On 17 June 2017, Bitotal introduced the first cryptocurrencies index.
In finance, an index is an indicator or statistical measure of changes that occur in a securities market. Stock and bond market indices consist of a hypothetical portfolio of securities. These represent a particular market or a segment of it.
The Standard & Poor's 500 (S&P500), for example, is an American stock market index based on the market capitalizations of 500 large companies. These firms have a common stock listed on the NYSE.
Another example is The Nasdaq 100 Composite Index (QQQ). This allows investors to essentially invest in all of the stocks that make up the Nasdaq 100 in a single security.
Such stock market indices, are the most commonly followed equity indices. Many consider it one of the best representations of the U.S. stock market and a bellwether for the U.S. economy.
Bitotal has an experience of 3 decades in the field of asset trading. When we first approached cryptocurrencies trading, we noticed the lack of statistical measuring for this financial market segment. Now, our experience has made us one of the best and most efficient exchange company. Since its launch, Bitotal has been working on its journey towards success and on revolutionizing the field of digital currency.
The indexes we've developed gives investors an indication,the progress and the fluctuations of the total Cryptocurrencies trading market and are nowadays used by the biggest companies of this industry.
Bitotal’s achievements go even more beyond this. After we had the tools to trade in the most effective way possible, we decided to develop a bot. This bot auto trades the whole cryptocurrencies market, including Bitcoin.
Since the very beginning of the company, Bitotal’s main objective is to create passive income for all of its clients.