CRYPTO IDX is an index that is formed based on the price and liquidity of the top 10 cryptocurrencies by capitalization.

The asset is built on the same principle as indexes (for example, CAC or AEX). The Crypto IDX takes into account not only the prices but also cryptocurrency supply and demand parameters. It’s an internal synthetic asset on Binomo and is not available on other platforms.

This asset is popular among Binomo traders due to its advantages:

• Round-the-clock availability for trading. It’s the only asset on the platform that’s available 24 hours a day every day. 
• The high percentage of profitability, generally 82-85%.
• Suitability for short-term trading. Due to its high volatility, the crypto index makes it possible to create a full candlestick chart even on a 5-second time frame.