Covesting - Meeting Investors and Cryptographic Specialists

in #covesting6 years ago (edited)

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One can briefly call it a project for "lazy" traders, which is why its main idea is to copy the transactions of professional traders on the cryptocurrency market. a great trade specialist, but now you have the opportunity to "spy on" what others do, more experienced exchange participants, more experienced exchange participants, thanks to the Covesting platform, you can copy any trading strategy (model) you like and profit by just observing how others work.

What is Covesting?

Covesting is a copy trading platform created for investors and cryptocurrency traders. Covesting allows its users to search and compare the performance of hundreds of trusted managers with digital assets and copy their transactions automatically.
While asset managers receive additional revenue from profitable marketing, investors can be assured that their funds are managed by industry professionals. The platform automates digital asset management processes and solves problems of trust and security, making investments transparent, simple and reliable. It aims to bring professional traders closer to investors by offering a decentralized copy negotiation platform. The platform will be similar to the way the popular etoro platform works, but for the cryptocurrency market instead of the stock market.

Thanks to the Covesting platform, stock exchange managers can interact with digital funds and investors in an effective and safe manner, the first one represents their strategy, the second, they choose the most appropriate one. The hedging platform will allow investors to search and compare the results of hundreds of trusted cryptocurrencies. Once the investor chooses the most appropriate strategy, the system automatically synchronizes all business activities of the selected investment model to the hedge platform account, ensuring the convenience of asset management.

Each investor can diversify their investments while continuing up to 20 different models (traders). This strategy allows you to protect yourself from important losses.

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How it Works

Users can easily navigate through dozens of trading strategies, provided that by professional digital asset managers and sign the corresponding their goals.

Each investor can diversify investments by signing up to 20 different business models with individual risk management for each allocation.

Our platform allows investors to get an overview of each strategy, real-time access, and historical market performance, read reviews and even ask questions.

Consolidated, real-time reporting allows investors to get a complete picture of all investments at any time.

Project Idea

  • The current cryptographic market is growing fast, and profitable cryptographic traders have benefited. Covesting is a platform that connects these profitable cryptographic traders and investors. The goal is to introduce the Covesting platform to the cryptographic market, enabling investors worldwide to enjoy asset management services.
  • Investors can search the performance of proven cryptographic trading professionals through Covesting and follow their cryptographic transaction history. On the other hand, cryptographic trading professionals can reveal their transaction history, which allows investors to earn additional revenue when they check and track their transactions.

Advantages of the Platform

The Coverage of innovation is the project of the copy trade in the cryptocurrency market. Advantages of the platform for the participants:
  • Investors obtained 70% of the profits with a high security of the transactions, and the merchants received an additional 18% of the profits of the investors for granting the right to copy the transactions. At the same time, all the participants of the system are interested in each other and create an environment of mutual benefit.
  • The high professional level is already at the beginning. Dmitry Pruglau and Timofei Voronin, due to their work at Saxo Bank, have extensive experience in online commerce.
  • High market potential. The institutional managers handle funds of more than $ 70 billion. Even a small portion of this market is the key to the successful development of this direction for digital assets.
  • Developing a career as an asset manager. The platform and the server become a successful asset manager simply by means of the profitable exchange with cryptographic currency in your usual account.

Feature & Tech

  • When a cryptographic trading expert gains revenue through a cryptographic trading activity, the investor earns revenue by following the trading activity of a cryptographic trading expert. When profits are made, a cryptographic trading expert earns a commission of about 18%, and Covesting gets a 10% commission. Investors will eventually earn a 72% return.
  • COV tokens are used by investors and cryptographic traders to participate in the Covesting platform. You must purchase a COV token to verify the trading activity of the cryptographic trading specialist.
  • For investors, you can trade at the same level as a professional through a small fee. On the other hand, in terms of cryptographic traders, Covesting can be easily traded with external exchanges and earn additional profits.

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Covest Token

Covesting uses an ERC20 token prototype and a Smart Contract system based on the Ethereum Blockchain. The token is intended for use within the coverage platform. Under this standard, the collection of CoV tokens can easily be forwarded to users through wallets compatible with ERC20 and are perfectly integrated with the exchanges.

A total of 20,000,000 CoV tokens will be issued, including 1,500,000 for PreICO (pre-sale) and 15,000,000 for ICO. Another 2,500,000 will be divided among the developers of the Covesting platform and will be frozen in a smart contract for 3 months, the rest for prizes and public relations campaigns.

Benefits for CoV Tokens Holders

Once the hedge platform is up and running, all CoV token holders will be awarded by distributing a portion of the commissions accrued under the contracts. Team Covesting opted for a more efficient payment method: rescue and "burn". Technically, you should systematically buy CoV chips in stock exchanges and "burn them." "Burning" means that purchased tokens are removed from the market, which reduces the total number of tokens in CoV. This will significantly increase the cost of CoV over time. The Covesting team wants to provide at least 50% of all revenues from the platform for the systematic purchase and "burn".

The Covesting team has a solid track record in the financial markets, is ambitious and is motivated to develop a project that meets all the requirements to create a new era of investment in the digital currency.

The objective of Covesting is to become the leading copying platform for the cryptocurrency market by 2019. The 2019 Covesting platform is expected to have more than 5,000 active users and $ 50 million in assets under management. Special negotiation algorithms and bots are available on the platform.

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Talented Traders

Covesting is looking for experienced cryptographic traders to join the platform in the early launch and build their track record from day one. By signing before December 24th, every member benefits from a significantly greater success fee generated from profitable deals on the platform. Instead of the usual 18%, registered traders will receive 25% compensation from the total revenue generated by the investor-follower.

#traders #platform #investor #markets #currency #trading #cryptocurrency #investment #exchange #bitcoin #erc20 #ethereum #investing

For more information about the project and the opportunities to participate, go to the links below:

Website: https://covesting.io
White Paper: https://covesting.io/static/Covesting_White_Paper.pdf
Telegram: https://t.me/covesting
Facebook: https://facebook.com/covesting
Twitter: https://twitter.com/covesting
Medium: https://medium.com/Covesting
Github: https://github.com/covesting/covesting-io

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You're very good by write articles, I compared this one with other Promotion for this project and have to say, your article is more appealing, so keep it up with your good work.

Great work bro. Very informative post you have. Keep going on and sharing the information based post regularly. In the current context steemit is the best alternative to sharing the information and earn a little bit also.

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very nice post

@vital-bd it's impressive post, you always do lot's of research, it very good

thanks brother :)

Good project and good work

Now there are a lot of projects that are aimed at beginning traders, it will not be easy to break through.

Interesting review, I'll take the draft for a note!

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