Mirror the Money-Makers with Covesting

in #trading6 years ago

Please, allow me the pleasure of introducing you to Covesting. If you're immersed in the world of crypto and trading, there's a very good chance you may already be well acquainted. In case you're not however, Covesting is a new and upgraded cryptocurrency trading and exchange platform that offers the most technologically advanced features like no other that currently exists.

The platform boasts the highest possible industry standard in safety and security, with the ability to increase trading profits via multiple return methods - by changing nothing to the way you trade, and access to the most advanced charting software.

Let me elaborate now on increasing profits, because lets be honest - why else do we trade then, if not to make money?

The Covesting platform allows users to mirror the moves of professional traders. Any trader may chose to "follow" a selected professional trader and trade exactly as they do. If they trade successfully then both profit, which is a pretty sweet deal, when you consider a less experienced trader probably wouldn't have made such moves. And lets not forget the pro trader, who gains an 18% fee for EACH of their followers successful trades (yes, they may gain unlimited followers!).

Another way of increasing revenue on the platform is by simply referring your friends. Users receive up to 40% of all fees paid directly by users that they have referred in real time, ongoing. Indefinitely. So, If you don't have friends who're into crypto, my guess is you'll start converting them now.

Moreso, on the topic of money making, Covesting utilises its very own COV token as its payment system. The fact that users must use COV, means as long as there is a use-case for the trading platform (which there absolutely is), then there is great value in this token. There are only 20 million COV in total supply with 17.5 million in circulation. This is a wonderfully low supply of the token with the potential to vastly increase, as the popularity of the platform inevitably grows and the supply decreases.

The COV token supply systematically decreases via Covesting's plan to "buy back and burn". So, 50% of fees generated by the platform will be used to buy the COV tokens and burn continuously i.e. these tokens will be locked in a smart contract and never released, which helps in reducing the token supply and increasing the value of the COV token.

Now, lets talk about security and safety. Covesting are DLT licensed and registered in Gibraltar, who are renowned for their strict regulations and KYC policies. A DLT Provider is required have systems in place to prevent, detect and disclose financial crime risks, as well the ability to demonstrate it has adequate financial and non-financial resources. This means a sustainability of business model, maintenance, retention of books, records, and sound audit and reporting standards.

Lastly I feel I must mention the tech, as the above points address the innovative concepts. The Covesting platform will empower its users by providing them with the benefits of the most advanced technology, from quick and responsive transaction execution, tight spreads, and aggregated liquidity from multiple exchanges. Users can discover and leverage algorithmic strategies and arbitrage trading bots.

Covesting plans to provide the ultimate, all-in-one cryptocurrency destination and trading tool.

To find out more about Covesting you can check out their website: https://covesting.io/, and the live beta version, which you can register and start using now. The official launch of the platform is coming soon - within this Q3, 2018, as well the launch of the app that is out any day now.

Sort:  

@catk, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

Thank you in advance!

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.027
BTC 60462.58
ETH 2636.31
USDT 1.00
SBD 2.58