Buying crypto traded funds
This guide will walk you through the process of buying a crypto traded fund (CTF) on INDX.
Prerequisites
Section titled “Prerequisites”You’ll need, a wallet with ETH on Base network. That’s it!
Finding a crypto traded fund
Section titled “Finding a crypto traded fund”Before we get into the details of how to buy a CTF, let’s take a look at the different types of CTFs available on INDX.
Crypto traded funds or indexes are are generally grouped by the type of assets they hold.
Some categories include:
Yield bearing CTFs are particularly interesting, you can read more about them here.
You can find all the CTFs on the INDX listed here.
Buying a crypto traded fund
Section titled “Buying a crypto traded fund”-
Connect your wallet
Connect your wallet to the INDX platform. You can do this by clicking the “Login” button in the top right corner of the page.
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Visit the CTF buy page
Visit the CTF buy page. You can do this by clicking the “Buy” on the detail page of the CTF you want to buy.
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Enter the amount you want to buy
You can choose the amount you want to buy and also the weight of each token in the CTF.
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Buy and confirm the transaction
Once you click “Buy” you will be prompted to confirm the transaction in your wallet.
There are 3 fee types that are applied when using INDX. We are transparent about these fees and you can see the fee before you buy. All fees are accounted for in the deposit display.
Dex fees
Section titled “Dex fees”Dex fees are applied on deposit and withdrawals when using ETH. This fee does not go to INDX but rather that liquidity providers across pools from Aerodrome and Uniswap. This fee is paid to the third party protocols on every transaction that utilises ETH. This fee ranges from 25BPS (0.25%) to 30BPS (0.30%) per transaction, these fees are generally at industry standard rates which you encounter on any traditional decentralised router.
Deposit fee
Section titled “Deposit fee”The deposit fees are nominated by the deployer/curator of an index. A deployer can set any fee up to 5.00% applied to each deposit. This fee is sent directly to the index deployer and offers a mechanism for deployers of indexes to earn from trading volume into their indexes.
Platform fee
Section titled “Platform fee”INDX has a fixed 40 BPS (0.40%) fee on all deposits.
Congratulations!
You are now ready to buy a CTF. Next you may wish to visit your Portfolio page to see your new CTF.
Remember to always do your own research and invest responsibly.