Covesting

Covesting - the first platform for copying transactions in the crypto currency market

I want to offer you a very interesting project. You can briefly call it a project for "lazy" traders. Why? Yes, because its main idea is the copying of transactions of professional traders at the crypto-exchange market. You may not be an excellent trader specialist, but now you have the opportunity to "spy" on what operations other, more experienced exchange participants are making. Thanks to the Covesting platform, you can copy any trading strategy (model) you like and take your profit by simply observing how others work.

Already now you can take part in PreICO (pre-sale) and purchase CoV tokens with a 3-fold advantage: https://covesting.io/

What is Covesting

Covesting makes a technological breakthrough - after all, now hundreds of professionals are trading for you! Covesting is a platform based on the Ethereum blockchain smart contract system. The prototype of the platform Covesting is announced on November 20, 2017.

Thanks to technological solutions and smart contracts, the Covesting platform allows users to copy trade activity according to the chosen behavior model and save all the data in their personal account of the Covesting platform.

Thus, investors enjoy peace of mind, knowing that their funds are managed by the best professionals of the industry, and managers (managers) of exchange strategies benefit from the fact that someone else uses their professional skills. Copy-trading - a new word for crypto trading.

The Covesting platform is ready to help investors from all over the world use professional services to manage their assets, through a copying strategy in the digital currency market.

More information about the technical features of Covesting can be found on the WhitePaper link: https://covesting.io/Covesting_White_Paper.pdf

Problems and cryptotrading

The rapidly growing number of ICOs led to the emergence of more than 1,000 new crypto-currencies (coins), market professionals successfully trade them daily, which provides high returns for many investors.

Now there are new opportunities in the field of investment. Crypto-currency markets are open 24 hours a day, seven days a week, and the development of crypto-currency and blockchain technologies has a huge potential - all these are the best indicators for the growth and development of exchange-traded crypto currency trading.

Yes, you can easily become an investor, stock trading is open to everyone, but here for an inexperienced trader usually there are some common problems. Trade in crypto currency occurs on several exchanges, all of which have different rules. Most potential investors are lost at this stage. Another problem is volatility, which can negatively affect the overall trading result of any private investor.

In addition, training in stock exchange trading does not provide any guarantee of its successful conduct, sometimes it takes a lot of experience, in the process of its work, it is possible to fill many cones and lose their investments. And often disappointed and completely abandon the investment.

In such a situation, it goes without saying, an experienced manager (trader) is already in a better position. Created by a professional trader, a ready diversified portfolio (fund) guarantees profit. However, among a huge number of private crypto traders it is difficult to find the optimal offer, and cryptotraders (managers) in turn are in search of good investors, which takes a lot of time and energy from both sides, they lose the opportunity to optimize their profits as much as possible.

With the development of blockchain technology, crypto-active trade is gaining momentum, more and more managers are offering their services to investors. According to the evaluation of developers of the Covesting platform, in two years more than three hundred professionally managed crypto-currency funds will appear, and the market will already have thousands of trader operations. In this connection, a system of trust, guarantee and professional search is simply necessary.

Covesting will make you a successful user of the crypto markethttps://covesting.io/

Thanks to the platform Covesting exchange managers of digital funds and investors will be able to interact on an effective and safe basis, the first - they represent their strategy, the second - they choose the best suitable.

The Covesting platform will allow investors to search and compare the results of hundreds of trusted crypto currency traders. After the investor subscribes to the most appropriate strategy - the system automatically synchronizes all trading activities from the chosen investment model to the account of the Covesting platform, thereby ensuring the convenience of asset management.

Each investor can diversify their investments, following up to 20 different models (traders) simultaneously. This strategy allows you to protect yourself from huge losses.

Managers-traders receive a fee of 18% commission for the success of all profits received by their followers, the commission for using the services of the platform is an additional 10%, investors receive the remaining 72% of the profit, which can be immediately withdrawn or reinvested.

The Platform commission - 10%, will be charged in the contract of CoV Asset, the rights to which will be kept by members of the community who own CoV tokens.

The prototype of the platform Covesting is announced on November 20, 2017, before the planned ICO on November 24. This will allow all participants to familiarize themselves with the interface and the main features of the platform and to experience how simple, convenient and productive it is.

More information about the technical features of Covesting can be found on the WhitePaper link: https://covesting.io/Covesting_White_Paper.pdf

How to become a member of the Covesting platform

1. To join. Register on Covesting, fill out a simple form and fund your account with a currency, CoV, BTC or Eth.

2. Find the best traders. Compare the performance of hundreds of successful managers and choose one or more suitable to your requirements and goals models.

3. Copy the transaction. After you find the strategy or strategy that you want to follow, just click "Subscribe." You will be asked to indicate the percentage of funds that you want to allocate to the strategy.

4. Monitoring and control. Now you can sit back and watch how professional traders do their work for you. All transactions from this moment will be copied automatically.

The most important thing is that you control. You can manage your portfolio by subscribing to new strategies or stop copying the trader at any time.

Covesting the token

Covesting uses a prototype ERC20 token and a smart contract system based on Ethereum blockchain, the token is intended for use within the Covesting platform. Following this standard, Covesting-CoV tokens are easily forwarded between users using ERC20-compatible wallets and can be seamlessly integrated into 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 between developers of the platform Covesting and frozen in a smart contract for 3 months, the rest - for awards and PR campaigns.

Pre-ICO tokens CoV

Preliminary sale of CoV tokens will take place from October 20 to November 19, 2017. Cost: 1 ETH = 300 CoV. Only 1.500.000 CoV is issued at a special price for pre-sale.

All early participants of the Pre-ICO will receive bonuses, thereby they will already be guaranteed a profit. As soon as the Covesting platform is launched, the CoV tokens will be available for purchase at a much higher price: 1ETH = 100 CoV.

This means that if you participate in Pre-ICO now, you can easily increase your capital at least three times, with a very likely increase to 30 times, once CoV starts trading on the stock exchange.

ICO tokens CoV

The main stage of the sale of CoV tokens will be announced on the site https://covesting.io/ from November 24, 2017. The sale of tokens will last 30 days. The goal of Covesting is to collect a hard cap of 100,000 ETH. A smart contract will cease to accept funds when the specified hard cap is collected.

Below is a table showing each increase in the price of CoV, depending on the total amount collected by ETH during the ICO.

Benefits for holders of CoV tokens

Once the Covesting platform is operational, all CoV tokens holders will be awarded by distributing part of the accrued commission fees under the contracts. Team Covesting decided to choose a more efficient method of payment - ransom and "burning". Technically, it is supposed to systematically buy CoV tokens on stock exchanges and "burn" them. "Burning" means that the purchased tokens will be removed from the market, so that the total supply of tokens in CoV will be reduced. This will significantly increase the cost of CoV over time. The Covesting team aims to allocate at least 50% of all platform revenues for systematic buyout and "incineration".

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

The goal of Covesting is to become the leading copy-trading platform for the crypto currency market by 2019. It is expected that in 2019 the Covesting platform will have more than 5,000 active users and combined assets under management for $ 50 million. On the platform, special trading algorithms and bots will be available for use.