COVESTING is the ultimate platform for investors and cryptocurrency traders who are looking to utilize the most advanced trading tools and technology, as well as the combined wisdom of the community in order achieve maximum returns in cryptocurrency markets. In its infancy, COVESTING has experienced rapid changes and conceptual upgrades from the moment when the first idea of a peer-2-peer digital asset management platform was disclosed by the founder, former Saxo Bank trader, Dmitrij Pruglo. Technological discoveries, as well as ambitious scalability opportunities have arisen which brought COVESTING to a completely new level.
Backed by a strong team of industry professionals, COVESTING is on a clear path to become an ultimate solution for investors and cryptocurrency traders. It will cover every aspect related to cryptocurrency trading, from education, market overview and trading ideas to the unique concept of p2p asset management, liquidity aggregation and ultimately the most advanced trading station ever.
Copy trading enables investors to automatically copy positions opened and managed by a selected crypto currency trader. Investors can select strategies that match their personal trading preferences, such as risk tolerance and past trading performance. Once a strategy been selected, all the signals sent by the strategy will be automatically applied to the user’s account at Covesting. No intervention is required by the user as all the account activity is controlled by the platform. Copy-trading is widely used in traditional markets, and has extremely positive reputation among its users. It creates perfect synergy and mutually-beneficial environment for both investors and traders.
The Investors account section, which provides multi-currency wallets, portfolio overview and statistics.
• The Marketplace of trading Models, where each investor can search and compare all the strategies provided by Model Managers. From here, investors select the most suitable trading Models and can start subscribing.
• Traders Dashboard, which allows traders to create up to 10 trading Models by linking external trading accounts through our API. It includes a trading strategy description as well as detailed information about TOP holdings. It also tracks performance by day, month and year, and features a snapshot of trading statistics. The dashboard represents detailed trading history and allows you to export various reports.
• The COVESTING segregated trading accounts section is used for replicating trading activity from the Models. COVESTING will use API connections, smart contracts, and aggregated liquidity to execute and mirror trades, distribute requested funds and provide detailed performance data to users on the backend.
The public ICO will be held on the Covesting.io website starting on November 24th. The token sale will last for 30 days. COVESTING aims to accept up to 100,000 ETH from our initial token contributors. The COV smart contract will stop accepting commitments when the 100,000 hard cap has been reached. Below is a table representing each COV price increase depending on total number of ETH committed during ICO.