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Investing in
XYZ Check Basket
Confirm Investing amount
₹ 10,000
Confirm Amount
INR
USD
BTC
ETH
+
Review Basket Composition
Token
Qty.
Asset Value (₹)
Weights (%)
1. VET
1,764.23
₹ 3,300
33 %
2. MNR
67.06
₹ 2,100
21 %
3. ICP
5.09
₹ 1,700
17 %
4. KSM
170.12
₹ 1,500
15 %
5. UNI
23.19
₹ 1,000
10 %
6. EOS
1.43
₹ 400
4 %
Total
₹ 10,000
You will invest:
₹ 10,000
Choose balance to swap

Basket:

Proof of Work

Assets:

Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ethereum Classis, Monero, Dash, ZCash, Decred, Digibyte

Managed by:

Weekend Investing

SEBI Regsistration Number:

CAGR

412.11 %

Subscription fee

Free

Subscription fee

Free

Weights & Percentages

Constituents of this portfolio were last reviewed on
20 June, 2021
and will next be reviewed on

Assets

Current Price

Weightage %

43.2
27.9
5
4.3
4.1
3.6
3.2
3
2.9
2.8

Total

100 %

Crypto Composition

Why should you invest in this Basket?

What are Proof-of-Work coins?
Proof-of-Work coins are cryptocurrencies that are secured through mining. The most famous Proof-of-Work cryptocurrency is Bitcoin. Miners deploy their computer hardware to solve computationally-intensive mathematical problems and ensure that all transactions are valid. Miners are compensated for their work with the cryptocurrency they are mining – for example, Bitcoin miners earn BTC.

Why do some cryptocurrencies use Proof-of-Work?
Since Bitcoin’s launch in 2009, Proof-of-Work designs have demonstrated that they are a viable method of securing cryptocurrency networks. Thanks to the popularity of Proof-of-Work cryptocurrencies, the cryptocurrency mining community is very strong and offers plenty of resources available to anyone who wants to get started with cryptocurrency mining.

What are the downsides of Proof-Of-Work?
Proof-of-Work cryptocurrencies tend to have limited scalability, and can only process a limited number of transactions per second. In addition, Proof-of-Work cryptocurrencies that aren’t backed by a lot of computing power can be vulnerable to 51% attacks, where one entity controls more than 50% of the network’s hashrate. This isn’t a major issue for Bitcoin or Ethereum, but can be devastating for smaller coins.

Know how this CryptoBasket was created

Factsheet

Download key points about this CryptoBasket

Basket Overview

#Cryptos

10

Review Frequency

Monthly

Last Review

20 June, 2021

Next Review

20 July 2021

Breakup

Generation 1
36%
Generation 2
55%
Generation 3
9%

Next Rebalance due on

20 July 2021

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