GIBRALTAR, March 16, 2018 / — Covesting, a fintech start-up launched by former Saxo Bank traders, recently celebrated two landmark events: it launched a fully updated website and it opened the long-awaited registration for those who would like to be the first to test the Beta version of Covesting’s copy-trading platform.
Covesting will give 200 traders a chance to demonstrate their skills. Top performers will receive a generous reward. The Beta testing will allow Covesting to considerably improve its platform and make the product as user-friendly as possible for its official launch.
The Covesting cryptocurrency trading platform is based on the concept of peer-2-peer asset management, an approach that has a solid performance record in classical markets such as FX and Equity. The platform will allow investors to copy trades of the most successful professional cryptocurrency traders on the market and profit together.
The project features a comprehensive infrastructure and includes several big initiatives, such as liquidity aggregation, a trading terminal, and an informational portal called the Crypto Intelligence Portal. This combination is aimed at making the trading process as smooth as possible, offering traders access to the widest selection of cryptocurrencies, best execution prices, larger trades, and lower execution costs. The platform will also enable the development of algorithmic strategies and the market-making of derivatives.
Covesting’s Crypto Intelligence Platform is a great addition to the platform that helps traders master and polish their skills through free tutorials delivered by top cryptocurrency trading professionals, features discussions with the professional community, latest news, and articles and much more.
The Beta version of the Covesting platform will be released at the end of March. Covesting’s team already allowed users to watch a sneak peek of the product, with Covesting’s CEO Dmitrij Pruglo holding a video presentation of the platform. The presentation was a real success, not least because the platform turned out to be fully operational.
Covesting’s team includes highly skilled professionals with backgrounds in trading, investment banking, blockchain, AI, data, and fintech (Saxo Bank, SEB Bank, JP Morgan, Zurich Insurance and others), with accumulated trading experience of over 60 years.
The project is progressing strictly in line with the previously announced roadmap.