CDS Crypto News Binance Earn: Monthly Rebalancing for Auto-Invest Index-Linked Plans (2023-03-01)
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Binance Earn: Monthly Rebalancing for Auto-Invest Index-Linked Plans (2023-03-01)

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Binance Earn: Monthly Rebalancing for Auto-Invest Index-Linked Plans (2023-03-01)

The following information was taken from www.binancе.com

Binance Earn Monthly Rebalancing for Auto-Invest Index-Linked Plans (2023-03-01)
Binance Earn: Monthly Rebalancing for Auto-Invest Index-Linked Plans (2023-03-01) 1

Binance Earn: Monthly Rebalancing for Auto-Invest Index-Linked Plans (2023-03-01)

Fellow Binancians,

The next monthly rebalancing for Auto-Invest Index-Linked Plans tracking the Binance CMC Top 10 Equal-Weighted Index will start at any time after 2023-03-03 05:00 (UTC). This will be completed in approximately three to six hours.

For an overview of the new index constituents, please refer to the table below.

Index Constituents:

Current Constituents
(As of 2023-01-27)
New Constituents After Upcoming Monthly Rebalancing
(Effective From 2023-03-03)
BTCBTC
ETHETH
BNBBNB
XRPXRP
ADAADA
MATICMATIC
SOLSOL
DOTDOT
LTCLTC
TRXTRX

Impact on Auto-Invest Index-Linked Plans

Through the monthly rebalancing, the system will automatically buy and sell portions of users’ cryptocurrency holdings in Auto-Invest Index-Linked Plans to bring each asset’s weight to an allocation that matches the Binance CMC Top 10 Equal-Weighted Index. Currently, the monthly rebalancing of Auto-Invest Index-Linked Plans and the Index takes place on the same day.

For more information on the rebalancing mechanisms and fees, please refer to the FAQ and Auto-Invest Terms of Use.

About the Index

Users may utilize the Binance CMC Top 10 Equal-Weighted Index to track the values of digital assets/currencies. Each asset in the index is equally weighted and rebalanced on a monthly basis, and the index is denominated in USD. Please refer to the blog and index page for more information, such as the rebalancing and filtering criteria.

Guides and Related Materials:

Thanks for your support!

Binance Team

Source

www.binancе.com

Check out more of our latest news here

Written by
ali009

The author is 28 year old student recently graduated from Celal Bayar University, Faculty of Medicine. Currently he works as a writer and translator for different platforms.

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