With the rapidly increasing trends of crypto markets, the investors are being attracted big time now to make profits from the huge growth potential projects and their tokens. The market cap of the crypto market is continuously growing, it was under $100 billion a few months ago and currently, it is over $250 billion and expected to cross $1000 billion in a year. A lot of people who got in a few years ago made killing profits by just investing in the top 2 biggest cryptocurrencies like bitcoin and ethereum that have already grown tens of folds.
Every day hundreds of new traders and investors from traditional markets like stock, commodities, forex and indexes are switching to crypto. Not only individual investors but the institutional investors and banks are also taking their positions in the crypto market.
The problem arises when newbie traders or the people with no strategy enters the market and make big losses. There should be a way to learn from the expert traders with a profitable strategy and risk management experience. This sort of service is commonly available for forex traders and investors called auto copy trading and PAMM accounts.
Covesting Concept:
Covesting is coming up with a solution for newbie traders or people that do not have extra time for analysis or setting up their own strategy. Covesting will provide a bridge between the expert traders and the investors. Covesting is developing an out of the box platform that will connect successful traders with the investors. Full featured dashboard will provide all the details that are required by the investors to select an expert trader for them. Each investor will be able to copy upto 20 traders at a time, so it will be hassle free to copy the best traders and make constant profits, reducing risks and creating a successful portfolio of investments from a single account.
Benefits of Covesting Platform:
- Connects the investors with experienced traders and fund managers.
- Helps in creating a diversified portfolio for the investors.
- Smart and profitable all in one asset management platform for investors of all sizes.
- Hassle free of all the trades from multiple expert traders within one account.
- Profitable for expert traders, as they will earn a good percentage of share for each successful trade.
- Covesting platform will help grow the overall crypto market cap by attracting new investors.
- Covesting platform will simplify trading and investments in the crypto market and make it profitable.
- Real time statistics keep investors updated with the performance of each trader they follow.
- An easy marketplace for fund managers and investors, a win-win for all.
- Detailed information about each trader's performance history and investor reviews will also be provided.
Tokensale Details:
The covesting project is represented by its Eth based ERC-20 token called COV. Crowdsale will remain open till 24th December. Any unsold tokens will be burnt after the crowdsale ends. COV tokens will be required to use the platform services, so the value, demand and price of the tokens will keep increasing as the use and volume of the platform increases.
Conclusive Comments and Official Links:
Covesting is coming up with a well thought out concept and a platform that will provide solutions for both the traders and the investors. The team is itself very competent and have years of trading experience. The alpha version of platform is already out and it does look stunning, I am sure Covesting will provide real value to its users and the funding phase will also be a success.
Please find all the official links related to covesting below and stay connected:
Website: https://covesting.io/
Whitepaper: https://covesting.io/Covesting_White_Paper.pdf
MVP Link: http://mvp.covesting.io/#/
Facebook: https://facebook.com/covesting
Twitter: https://twitter.com/covesting
Telegram: https://t.me/covesting
Medium: https://medium.com/@Covesting
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