#
FGA Bitcentric Tracker DBT – Symbol : FBTx #
FGA Bitcentric Tracker is an actively managed Tracker Token, an FGA Partners Digital Basket Token “DBT” Digital, that focuses on holding and tracking the movements of SynthCrypto hBTC and tokens relevant to the DBT’s investment theme of Bitcoin focused. Pricing is based solely on the holdings in the DBT. This DBT holds the digital assets in its associated trading account, tracks and displays the real-time trading and pricing of the underlying digital assets shown publicly for transparency and represents fair market pricing for the DBT. #
What is a Digital Basket Token “DBT”? #
Digital-Basket-Token “DBT” is a type of managed digital asset product that tracks a basket of underlying digital assets which are listed on the HootDex Digital Asset Swapping System. DBTs are traded on HootDex just like other digital assets, with a liquidity pool associated with them and register in real-time on the Pecu Novus Blockchain, which makes them more liquid than a typical digital asset product. #
Although they were originally conceived on HootDex, they were created for potential mass adoption across all digital asset exchanges, promoting inclusion as is the core goal of the Pecu Novus Blockchain Network itself. #
DBT’s are priced at fair market value of the underlying digital assets in the DBT itself. So a Fair Value Calculation is utilized and the pricing is based on exactly that in real-time, this eliminates any possible pricing manipulation or major disparities from exchange to exchange. #
DBT’s offer a number of advantages over other types of digital asset investments, including: #
-
Diversification: DBTs allows for portfolio diversification with exposure to a basket of managed digital assets instead of just a single digital asset. #
-
Liquidity: DBTs have liquidity pools associated with them and traded on HootDex and will more than likely make their way to other digital asset exchanges, which makes them more liquid than other digital asset vehicles. #
-
Transparency: DBTs on HootDex automatically disclose their holdings in real-time to the general public. This makes them more transparent than other types of digital asset vehicles. #
-
Cost-effectiveness: DBTs have low transactional fee associate with them as all digital assets do on HootDex and there are no gas fees if swapped on HootDex. #
Increased Benefits #
The increased benefits and opportunities will arise when centralized cryptocurrency exchanges globally list DBTs on their platforms. Centralized exchanges play a crucial role in the cryptocurrency ecosystem by providing users with a regulated and user-friendly environment to trade digital assets. By listing DBTs, these exchanges can offer their users access to a broader range of trading options and investment opportunities. #
VIEW ALL TOKENS #
LATEST CRYPTO & FINANCIAL NEWS #
- SEC task force met with Trump-supporting firms to discuss crypto regulation
- Binance rolls out Fund Accounts for asset managers, bridging crypto-TradFi gap
- Bitcoin rebounds as bulls eye $100K and bears scramble to cover short positions
- Chicago Mercantile Exchange (CME) Group to launch XRP futures
- Bitcoin supply on exchanges is falling ‘due to public company purchases’ — Fidelity
- Bitcoin 'short squeeze' or $87K dip next? BTC price predictions vary
- The hidden risk of updatable firmware
- Angels from Citadel, Jane Street, JPMorgan back $20M raise for Theo network
- Tether boosts Juventus stake to 10% in latest strategic buy
- How to set up and use AI-powered crypto trading bots
- Why is XRP price down today?
- Serbia’s Prince Filip says Bitcoin is being stifled, expects huge rally
- How crypto payments can become the new ‘tap-and-go’ — Pulsar co-founder
- New Hampshire Bitcoin reserve bill heads to full Senate vote
- Helium partners with AT&T to bring WiFi to thousands of US locations
- Asian firms ramp up Bitcoin buys: Metaplanet, HK Asia lead charge
- Bitcoin's next big resistance is $95K— What will trigger the breakout?
- Trump fought the bond market, the bond market won: Saifedean Ammous
- USD/JPY Slips as Safe Havens Regain Shine Amid Tariff Jitters
- Upbit and Bithumb suspend Synthetix token deposits, citing sUSD risks