Covesting price is $0.04390505
As of last update, the price of Covesting (COV) is $ 0.04390505, with a +0.03% change in the last 24 hours. The trading volume over the past 24 hours is 46.2.
Covesting (COV) is a peer-to-peer asset management platform powered by blockchain technology. It's designed to provide investors with a simplified approach to engaging with cryptocurrency markets. On the Covesting platform, users can browse through many trading strategies crafted by professional cryptocurrency traders and subscribe to the ones that align with their investment objectives.
Covesting employs smart contract technology that allows users to replicate the trading activity of a chosen Model directly into their segregated account on the Covesting platform. Once a user subscribes to a model, their investment automatically follows the same trades as the professional trader operating that model, with all trades handled securely and transparently on the blockchain.
Covesting was created by a team of finance professionals and skilled developers with a focus on evolving the asset management sector. The team works to build technology-based solutions that facilitate enhanced investing and trading functionality within the digital asset markets.
Covesting is unique as it brings together investors and cryptocurrency traders, offering mutual benefits. Professional traders can earn success fees from profitable trades, while investors can benefit from the trader's expertise by replicating their trades. All trading strategies are made public, thus providing transparency which helps in decision making.
Covesting, being a blockchain-based platform, leverages the security features innate to blockchain technology. All transactions are immutable and secured with cryptographic proof. The use of smart contracts also ensures that the operations are automated and tamper-proof. Nonetheless, users are always advised to follow best security practices when dealing with cryptocurrencies.
The current circulating supply of Covesting (COV) is 18.7M, while the total supply is 18.7M.
With a market cap of $ 0.8M, Covesting (COV) currently holds the #2818 position in the global cryptocurrency market.
Covesting (COV) can be purchased on various cryptocurrency exchanges, including YoBit, KuCoin. Always remember to exercise caution when trading cryptocurrencies, and only trade on reputable platforms.
Covesting is carving a unique niche for itself by creating a platform that intersects asset management, blockchain technology, and cryptocurrency trading. By empowering individuals to follow trading strategies of expert traders, Covesting is evolving the way people engage with digital assets. It's a global platform that offers a unique perspective in the cryptocurrency world.
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