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Covesting aims to address problems that every inexperienced cryptocurrency investor faces – lack of knowledge and experience. Covesting’s new platform allows investors to simply ‘copy’ portfolios of more experienced traders with copy trading.
What is Copy Trading?
Copy trading is almost as simple as it sounds. If you see somebody whose investments impress or interest you – you copy them. The best trading platforms allow one-click copy trading. If you hit the COPY button, your account will automatically copy every single trade that the other trader makes. Your trading account will also be automatically credited whenever the person you are copying makes a profit.
The Benefits of Copy Trading
- The first benefit is the opportunity to learn from people with a proven track record. Copy trading allows you to learn how an asset performs and when (and why) traders choose to open and close trades.
- The second big benefit of copy trading is that it allows for rapid diversification with exposure to a wide range of assets.
- The third benefit of copy trading is that there is a trading tool that reduces the need to continually monitor your portfolio.
Covesting’s Revolutionary Decentralized Platform
Covesting’s platform helps inexperienced investors and experienced cryptocurrency traders find each other and create a mutually beneficial environment.
The platform allows investors to easily browse through dozens of trading strategies and subscribe to the ones matching their goals.
The Team
Covesting project is established by a team with strong background in global financial markets. Working in one of the most rapidly expanding brokerage companies in the world – Saxo Bank, former managers have acquired all necessary experience needed for the development of the revolutionary copy-trading platform.
Dmitrij Pruglo, CEO and ideologist of Covesting project offered few words on the company’s perspectives, stating:
“Covesting is bringing a time tested solution of peer to peer asset management to the cryptocurrency markets. Social trading model works really well in traditional markets, so we are confident that copy-trading platform for crypto will also become a widely used solution among traders and investors.”
Token Sale
Covesting is preparing for the presale of its COV tokens, starting Oct. 20, 2017. The pre-ICO will take place on the official website Covesting.io.
Tokens will be sold at the value of 1 ETH = 300 COV. This is a significant discount compared to its ICO value later on this year which will be 1ETH = 150 COV.
Only 1,500,000 COV tokens (equivalent of 5000 ETH) will be issued during the pre-ICO. Tokens will be sold on first-come, first-served basis, therefore availability of tokens can’t be guaranteed for all interested participants.
Learn More
Learn more about Covesting: https://covesting.io
Covesting whitepaper: https://covesting.io/Covesting_White_Paper.pdf
Follow Covesting on Facebook: https://www.facebook.com/covesting
Follow Covesting on Twitter: https://twitter.com/covesting
Join Covesting on Telegram: at https://t.me/covesting
This is a paid press release. CryptosRUs does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. CryptosRUs is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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