FAQ

Questions about cryptocurrency

  • Are there high risks?

    Any investment in the cryptocurrency market has a high risk nature, the markets are very volatile and 10-20% moves in price are common.

    CARUS-AR advises to only invest what you can afford to lose and to never invest using loaned funds.

  • Are cryptocurrency legal?

    Owning cryptocurrencies is completely legal in most countries, often crypto doe not fall under current rules & regulations and it is still unclear how some countries will develop these crypto regulations. There are a few countries around the world who has prohibited their citizens to own different coins. Most of the world has accepted them and started to work with the virtual currency.

    Please do your own research and due diligence about the rules in your own country before you invest, CARUS-AR advises to only invest what you can afford to lose and to never invest using loaned funds.

Questions about CARUS-AR

  • How much does it cost?

    The costs of CARUS-AR DAA on the ICONOMI platform are simple and clear:

    • 2.75% per year
      - the annual management fee that is charged over the overall DAA value (fees are normally integrated in the source code and executed automatically)
      - CARUS-AR receives 70% of this fee, 30% goes to ICONOMI
    • 0.5% exit fee
      - when you sell (a part of) your DAA

    There are no other fees!
    No bonus points, signup fees or extra costs for made profits.

  • How do you buy CARUS-AR on the ICONOMI platform?

    Step by step guide showing how easy it is to invest in a diversified portfolio of currencies using the CARUS-AR DAA can be found on the page: How to buy CARUS-AR.

  • Is CARUS-AR ever in control of my funds or crypto?

    No, CARUS-AR will at no point hold, receive or be responsible for your funds or crypto.

    If you choose to use CARUS-AR you will register on the ICONOMI platform, send your funds or crypto to your own ICONOMI account and simply buy the CARUS-AR DAA on the ICONOMI platform using your own dashboard.

    CARUS-AR will never receive your money or crypto, all will be secured and managed by ICONOMI.

  • What was the starting price of CARUS-AR?

    CARUS-AR was one of the first 12 DAA's listed on the ICONOMI platform on October 4th 2017.

    The starting price of CAR was 10,00 USD.

    You can read the post from ICONOMI about the DAA launch here.

    View the total price history of CARUS-AR in USD on this page: Price history.

Questions about ICONOMI

  • What is ICONOMI?

    The ICONOMI Digital Assets Management platform is the place where DAA managers and investors meet. DAA managers try out their winning digital asset management strategies and share them with the community. ICONOMI users are provided with a selection of various Digital Asset Arrays (DAAs) and invest their digital assets into those they find most suitable. Good performance builds the DAA manager's reputation and attracts new investors, who receive proven expertise and results in return.

    How does it work?

    DAAs measure the performance of the digital assets they include. The included digital assets and their weights are rebalanced (updated) monthly but may be rebalanced more or less frequently due to the fast-changing environment of the digital assets market.

    It can be challenging to acquire, rebalance, and secure a diversified portfolio of digital assets. DAAs make it easy to simultaneously acquire many digital assets at once with a click of the mouse.

    When you buy into a specific DAA, your investment gets diversified across the entire range of assets the DAA is exposed to. For example, if the DAA array structure contains (index weights):

    • 15% Bitcoin (BTC)
    • 14,76% Ether (ETH)
    • 12,89% Dash (DASH)
    • etc.

    and you purchase 100 units of that DAA, 15 units go toward BTC, 14.76 to ETH, 12.89 to DASH, etc.

  • What is an DAA?

    DAA stands for Digital Asset Array, it can consist of any number of underlying digital assets like Bitcoin (BTC), Ethereum (ETH) and Ardor (ARDR). We like to compare it to a portfolio of stocks in the traditional markets.

    Owning a DAA instead of just a few crypto gives you more diversification, security and ease of use with the advanced ICONOMI platform.

  • What does the ICONOMI platform look like?

    A showcase of the amazing ICONOMI platform. I show all features and tabs of the playform including a inside look at the DAA Manager screen!

    ICONOMI platform overview by CARUS-AR

Want to get started?

Register at ICONOMI, verify your account, deposit BTC or ETH and buy CARUS-AR.

Register at ICONOMI

Want to know more about the ICONOMI platform?

ICONOMI terms of use ICONOMI helpdesk ICONOMI blog