Covesting has continued to make inroads in the P2P asset management space with the development of a new versatile platform. The platform is designed to bring copy-trading and professional asset management to the cryptocurrency world, which follows after the successful launch of its token pre-sale last month.
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.
Until today, the exact details and screenshots of the platform were rather limited. However, Covesting released screenshots and details of how their platform will work on their Medium blog, giving investors and the crypto community some insight ahead of the MVP release coming in late November.
Covesting’s CEO Dmitrij Pruglo commented to Finance Magnates, “The MVP development phase has gone well in line with our expectations. We are creating a really cool product for investors and traders. By continuously adding features, building a strong community, and aggregating data, Covesting is about to become a leading blockchain based peer-2-peer asset management and trading platform for cryptocurrency markets.”
Everything you need to know about the Crypto Intelligence Portal
The Crypto Intelligence Portal was also announced this weekend, which was formulated through insight from Dinis Guarda. Dinis is listed as the 16th most influential individual in the blockchain industry and recently joined the Covesting team as an advisor. He founded tradingfloor.com, a knowledge base for traditional financial markets that offered tutorials, analysis and market takes.
The Crypto Intelligence Portal will operate similarly, and plans to launch with the MVP version of the platform. Covesting announced that Crypto Intelligence portal would include over thirty videos, insight from professional cryptocurrency traders, articles and instructions on trading cryptocurrencies, a FAQ, as well as specific information tailored to how to use their platform. The announcement comes at a much-needed time when a lot of new money and new investors are trying to enter the market on the back of the recent success of Bitcoin.
“The Crypto Intelligence Portal is all going to be original content. One of the things we pride ourselves on, is the Covesting community were actively building. Offering unique videos, professionally developed, is a big deal. We are trying to bring education and advice to investors and traders alike. It will be perfectly suitable for both professional traders and novice investors,” explained Covesting’s COO Tim Voronin.
Such developments come at a perfect time for Covesting, who just recently launched their Pre-ICO, receiving over 1,100 different investors and raising over 2,000 ETH in the first half of their Presale. Covesting provides unique opportunity to participate in Pre-ICO and benefit from platform growth by purchasing COV tokens at significant discount.
Want to learn more about the Covesting or participate in the ongoing pre-ICO? Visit covesting.io where you can access the full white paper, view the brilliant team behind Covesting, and learn more details about the Pre-ICO and project roadmap.