Covesting, the first crypto copy-trading platform, launching in the first quarter of 2018, has announced they are expanding beyond copy-trading after meeting with advisors and raising $1.1M in their Pre-ICO. Covesting, which is led by a team of ex-Saxo Bankers, is allowing ordinary investors to copy the trades of the most successful professional cryptocurrency traders on the market. After officially incorporating in Gibraltar, meetings were held with strategic advisors and their partners such as Tradingview.com and several crypto exchanges, Covesting decided to expand its roadmap to include several big initiatives such as liquidity aggregation, a trading terminal, as well as the Crypto Intelligence Portal.
COVESTING ICO is now LIVE! Join Token sale by visiting https://t.co/WhMO1wQLdi
Revolutionary Peer-2-Peer asset management platform combined with the most complete infrastructure for investors and cryptocurrency traders pic.twitter.com/sZ0liD6gKG
— Covesting (@covesting) November 26, 2017
The importance of a liquidity aggregator and a trading terminal cannot be underestimated. The combined technologies would allow traders to execute trades through many of the largest exchanges in the world, all through the Covesting platform. Even more attractive than the fact traders will be able to use one terminal to trade on many different exchanges, is the platform’s ability to select the best price from all exchanges. Instead of researching which exchange has the best rate at any given time, the Covesting trading terminal will be able to execute the most favorable trade for every trade made and execute it based on the best price currently available on the market.
https://t.co/QKhEcxWU22 COVESTING has experienced conceptual upgrades from the moment when the first idea of a peer-2-peer digital asset management platform was disclosed. Find out more about COVESTING at covesting.io pic.twitter.com/3OKN97V37L
— Covesting (@covesting) December 5, 2017
To attract novice investors, and educate the community, Covesting has already hired a team of producers in Hollywood, California to shoot 15 professional cryptocurrency lessons for trading cryptocurrency. The Crypto Intelligence Portal will also serve as a discussion board and knowledge base for all things crypto. Educating the members of the community has been a primary objective for the Covesting project since its inception and the addition of Dinis Guarda, one of the top 20 most influential people in the blockchain community, has spurred its growth after he successfully created Tradingview.com, a similar site for traditional financial markets.
Covesting stated full-scale development on their copy-trading platform is well underway, and they are currently meeting with several more large-scale exchanges to integrate their platform. Their ICO just recently kicked off and they hope to use funds from the ICO to expand its community, and potentially increase the scale of their platform once again as they have already received adequate funding for all of their current roadmap items.
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