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Bitget GMCI Indices Integration Offers Secured Cryptocurrency Trading

Bitget GMCI Indices Integration Offers Secured Cryptocurrency Trading

Cryptocurrency

Bitget GMCI Indices Integration Offers Secured Cryptocurrency Trading

Bitget, a cryptocurrency trading platform, integrated GMCI indices into its futures market, expanding its offering to users seeking secure and curated trading options. This collaboration enhances the platform’s commitment to delivering diversified and safe trading experiences while increasing accessibility to verified crypto assets.

The GMCI indices, known for their strict inclusion criteria, require that any featured coin be actively traded on at least one of eight major centralized exchanges (CEXs) with sufficient trading volume. Additionally, these coins must be supported by at least one of three custodians, ensuring enhanced security and transparency. Information about the circulating market capitalization is sourced from trusted platforms such as CoinMarketCap and CoinGecko. At the same time, pricing data is obtained from Coin Metrics, which also acts as the third-party index calculation agent for GMCI.




Among the indices introduced is the GMCI 30, which highlights the top 30 coins in the GMCI asset universe. This index excludes stablecoins, wrapped assets, and staked assets, such as USDC, WBTC, and stETH, allowing traders exposure to leading digital assets while avoiding over-concentration in any one asset. This diversity provides a well-rounded representation of the broader market. The index is rebalanced monthly on the last Friday, ensuring it remains up-to-date with market fluctuations. Individual token positions are capped at 25% but can adjust based on performance, providing a dynamic and accurate market reflection.

In addition to the GMCI 30, the platform has also launched the GMCI Meme index, which caters to the growing interest in meme coins. This index captures the momentum of this volatile segment, offering traders the chance to explore emerging trends in meme coins securely.

Bitget’s CEO, Gracy Chen, expressed that the platform’s priority is user security while driving innovation and mass cryptocurrency adoption. The partnership with GMCI aligns with this vision, offering traders reliable, curated indices backed by trusted custodians. This collaboration marks a significant step in providing the crypto community with sophisticated, secure trading tools.

Integrating GMCI indices on Bitget adds transparency, security, and variety to the platform’s futures market. As both companies continue expanding their offerings, this partnership is expected to serve as a benchmark for future innovative products in cryptocurrency.


1 Comment

1 Comment

  1. Pingback: Bitget’s GMCI Meme Index Hits 460% Returns, Funniest Coins

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