Coinmetro launches the Swap widget: buy the whole portfolio in a single transaction

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“Now, when payday rolls around, investors can increase the size of their portfolio evenly without having to make a trade for each of its components.”

European crypto-trading platform Coinmetro has launched its Swap widget, which allows investors to buy their entire portfolio in a single transaction, without the need to buy each coin or token individually.

Dollar Cost Averaging (DCA) has been an effective way to mitigate unpredictable market conditions, but it is also limited to recurring purchases on the same asset.

The company gave an example: “If a client wanted to invest a fixed monthly amount in a wallet (e.g. 40% in Bitcoin, 40% in Ethereum and the rest split between 20 different altcoins), they would have to buy each coin. separately and calculate how much to invest in each. This would require up to 22 separate trades to complete each month.

Coinmetro wants to change that with the Swap widget, developed in consultation with its valued community. The tool allows users to increase the size of their portfolio without affecting the asset mix, all in one operation.

Buy and sell nearly 50 cryptocurrencies with just a few clicks

Oliver Goble, Chief Product Officer at Coinmetro, said: “To many people the world of cryptocurrencies may seem like an exclusive club or a fortress of complexity, and while neither of these things is strictly true, it It’s easy to see why some people feel that way. way. At Coinmetro, we see this as a design problem, a problem that can be solved, and we are always looking for ways to increase access to crypto with better products that offer more simplicity.

“This latest version of our popular Swap widget has an exclusive feature that we think investors will love. Our community always tells us that they’re looking for shortcuts to do complex things quickly, and this is one of those things. which has traditionally been unnecessarily time-consuming. Now, when payday rolls around, investors can increase the size of their portfolio evenly without having to make a trade for each of its components.”

The Swap widget allows Coinmetro customers to buy and sell nearly 50 cryptocurrencies with just a few clicks, at a fixed rate and with no trading fees. New crypto investors and those who prefer not to use a spot exchange are said to benefit the most from the Swap widget.

Coinmetro plans to develop additional portfolio creation and management tools, which will be available to traders in the coming months.


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