Investing is an intimidating experience as it takes time and exhaustive research, most of the time just to get more informed. There is no need of picking individual stocks when a seasoned investor can just follow suit.
Launching Whale Baskets in the Stocks section of the Crypto.com App, which enables users to copy the composition of portfolios of famous investors such as Warren Buffett, and do it free of charge without incurring a subscription payment.
The Whale Basket Words of Their Mouths
Whale Baskets allow you to buy a pool of stocks similar in structure to what the selected investor publicly disclosed. You get informed when their portfolio composition updates and with a single tap, you may update your basket.
Main Features
- No Subscription Rates: No recurring rates with strategies by the experts
- Follow more than 10 Popular Investors: Warren Buffett, Nancy Pelosi, Dan Meuser, Bill Ackman, and more
- Simple Tracking Tools: Be notified when the investor trades in or out of holdings – and be able to replicate them with ease
- Custom Portfolio Control: Make your own investment strategy by fine-tuning holdings to match it
- Flexible Payment: Pay with USD or crypto
- Improved Income/Income Personification: Generate extra incomes via the Securities Lending Program
- Un-disputed Inner Peace: Secrets Investor Protection Corporation? (SIPC)
Whale Baskets Getting Started
These are the 5 steps in order to start investing using Whale Baskets through Crypto.com App:
- Faucet Whale Baskets on the main screen.
- The investors are listed in the available list and you can browse the details of any investment and follow the basket you would like to follow.
- Select how much you would like to invest as little as US$50.
- Asset selections or asset allocations may be tailored, however, it is worth noting that a switch to a custom basket will prohibit the automatic updating as it corresponds with subsequent investor trades.
- Make your purchase complete. When your selected whale changes their portfolio you will get a notification.
Start to Chase a Whale
View the frequently asked questions page to find answers to the most frequently asked questions.
Important Disclosures
The Foris Capital entity is separate to Foris DAX, Inc., (now branding as Crypto.com) and its related entities. The Foris Capital US LLC, a registered broker-dealer and SIPC/FINRA member, deals with the securities that are issued to residents of the United States. Foris Capital is not involved in sale, transfer, and custody of crypto assets. Fractional share investing not all the equities allow. Securities lending is a process that has certain risks associated with it and it is not always the right choice to make as an investor. These are the potential loss of the entire securities or part of loaned securities. Such loaned assets may not be SIPA-protected. The customers need to read and accept the following agreement prior to the securities lending option, Stock Lending Disclosure Statement and Agreement of FCUL. Admission into lending program could be different.
The definition of the term baskets under the Foris Capital is not that as defined under the FINRA Rule 4210. However in this case it is used in the general sense to refer to combinations of equities referred to as Whale Baskets.
Although such baskets are based on publicly available data, the portfolio mix of an investor cannot always be reproduced. Other issues such as the delay in reporting, holdings of private equity as well as complicated decisions on investments are not quite absorbing. Past performance of a Whale Basket or its cited investor is not conclusive in the future. These baskets are informational and neither the solicitation to invest in nor the endorsement of an investment product or strategy. It is important that the individual strategies might entail distinct risk tolerances, special access to transactions, or extended time frames that must be kept in mind by the investors.
