Circle Adds 'Buy the Market' Feature to Its Crypto Investment App

contentjunkie (73)in #technology • 6 years ago

From Coindesk

Payments startup Circle has launched the full version of its crypto investment app.
After a soft launch back in March 2018, the company is making the app with its full suite of services available as of Tuesday. Circle first announced its investor-focused app back in November and later released it in 46 U.S. states as part of an "early access availability" phase.

One of the features going live on Tuesday is the "Buy the Market" tool, which is geared toward newer users, Circle senior product manager Rachel Mayer told CoinDesk.

"'Buy the Market' is the culmination of all we've been doing since the soft launch," she said, going on to explain:

"It's trying to solve the problem of signing up and trying to be a newbie investor and you're not sure how much to put in and where and why. 'Buy the Market' is just a very easy way to invest in the seven supported assets on Circle Invest, you choose the funds you'd like to invest in, and we do the rest. We automatically divide the investment into each specific coin market cap waiting and you can purchase the coin instantly."

If this company is successful in on-boarding a significant amount of new users and driving them to make market buys of certain coins it would only make sense to invest in those coins ahead of time. I did a little more digging an found the list coins:

"We currently support buying and selling Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Zcash (ZEC), and Monero (XMR)."
From: https://support.invest.circle.com/hc/en-us/articles/360000396566-What-digital-currencies-does-Circle-Invest-currently-support-