Covesting presents their mobile app! - Regulation-compliant Exchange!
Covesting is a project I have been keeping a close eye on for a while now. It is an upcoming cryptocurrency exchange with a few important twists...
What Sets Covesting Apart.
First of all, the team behind this project are ex-employees from Saxo Bank and they are determined to make their exchange fully regulation-compliant. For instance, they've applied for an official DLT license which should help attract institutional investors to the platform. The team distinguishes itself by its professionalism.
Second, the exchange will offer the possibility for users to partake in copy-trading...And that's a big deal. Copy-trading allows investors to automatically copy trades from professional traders, meaning investors will be able to make passive income and profit from the ups and downs of the market with the knowledge that their assets are in good hands. In my case, I know this will free up a bunch of time that I can invest in other productive activities such as coding.
Third, 50% of the profits from fees will be used to buy back and burn the COV tokens that power the exchange. Such a scheme will increase the liquidity of the tokens and increase the price in the long term. COV is a great token to hodl, especially at its current price.
And finally the big news...
The Mobile App!
Thanks to its mobile app, Covesting will allows its users to trade on the go. From the official images released, it is clear that the product will meet the high standards set by the Covesting team and will share the same professional look as all their products.
The app will be yet another differentiating factor from other exchanges which should help the platform gain traction.
I invite everyone to keep an eye on Covesting, a project bubbling with potential!
Sign up to Covesting!
By signing up through my referral link, you will automatically get a 50$ credit for trading fees. Also, if you are among the first 25000 you get a bonus 300$ credit.
https://www.covesting.io/?ref=17547