Covesting (COV) is an ERC-20 compliant utility token developed on Ethereum blockchain. The purpose of this coin is to be used by members on the Covesting platform. Covesting platform offers a wide range of services including a cryptocurrency exchange, peer to peer asset platform, cryptocurrency trade advise, advanced trading tools and algorithmic trading. Covesting token can be used for following the professional traders in the Covesting platform. The users pay Covesting tokens to avail theShow more [+] services of professional traders. The traders who pay using Covesting tokens can enjoy 50% discount on trading/exchanging the assets on the exchange. The covesting token can also be used on the platform to unlock special features such as arbitrage bots and algorithmic trading. The total supply of Covesting tokens is 20 million. More the traders join the platform, the price of the token will increase.
Covesting is Gibralter based company having experts from around the world including traders, investors, blockchain developers, fintech individuals etc. The company was founded by Dmitrij Pruglo. Dmitrij is the present CEO of the company. There are 27 other members working in Covesting company.