Covesting ‎Token to Be Listed on HitBTC Exchange Next Month

Covesting has announced this week that ‎it has received over 300 ‎applications ‎from ‎professional crypto traders.

Cryptocurrency copy-trading platform Covesting has continued to make ‎inroads in the space, today announcing its latest achievement with the ‎successful resolution of all formalities to list its tokens on the HitBTC ‎exchange, effective January 20, 2018.‎

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Having just finished a successful pre-ICO period which resulted in well over $1 million ‎in funding, Covesting‎ is now providing its loyal contributors with this added ‎value partnership, which allows the token to be convertible against many cryptocurrencies.‎

Meanwhile, the startup noted that a recent hype around its offering has ‎driven in a sixfold increase in the amount of contributions, in which over $7.5 million was ‎raised from 8,000 investors.‎

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On the operations front, Covesting announced this week that ‎it has received over 300 applications so far from ‎professional crypto traders. The platform is designed to bring copy-‎trading and professional asset management to the cryptocurrency world. ‎

Operating since 2014, HitBTC Exchange is one of the largest cryptocurrency ‎exchanges in terms of trading volume, exceeding half a ‎billion a day. HitBTC is in top 5 on global scale with its platform offering the ‎exchange of ‎200 different cryptocurrencies‎ to Bitcoins, as well as the most ‎famous altcoins. ‎

On the listing, Covesting CEO Dmitrij Pruglo stated: “Covesting has ‎grown enormously in just the last month, we have raised considerable ‎amounts of contributions, grown the scope of the project, and now we are ‎officially going to be listed on an exchange with over $1 billion in daily ‎volume. Our listing on HitBTC is just the beginning, to start off on one of the ‎world’s largest exchanges is really something special. We’ll leverage this ‎opportunity to expand Covesting into as many other exchanges as we can.”‎

Covesting allows everyday investors to search and ‎compare the performance of hundreds of proven crypto ‎currency 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, facilitating the ability to invest ‎intelligently in a booming new market.‎

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