Every successful trader comes to a point where he feels confident to manage client’s money. Crypto currency traders are not an exception. Setting up an infrastructure for accepting investments, registering a fund and building necessary relationships with exchanges could be time and money consuming.
It takes hard work, costs and many years of effort to build trust and reputation in order to raise funds. As a result, many successful traders and digital asset managers are being overlooked and end up having no access to investors capital, limiting their opportunities and narrowing earnings potential.
Former Saxo Bank managers teamed up to find a solution. And they did. Inspired by traditional copy-trading platforms, Covesting allows everyday investors to search and compare the performance of hundreds of proven cryptocurrency traders and mirror their trades automatically. At the same time, Covesting platform helps investing talents bring their trading results in front of the public and compete with other traders in the equally-fair environment.
With Covesting platform, every cryptocurrency trader can become a successful asset manager and earn additional income by allowing others to copy his/her trades. In order to make copy-trading possible, members simply link Covesting “Models” to their existing accounts at external crypto exchange through API and continue trading as they did before.
Similar to original asset management profit distribution, all traders will be rewarded with 18% success fees from all profits generated by the investors-followers.
Dmitrij Pruglo, Founder of Covesting commented:
“This platform is built by traders, for traders. We will create a transparent venue, where only one thing matters – performance. The more successful member is, the more followers he will be able to get and more money to make from profitable trading. It’s a peer to peer asset management, leaving all intermediaries behind.”
In order to develop the platform within the shortest period of time, Covesting team has decided to go for Initial Coin Offering (ICO). All proceeds from the token sale will fund the product launch, continued platform development, and user acquisition.
There will be a token Presale arranged for partners willing to purchase COV tokens prior to the public ICO at the special rate. However, amount of tokens is limited to 1.500.000 (5.000ETH).
Presale will start on October 20th. All early contributors will benefit from substantial discounts during both – PreICO and ICO.
Pre-ICO rate: 1ETH = 300 COV
ICO average rate: 1ETH=150 COV
Talented traders wanted
Covesting is looking for experienced cryptocurrency traders willing to join Platform at the initial launch and start building their track record from day one. By signing up before December 24th, all members will benefit from significantly larger success fees generated by profitable trading on the platform. Instead of usual 18%, registered traders will be rewarded with 25% from total profits generated by investors-followers.
The registration form can be found on the official website https://covesting.io and is open for everyone who has previous experience in online crypto trading.