The crypto market just shed 3.49% over the day to $1,6 trillion. With concerns over Russia and Ukraine and rate increases by the Federal Reserve in the U.S, cryptocurrencies are tumbling. Many investors fear a crypto winter, but whether it is here or not, diversification is still vital. James Wang, Head of Tokens at Amun, explained to NewsBTC how index tokens allow to gain instant exposure to the best-performing and most liquidity assets, diversify portfolios, and help spread the risk. Related Reading | Ethereum Founder Vitalik Buterin Welcomes Another Crypto Winter Crypto total market cap at $1,6 trillion in the daily chart | TradingView.comAmun Limited is a technology company that simplifies the access to passive investment on crypto through index trading products, providing broad exposure to particular blockchain ecosystems and DeFi sectors. While crypto index funds are not popular yet compared to traditional index trading, James Wang explained that index tokens are a very useful tool because users gain instant access to a diversified portfolio of assets without having to manage multiple purchases manually. This massively simplifies the buying process and cuts out all of the transaction fees that come with buying multiple coins individually and provides an easier on-ramp for newcomers to cryptocurrency investing, he noted. Amun index trading products can be a tool in times of volatility because traders can move th...
