Koinbasket provides a platform for investors to buy and sell diversified crypto baskets through their existing exchange accounts, eliminating the need for additional deposits. By offering simplified trading options and risk-managed portfolios, Koinbasket streamlines the investment process in cryptocurrencies, making it as straightforward as trading stocks or ETFs.
Funding
$2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Investing in cryptocurrencies can be complex and time-consuming, often requiring users to navigate multiple exchanges and manage individual coin selections. The lack of simplified trading options and risk-managed portfolios deters many potential investors from entering the crypto market.
Solution
Koinbasket offers a platform that simplifies cryptocurrency investment by enabling users to buy and sell diversified crypto baskets through their existing exchange accounts, eliminating the need for additional deposits or complex trading strategies. These crypto baskets function similarly to ETFs or index funds, providing risk diversification and exposure to multiple cryptocurrencies with a single transaction. Users can choose from curated baskets or create their own, rebalancing their portfolios with a single click. By integrating directly with exchanges like Binance and Coinbase, Koinbasket ensures that funds and crypto assets remain under the user's control, enhancing security and trust.
Target Audience
Koinbasket primarily targets retail investors who are new to cryptocurrency or seeking a simplified, risk-managed approach to crypto asset investment, as well as experienced traders looking to diversify their portfolios efficiently.
Features
- Integration with Binance and Coinbase accounts for seamless trading
- Access to curated crypto baskets based on trending coins and market themes
- Option to create custom crypto baskets tailored to individual investment strategies
- One-click rebalancing of portfolios to maintain desired asset allocation
- Real-time profit and loss (P&L) tracking for informed decision-making
- Bank-grade SHA-256 RSA encryption for secure data transmission
- Non-custodial platform, ensuring users retain control of their funds and crypto assets
- Portfolio health checks and crypto ratings to aid investment decisions