There are so many Cryptocurrency exchanges out there. It is quite hard to decide which one you should choose for your Cryptocurrency trading. However, picking the right one is critical to your success in your trading journey. Today I want to recommend Covesting to you. Covesting is the new cryptocurrency exchange with the official launch planned to happen during this third quarter of 2018. How does Covesting stand out from the rest?

I. Copy Trading Feature for Cryptocurrency

Covesting allows copy trading; this will revolutionize the Crypto industry. You may have heard Forex copy-trading but now you will come to experience this same thing in Cryptocurrency. Not many traders can achieve consistent success in Crypto trading because Cryptocurrency trading requires sufficient research. The successful traders need to be knowledgeable about influential news towards the price movement. Professional traders have better access to the critical resources in the industry and they also have better skills in interpreting and analyzing the effects on the prices. Covesting allows you to copy trades directly from those successful traders; it is like you have a professional asset manager to manage the portfolios for you. Crypto Intelligence section of Covesting also lets traders research all the Cryptocurrency news coverage so that they can make better decisions in choosing Crypto coins to buy and sell.

II. Deposits and Withdrawals in USD, EUR, GBP Are Enabled

Covesting allows fiat currency like EUR, USD, and GBP for deposits and withdrawals. Covesting has cooperated with a few banks to operate this feature for traders to easily exchange their fiat to Crypto and vice versa. This is the big door being opened for the public to join Cryptocurrency ride. Not many exchanges can do this like Covesting because mostly they meet the regulation barrier. Many beginners in this industry have no ideas on how to buy the Crypto coins with their fiat money. Covesting will become the center for this accessibility.

III. Aggregate Liquidity

Covesting provides aggregate liquidity from several other exchanges. Most Crypto exchanges operate on their internal liquidity so the trading volume correlates the capacity to execute the transactions placed by traders. Sometimes you have to wait very long time to get your transactions executed or the transactions cannot happen at all. By pooling the liquidity from many exchanges, it allows traders to execute the trades faster and provides higher chance for the transactions to be executed.

IV. Algorithmic Trading and Arbitraging Bot

Covesting features algorithmic trading and arbitraging bot for its traders. By using COV token, traders have the ability to use this function. This allows traders to create their own automatic or semi-automatic trading strategy to execute the trades. The traders do not need to sit in front of the screen for a long duration to place their trades. Plus, arbitraging bot lets traders make consistent profit by capitalizing on the price gap of the same assets in different exchanges.

V. Unique Tokenomics

Covesting provides unique token economy to reward the token holders. The traders will pay 50% discount for fees of their trading activity with native COV token. COV token has 20M total supply and 17.5M circulating supply. The company contributes 50% of the platform profit towards token buy-back-and-burn program to shrink the supply. Plus, only traders using COV can unlock the copy trading and algorithmic trading features on the platform.

Covesting is currently in beta-launch while the company teams are working hard to perfect the platform before officially launching to the market. Covesting is a fully licensed and regulated exchange based in Gibraltar. With years of experience in the industry, Covesting team commits to bring the most secure and highest industry-standard exchange for fellow traders around the globe. Visit COVESTING NOW.