Coins Correlations on Luno

MATIC
INJ
CRV
GRT
DOGE
NEAR
ALGO
ATOM
UNI
AAVE
XRP
XLM
LINK
TRX
SNX
SAND
BCH
DOT
BTC
SOL
AVAX
MKR
ETH
LTC
ADA
FTM
MATIC
0.980.970.990.960.990.90.960.990.910.260.850.850.660.970.990.890.980.690.770.990.40.950.270.780.6
MATIC
INJ
0.980.950.990.980.980.930.950.990.910.370.90.860.660.940.980.870.970.740.80.990.390.950.370.810.59
INJ
CRV
0.970.950.970.910.980.850.980.960.860.230.810.780.680.990.970.920.990.590.690.980.430.890.170.770.61
CRV
GRT
0.990.990.970.960.990.90.960.990.890.260.860.830.660.970.990.880.990.680.750.990.410.940.280.780.61
GRT
DOGE
0.960.980.910.960.960.960.910.970.90.490.940.890.590.890.970.850.930.80.880.970.230.940.40.830.46
DOGE
NEAR
0.990.980.980.990.960.910.980.980.890.310.870.840.680.980.990.920.990.670.760.990.420.930.240.820.59
NEAR
ALGO
0.90.930.850.90.960.910.850.910.930.590.970.940.620.840.920.820.870.850.90.920.170.940.40.880.35
ALGO
ATOM
0.960.950.980.960.910.980.850.960.840.260.820.790.680.970.970.90.990.60.70.970.440.880.190.770.61
ATOM
UNI
0.990.990.960.990.970.980.910.960.90.310.870.850.650.950.990.870.980.720.790.990.350.950.310.780.58
UNI
AAVE
0.910.910.860.890.90.890.930.840.90.420.860.960.730.860.890.770.870.850.840.910.210.970.320.780.44
AAVE
XRP
0.260.370.230.260.490.310.590.260.310.420.650.590.140.160.340.30.240.710.680.32-0.290.380.520.59-0.17
XRP
XLM
0.850.90.810.860.940.870.970.820.870.860.650.880.560.780.890.770.820.820.860.880.150.890.390.880.33
XLM
LINK
0.850.860.780.830.890.840.940.790.850.960.590.880.660.780.850.740.790.920.920.860.060.930.370.790.29
LINK
TRX
0.660.660.680.660.590.680.620.680.650.730.140.560.660.70.640.640.690.490.470.660.420.70.130.620.49
TRX
SNX
0.970.940.990.970.890.980.840.970.950.860.160.780.780.70.960.920.980.570.650.970.470.890.10.760.63
SNX
SAND
0.990.980.970.990.970.990.920.970.990.890.340.890.850.640.960.910.980.70.790.990.330.940.250.820.53
SAND
BCH
0.890.870.920.880.850.920.820.90.870.770.30.770.740.640.920.910.90.530.640.90.360.780.040.880.46
BCH
DOT
0.980.970.990.990.930.990.870.990.980.870.240.820.790.690.980.980.90.610.70.980.480.90.230.780.66
DOT
BTC
0.690.740.590.680.80.670.850.60.720.850.710.820.920.490.570.70.530.610.920.71-0.140.830.540.690.16
BTC
SOL
0.770.80.690.750.880.760.90.70.790.840.680.860.920.470.650.790.640.70.920.79-0.120.830.480.710.12
SOL
AVAX
0.990.990.980.990.970.990.920.970.990.910.320.880.860.660.970.990.90.980.710.790.370.950.260.810.57
AVAX
MKR
0.40.390.430.410.230.420.170.440.350.21-0.290.150.060.420.470.330.360.48-0.14-0.120.370.270.060.190.84
MKR
ETH
0.950.950.890.940.940.930.940.880.950.970.380.890.930.70.890.940.780.90.830.830.950.270.340.780.5
ETH
LTC
0.270.370.170.280.40.240.40.190.310.320.520.390.370.130.10.250.040.230.540.480.260.060.340.190.25
LTC
ADA
0.780.810.770.780.830.820.880.770.780.780.590.880.790.620.760.820.880.780.690.710.810.190.780.190.3
ADA
FTM
0.60.590.610.610.460.590.350.610.580.44-0.170.330.290.490.630.530.460.660.160.120.570.840.50.250.3
FTM
MATIC
INJ
CRV
GRT
DOGE
NEAR
ALGO
ATOM
UNI
AAVE
XRP
XLM
LINK
TRX
SNX
SAND
BCH
DOT
BTC
SOL
AVAX
MKR
ETH
LTC
ADA
FTM

Lun. is a UK-based Bitcoin exchange that offers wallet and exchange services to multiple countries. Luno was formerly known as BitX. Co-founded by CEO Marcus Swanepoel and CTO Timothy Stranex, Luno launched in 2013 and has built a team of nearly 400 with its headquarters in London with regional hubs in Singapore and Cape Town. With over 5 million customers spanning in over 40 countries, Lun. s products and services aim to make it safe and easy to buy, sell, store and learn about cryptocurrencies like Bitcoin and Ethereum. Luno exchange native wallet is Luno Wallet. LinkedIn | Youtube

Every exchange in the market has its asset selection, and the market correlation between these assets is essential in building a portfolio that maximizes the risk-adjusted return on your crypto investing strategies. The correlation tables below can help investors find the exchange with the right combination of assets based on their objectives.
Choosing the best crypto exchanges is a crucial prerequisite in successful cryptocurrency trading. If you err when finding the best exchanges, the risks of losses and delays in payments are imminent. Due diligence when choosing the right platform to use is thus vital to protect your cryptocurrency investment. The goal of any cryptocurrency investor is maximizing return and minimizing risk. One strategy for maximizing risk-adjusted returns is selecting the exchange that offers trading pairs that are not perfectly correlated to each other. Additionally, investors can reduce their exposure to individual coin risk by holding a diversified digital asset portfolio on a given exchange. Diversification will allow for the same portfolio return with reduced risk. The correlation screener will help you find relationships between any cryptocurrency on a given exchange, enabling you to manage your cryptocurrency portfolio risk more effectively.