Blackmoon’s new Binance ETx index

Binance is to get an index called Binance ETx to track the performance of 20 most traded coins. The new asset token is developed by Blackmoon, a blockchain fintech company. Blackmoon’s  COO Sergey Vasin commented their aim is to help investors get benefits of diversification and automation. It is the first of its kind to enter the crypto space.

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Blackmoon’s new Binance ETx index

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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