the number of tokens you transfer back to your spot account.