Following Gibraltar License, Covesting Crypto Platform Soft Launches
- The announcement comes less than a month after Gibraltar’s regulator awarded Covesting its bespoke license for blockchain firms.
European cryptocurrency exchange Covesting on Tuesday announced the ‘soft launch’ of its Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real , which aims to bring financial trading and professional asset management providers to the cryptocurrency world.
The announcement comes less than a month after Gibraltar’s regulator awarded Covesting its bespoke license for blockchain firms using distributed ledger technology.
Using a Software-as-a-Service delivery model, Covesting has executed a series of default tests that apply to interface/UIX issues, problems with order execution and data representation/calculation issues. The move comes after seeding the beta to selected 200 testers who have been provided with an initial deposit of 0.2ETH to explore all available features and report bugs on the platform.
Covesting plans to officially roll out additional fiat funding methods including bank wires, transfers, credit cards. In the coming weeks, it will invite post-ICO projects to list their tokens on the exchange. Covesting says its team will perform a careful evaluation and due diligence before each listing.
Operations Inside a Regulated Framework
The soft launch builds off the success of Covesting’s previous developments, which included its initial-coin-offering (ICO) last December, the deployment of its Crypto Intelligence Portal, as well as its recruitment strategy that saw veteran Saxo Bank executives, Kurt Carlsson, and Peter Kristenson join its ranks.
Covesting allows everyday investors to search and compare the performance of hundreds of proven cryptocurrency traders and mirror their trades automatically. Simultaneously, the Covesting platform helps investing talents bring their results to light, whereby competing with other traders in the equally fair environment.
Covesting was initially started by Dmitrij Pruglo, as well as several other ex-Saxo Bank managers who collectively boast an extensive background in FX, equity, and derivatives trading. Their platform aims to bring ordinary investors who do not have the time or tech knowledge to invest in Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw , facilitating the ability to invest intelligently in a booming new market.
European cryptocurrency exchange Covesting on Tuesday announced the ‘soft launch’ of its Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real , which aims to bring financial trading and professional asset management providers to the cryptocurrency world.
The announcement comes less than a month after Gibraltar’s regulator awarded Covesting its bespoke license for blockchain firms using distributed ledger technology.
Using a Software-as-a-Service delivery model, Covesting has executed a series of default tests that apply to interface/UIX issues, problems with order execution and data representation/calculation issues. The move comes after seeding the beta to selected 200 testers who have been provided with an initial deposit of 0.2ETH to explore all available features and report bugs on the platform.
Covesting plans to officially roll out additional fiat funding methods including bank wires, transfers, credit cards. In the coming weeks, it will invite post-ICO projects to list their tokens on the exchange. Covesting says its team will perform a careful evaluation and due diligence before each listing.
Operations Inside a Regulated Framework
The soft launch builds off the success of Covesting’s previous developments, which included its initial-coin-offering (ICO) last December, the deployment of its Crypto Intelligence Portal, as well as its recruitment strategy that saw veteran Saxo Bank executives, Kurt Carlsson, and Peter Kristenson join its ranks.
Covesting allows everyday investors to search and compare the performance of hundreds of proven cryptocurrency traders and mirror their trades automatically. Simultaneously, the Covesting platform helps investing talents bring their results to light, whereby competing with other traders in the equally fair environment.
Covesting was initially started by Dmitrij Pruglo, as well as several other ex-Saxo Bank managers who collectively boast an extensive background in FX, equity, and derivatives trading. Their platform aims to bring ordinary investors who do not have the time or tech knowledge to invest in Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw , facilitating the ability to invest intelligently in a booming new market.