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What cryptocurrencies does VIX track?

avatarAluxBikolJan 29, 2022 · 3 years ago3 answers

Can you provide a detailed explanation of the cryptocurrencies that VIX tracks?

What cryptocurrencies does VIX track?

3 answers

  • avatarJan 29, 2022 · 3 years ago
    VIX, or the Volatility Index, is a measure of market volatility that is primarily focused on traditional financial markets like stocks and options. It does not directly track any cryptocurrencies. However, there are other indexes and platforms that track the volatility of cryptocurrencies, such as the CBOE Bitcoin Volatility Index (BVOL) and the BitMEX Perpetual Contracts Funding Rate. These indexes and platforms provide insights into the volatility of specific cryptocurrencies, allowing traders and investors to make informed decisions.
  • avatarJan 29, 2022 · 3 years ago
    VIX is not designed to track cryptocurrencies. It is specifically designed for traditional financial markets. If you are interested in tracking the volatility of cryptocurrencies, you may want to explore other options such as cryptocurrency volatility indexes or platforms that provide volatility data for specific cryptocurrencies.
  • avatarJan 29, 2022 · 3 years ago
    VIX does not track any cryptocurrencies directly. However, at BYDFi, we offer a range of cryptocurrency trading options that allow you to trade and track the volatility of various cryptocurrencies. Our platform provides real-time data and advanced trading tools to help you navigate the cryptocurrency market with ease. Feel free to explore our platform and discover the exciting opportunities that await you.