The digital currency platform of copy-trading, namely Covesting, has become one of the most famous blockchain-based platforms. Now, it has declared its latest accomplishment with a successful intention to list its COV tokens on the exchange platform named HitBTC, which will come into force on 20th January 2018.
Covesting has just finished its pre-initial coin offering sale that generated revenue of around 1 million dollars. Covesting is going to offer an added value partnership to every one of its faithful contributors that enables the users to convert their tokens in any other cryptocurrency.
Although this company has noticed that the recent increase in its offering has raised the amount of contributions by 6 times wherein more than 7.5 M dollars were raised from around 8k investors. Covesting has received more than 300 applications until now from its professional traders of cryptocurrency. This platform has been created to introduce asset management and copy-trading in the industry of cryptocurrency.
HitBTC is one of the biggest exchange platforms of cryptocurrency that came into existence in the year 2014. HitBTC is listed on top 5 on an international scale as this platform offers exchange of more than 200 different digital currencies to altcoins as well as Bitcoins.
Mr. Dmitrij Pruglo, the chief executive officer of Covesting, mentioned that it has experienced tremendous growth in the past one month. He also stated that Covesting has raised a sufficient amount of funds, which has increased the purview of the project. He was excited to announce that they will be listed on HitBTC with more than 1 billion dollars as a daily volume. Mr. Pruglo also said that they are very happy to begin with one of the main platforms of cryptocurrency in the whole world. Covesting is going to take the full advantage of this opportunity and extend it into as many exchanges as possible.
Covesting enables daily investors to find and do the comparison of the performances of the known traders of cryptocurrency and imitate their trades naturally. Concurrently, this platform assists new investors to get better. Plus, the investors get a chance to contend against other traders in the same ambience.
Covesting is a great place for the crypto-asset traders to interact with new traders of cryptocurrency in a secure, effective, and transparent way. The Covesting platform is focused on bringing cryptocurrency investment and p2p business models together. Covesting has offered a wonderful chance to make use of the knowledge of experienced traders to receive secure and positive trading results.
A peer to peer model is decentralized in itself where two persons directly interact with one another without the use of any third party. The buyer and seller can do transactions with one another with the help of its peer to peer service. Some of the examples of peer to peer services are open source software, Etsy, eBay, Uber, and BitTorrent. If you want to get more details about Covesting and its peer to peer asset management platform, then read its whitepaper.