What Is The Covesting Ecosystem And How Can Traders Benefit?
Wednesday,28/09/2022|14:09GMTby
Prime XBT
Unprecedented benefits for traders
The Covesting ecosystem is unlike anything else found in the cryptocurrency industry, connecting a peer-to-peer copy trading community with the COV utility token and interest-bearing yield accounts that enable unprecedented benefits for traders.
Here is everything you need to know about the Covesting ecosystem found exclusively at PrimeXBT and the many benefits it offers.
What Is Covesting?
The Covesting copy trading module is an elite copy trading experience for traders of all skill levels. It was designed by the European fintech software developer and DLT services provider of the same name, who also launched the COV token and helped build yield accounts on PrimeXBT.
Together with the native utility token to the Covesting ecosystem, the COV token, traders can get even more mileage out of the margin trading platform and its features.
Copy Trading Community
All across the trading community, the Covesting leaderboards are the topic of discussion. The Covesting copy trading module connects top-ranked traders with followers who can automatically copy trades of those they choose to follow. Covesting Wall of Fame traders have reached as much as 90,000% ROI.
That type of money translates to a fortune for followers, who only give up a small portion of earnings to pay toward the strategy manager’s profit share model. Because strategy managers earn a cut, they are incentivized to keep profits churning and stay at the top of the fully transparent leaderboards.
Covesting Ecosystem Benefits
In terms of benefits, we’ve already covered many. Strategy managers, if successful, can earn more money than otherwise possible by leveraging follower’s capital. Followers can bypass all the technical analysis and tape-reading and let more skilled traders do the hard work. Both sides of the trade benefit synergistically from one another.
Other additional benefits can be unlocked via activating COV token memberships. COV token memberships come in Advanced, Premium, and Elite, and each unlocks an increasingly more powerful set of account utilities. These utilities include trading fee discounts for strategy managers, improved profit shares for followers, and up to a 2x APY boost in Covesting yield accounts.
Covesting Extras Enabled
There is a dedicated MyCOV section within PrimeXBT where Covesting users can toggle COV token memberships on and off. Vital statistics related to the COV token such as supply, burn rate, and price are included.
Another area of the Covesting ecosystem are yield accounts, which offer up to 14% APY during peak market conditions. Users can access the most popular DeFI applications from within the PrimeXBT dashboard to stake idle digital assets and earn a variable interest rate paid out in daily crypto rewards.
Covesting At PrimeXBT
The Covesting ecosystem of products and services is only available at the award-winning margin trading platform PrimeXBT. Covesting innovations are also part of the suite of tools found within the PrimeXBT mobile application — free for both Android and iOS devices.
Covesting is free to use with a PrimeXBT account. PrimeXBT is home to other powerful trading tools, such as weekly trading competitions and long and short positions on crypto, stock indices, commodities, and forex currencies. Get PrimeXBT and Covesting today.
The Covesting ecosystem is unlike anything else found in the cryptocurrency industry, connecting a peer-to-peer copy trading community with the COV utility token and interest-bearing yield accounts that enable unprecedented benefits for traders.
Here is everything you need to know about the Covesting ecosystem found exclusively at PrimeXBT and the many benefits it offers.
What Is Covesting?
The Covesting copy trading module is an elite copy trading experience for traders of all skill levels. It was designed by the European fintech software developer and DLT services provider of the same name, who also launched the COV token and helped build yield accounts on PrimeXBT.
Together with the native utility token to the Covesting ecosystem, the COV token, traders can get even more mileage out of the margin trading platform and its features.
Copy Trading Community
All across the trading community, the Covesting leaderboards are the topic of discussion. The Covesting copy trading module connects top-ranked traders with followers who can automatically copy trades of those they choose to follow. Covesting Wall of Fame traders have reached as much as 90,000% ROI.
That type of money translates to a fortune for followers, who only give up a small portion of earnings to pay toward the strategy manager’s profit share model. Because strategy managers earn a cut, they are incentivized to keep profits churning and stay at the top of the fully transparent leaderboards.
Covesting Ecosystem Benefits
In terms of benefits, we’ve already covered many. Strategy managers, if successful, can earn more money than otherwise possible by leveraging follower’s capital. Followers can bypass all the technical analysis and tape-reading and let more skilled traders do the hard work. Both sides of the trade benefit synergistically from one another.
Other additional benefits can be unlocked via activating COV token memberships. COV token memberships come in Advanced, Premium, and Elite, and each unlocks an increasingly more powerful set of account utilities. These utilities include trading fee discounts for strategy managers, improved profit shares for followers, and up to a 2x APY boost in Covesting yield accounts.
Covesting Extras Enabled
There is a dedicated MyCOV section within PrimeXBT where Covesting users can toggle COV token memberships on and off. Vital statistics related to the COV token such as supply, burn rate, and price are included.
Another area of the Covesting ecosystem are yield accounts, which offer up to 14% APY during peak market conditions. Users can access the most popular DeFI applications from within the PrimeXBT dashboard to stake idle digital assets and earn a variable interest rate paid out in daily crypto rewards.
Covesting At PrimeXBT
The Covesting ecosystem of products and services is only available at the award-winning margin trading platform PrimeXBT. Covesting innovations are also part of the suite of tools found within the PrimeXBT mobile application — free for both Android and iOS devices.
Covesting is free to use with a PrimeXBT account. PrimeXBT is home to other powerful trading tools, such as weekly trading competitions and long and short positions on crypto, stock indices, commodities, and forex currencies. Get PrimeXBT and Covesting today.
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We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
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Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
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Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise