|All Time High:|
|Market Cap: |
|The price of #COV today is $0.23 USD.|
The lowest COV price for this period was $0, the highest was $0.232, and the current live price for one COV coin is $0.23203.
The all-time high COV coin price was $1.74.
Use our custom price calculator to see the hypothetical price of COV with market cap of ETH or other crypto coins.
|The code for Covesting crypto currency is #COV. |
Covesting is 4.7 years old.
|The current market capitalization for Covesting is $4,408,892.|
Covesting is ranked #657 out of all coins, by market cap (and other factors).
|The trading volume is medium during the past 24 hours for #COV.|
Today's 24-hour trading volume across all exchanges for Covesting is $154,310.
|The circulating supply of COV is 19,001,159 coins, which is 101% of the total coin supply.|
Note the limited supply of Covesting coins which adds to rarity of this cryptocurrency and increases perceived market value.
New COV Utility Now Live: Higher Profits For Followers Holding COV
Dear community, We are pleased to reveal that the Covesting team has reached another major roadmap milestone and has delivered yet another COV utility for token holders to take advantage of. Previously, we debuted new COV-denominated copy trading strategies and COV-denominated margin trading accounts on our B2B partner platform PrimeXBT. Today, we are proud to announce that any members holding COV tokens will receive a higher and more lucrative profit share within the Covesting copy trading module, depending on their COV membership tier. — Profit Share Increase For Covesting Copy Trading Module Followers - At its core, the Covesting copy trading module allows newcomers to tap into the skills and experience of other traders from around the globe, automatically copy their trading strategies and trades, and earn an ROI comparable to some of the best traders the platform has to offer. In an effort to further motivate users to perform, the latest COV utility update focuses on improving the revenue sharing model for followers who hold COV. Under standard platform conditions, the revenue share breakdown provides 20% to the strategy manager, 20% to the platform, and the remaining 60% goes to the follower. The latest COV utility increases the profit share for followers by up to 75% from all profitable trades. To activate the exciting new utility exclusively for followers, users must select a membership level and lock the requir...
Covesting Update: Introducing COV Denominated Strategies And Margin Trading
In our last blog update, we walked the community through what the upcoming roadmap would look like for the remainder of the year and looked ahead toward what updates were on the horizon. As the Covesting ecosystem of products and services grows, so do the COV token’s many utilities. We take great pride in offering significant token utility through COV. Today, we are moving forward according to our roadmap and are proud to introduce COV-denominated strategy and margin accounts. — Details About COV-Denominated Strategies And Margin Trading - The COV token continues to be used by strategy managers and followers to unlock a wide range of lucrative benefits and utilities. Current utilities include an increase in profit share and following counts and a discount in trading fees. COV tokens also unlock improved staking yields. The level of benefits scale according to the total amount of COV, with Advanced, Premium, and Elite Memberships. As of the latest update, not only does COV token enable the incredible benefits listed above and more, but COV tokens can now be used as an asset to open strategy accounts or as account collateral for margin trading on partner platform PrimeXBT. — COV-Denominated Covesting Strategies - COV token now allows Covesting copy trading module strategy managers to create and launch COV denominated strategies in a little more than a few clicks. This will enable followers to follow such strategi...
Covesting 2021–2022 Roadmap: New COV Token Utilities And Much More
As we draw closer to the end of the year, we are once again finding ourselves looking ahead, focused on what is next for the Covesting team and community at large. Our vision remains ambitious. As such, we wanted to review the past roadmap of accomplishments and lead into the several updates and improvements we will be rolling out through the rest of the year and into the new year. — Copy Trading Module And General Improvements - Covesting has come a long way from the early copy trading concept created back in 2017 to today. The Covesting copy trading module has evolved into a fully functional feature that generates millions of dollars in profits for followers that rely on the innovative service. The module also regularly receives updates based on user data, community feedback, and Covesting team innovations. For example, a recent update to the margin allocation chart makes the data more digestible and actionable. A verified status has also been added for strategy managers who have passed KYC, a take profit feature lets followers lock their unrealized gains, and much more. We take our role in the global finance industry seriously, especially around safety and security. That’s why Covesting has added several updates to the copy trading module aimed at creating a safer environment for all users. A max following limit was introduced as well as grades, a public margin utilization chart, and a stop-loss feature for follo...
A Detailed Guide on How Covesting (COV) Works on the Binance Smart Chain and PancakeSwap
Following the listing of Covesting (COV) token on the PancakeSwap decentralized exchange (DEX), a guide on getting started will come in handy. The Covesting (COV) is an ERC-20 token built on the Ethereum Blockchain, but listing on the Binance Smart Chain (BSC) through a bridge will make trading on the BSC-supported DEXs possible. In this guide, we would explore: ● The overview of the ERC-20-BEP 20 bridge, ● The Core Features of the PancakeSwap DEX, ● How to Connect your Hardware or Software Wallets, ● How to Swap COV to other tokens and vice versa, ● How to earn by providing Liquidity on PancakeSwap Stay informed on all Covesting events by joining our communities on Telegram, Facebook, and Twitter. As the cryptocurrency ecosystem and decentralized finance (DeFi) in particular advances, innovations are emerging. The presence of competition in the space makes inherent offerings even more attractive to the end-users. The BSC bridge rolled out by Covesting is aimed at expanding our user’s access to more flexible offerings from the biggest DEX on the BSC network. Unlike the centralized exchanges, with PancakeSwap or any other DEX, users trade by swapping tokens using liquidity from the liquidity pool without registering or compromising their identity. This feature is made possible by connecting a supported external wallet to the exchange. — The ERC-20 — BEP-20 Bridge in Brief - While the COV Token will c...
Announcing COV Token’s New Utilities
Dear community, We are excited to reveal what the Covesting team has been working on for some time now. As a token-centric ecosystem, we aim to make the COV token an integral part of every application we build, starting with the Covesting copy trading module and beyond. The COV token is a utility token that unlocks a plethora of unique benefits and features exclusively for token holders within the Covesting ecosystem. All Covesting B2B solutions are scalable and can be easily integrated into any third-party platform. Since COV tokens are used to enable multiple benefits and discounts, the demand for COV correlates with the combined activity on all supported platforms. In this latest blog update, we’re introducing the coming ambitious updates and improvements we’re making to COV token utility and how it impacts users in the Covesting ecosystem. — Phase 1 (May 2021): Boost Copy Trading Profits By Staking COV Tokens - The Covesting copy trading module recently celebrated its first anniversary since its launch. Since the very beginning, the copy trading module was a runaway success, rapidly growing across the global trading community through word of mouth. News spread virally regarding the huge profits traders were able to achieve both for themselves and for their followers who had been copying their trades. In one example, a strategy manager turned $400,000 into $8.5 million in only a few days, all while making a for...
Introducing New Covesting Yield Accounts On PrimeXBT
Dear community, The cryptocurrency industry is evolving, and with each passing day, new innovative products and services are reshaping the landscape of digital finance. Along with NFTs and all-things DeFi, one of the hottest trends in crypto over the last several years has been the emergence of staking. Crypto staking and other yield generating products have opened up a completely new experience for people who have been starving for returns for years in traditional finance. In many countries across the globe, banking interest rates have been at around 0% for decades. Therefore, the real value of money actually decreases with every bank deposit due to the rate of inflation exceeding any interest. Thankfully, modernized crypto-centric services provide a stable return on USD–backed coins, at a significantly higher return and at more than enough to compensate for inflation. Staking products allow for a high variable rate of return on idle crypto assets, otherwise known as an APY. The blockchain-based solution provides returns for those that lock up crypto assets for a period of time. The more assets or, the longer the period, rates typically improve further. Crypto investors appreciate having the ability to earn fixed interest and income from crypto assets, in addition to more traditional ways to make money in crypto, such as trading. It has revolutionized digital finance and created a storm that’s still sweeping across the ...
Guide on How to Trade Covesting (COV) on Uniswap Decentralized Exchange
The use of decentralized exchanges (DEX) differs significantly from the more traditional centralized exchanges. While the difference is more pronounced when it comes to the trade patterns, the liquidity or cash flow with which both operate also differs significantly. In any DEX such as Uniswap, market participants provide cash flow, while in centralized exchanges like Binance, the company supplies liquidity. Getting started on either of the exchanges may be intimidating to new users. As such, we are dedicating this article to provide details on how to trade Covesting (COV) tokens on Uniswap. In this article, we would talk about; The two Uniswap domain types,, How to connect your Software and Hardware Wallets, How to Swap COV to other tokens and vice versa, and;, How to provide liquidity to Uniswap Pool., At Covesting, we are always committed to bringing our token holders the right resources to maximize value. Follow us on our social media handles, including Telegram, Facebook, Twitter, to get the first updates as it happens. — The two Uniswap Domain Types - Uniswap is one of the foremost DEXs around in decentralized finance (DeFi) today, and per its growth, the platform has two dedicated domains to serve its users. These domains include; The information hub at uniswap.info where users can find check out the prices of listed tokens, trading volumes, swap pairs, and more, and;, The main exchange domain at app.uni...
Covesting Module First Anniversary: COV Breaks $1, Latest Developments, & More
Dear community, One year ago today, on April 2, 2020, the Covesting copy trading module made its full debut on the award-winning trading platform PrimeXBT, and the peer-to-peer trading community has grown substantially ever since. Since then, a perfect storm has been brewing. A massive bull market has been breaking out in cryptocurrencies, bringing unprecedented demand and new user growth to the Covesting module, PrimeXBT, and the COV token. To cap off what has already been an incredible first anniversary celebration, Covesting and COV token holders now have even more to celebrate with COV breaking above $1 for the first time in 2021. Continuing with our celebration, we’re highlighting the top Strategies on Covesting one year later and taking a trip down memory lane to look back on how far the copy trading module has come in just one year. With COV Staking coming and more exciting updates in the near future, 2021 and beyond is brighter than ever for the Covesting community. Let’s celebrate! — Crypto Bull Market Blasts COV Utility Token Above $1 - In a combination of excitement and anticipation of the Covesting module’s milestone first anniversary, the crypto bull market finally getting warmed up, regular token burns, and continued demand and usage within the Covesting copy trading module, has pushed the price per COV token over $1 for the first time in 2021.COV token price COV token holders have so much to be...
Covesting To Discontinue Cryptocurrency Exchange Operations For Retail Customers
Dear community, As you are already aware, the Covesting team has focused its efforts on further developing our B2B offering over the last several years. The result has seen the Covesting copy trading module’s full launch with COV token utility on PrimeXBT, which has grown rapidly in demand in recent months. Since Covesting made its pivot toward establishing B2B partnerships with other industry leaders in their respective spaces, the B2B business has been much more successful compared to the previous B2C model. Simply put, our “why compete with others when we can partner with them” approach has been the right decision for Covesting. — Building On Success: Shifting Fully From B2C To B2B In The Future - The Covesting exchange was launched in 2018 during a challenging cryptocurrency market environment. From then forward, competition has only become more fierce overall. In addition, maintaining cryptocurrency exchange services requires significantly more capital and a much larger team, including compliance, human resources, and other critical departments. All things considered, the Covesting team has made the decision to optimize costs further and reallocate resources toward where our efforts are bearing the most fruit, which includes discontinuing cryptocurrency exchange services to retail customers. Covesting will continue to focus its efforts around software development and licensing services and institutional solu...
Covesting Development Update 2021
To provide more transparency to our community members, and bring clarity regarding further Covesting module development priorities, we have put together this roadmap. This roadmap should serve as indicative plan / rough vision of where we want to take Covesting module in the near future. It should not be treated as a development obligation of any sort. We may discontinue development or remove any of these features from this roadmap in case we face certain difficulties during early development stages, or we simply may decide that one feature or another is not be efficient business wise to continue supporting/developing it. Certain regulatory environment changes may also affect the provided roadmap and available features/tools on the Covesting platform. Therefore, do not treat the provided roadmap as something that is “set in stone”. As always, we will adapt to ever-changing cryptocurrency space and will apply best industry practices. We want to make Covesting a safe place to trade and follow your favorite strategies, while always prioritizing risk management, and preventing fraud as well as market manipulation by any possible means. — Dev Roadmap - All upcoming features provided below are not listed in any specific order. Priorities will largely depend on statistical data that we gather, observations, community demand, market conditions and development schedule of our partner platforms. Due to the fact that Covesti...
More Covesting (#COV) News
|The Covesting Ecosystem: Everything You Need To Know
The cryptocurrency industry, in general, has grown tremendously in the past couple of years. This became especially evident and expressive throughout the massive bull run that we witnessed in 2021 when Bitcoin’s price almost touched $70K.
Despite the prices going down quite a bit and the market depressing to its current state, there are many industry participants who went on finding new ways and venues of both investing and trading. Covesting is amongst them.
The Covesting ecosystem has grown to become a thriving community filled with copy traders, passive investors, and COV token holders that, when combined as a whole, are so much larger than the sum of all its parts.
With it constantly growing and evolving, we have prepared this guide to the Covesting ecosystem, providing everything you could possibly know and more about the peer-to-peer copy trading community, yield accounts, and COV utility token integration.
What is Covesting
Covesting is a Europe-based fintech software developer with many years of combined investing and tech development experience across the team. The company became one of the first ever to be granted a DLT services license.
Covesting designed several innovative cryptocurrency-based services and tools, each of which is centered around the COV utility token. These solutions are offered to B2B partners, with the first exclusive rollout of Covesting products launching on the award-winning PrimeXBT margin trading platform.
Since then, both PrimeXBT an...
|Covesting Token Update: All-New COV-Denominated Accounts Now Live on Pri...
Utility coins are a dime a dozen, but those that actually provide a plethora of benefits for holders are ultra-rare and worth paying closer attention to.
The COV token is a utility token that unlocks a variety of account-level benefits already but continues to evolve in the available ways holders can utilize the asset. The latest update from Europe-based fintech developer Covesting has brought even more new features to the COV token through partner platform PrimeXBT: two new COV-denominated account types.
COV Token Update Enables COV-Denominated Margin Trading And Strategy Accounts
Starting today, COV holders gain yet another valuable way to use the utility token - as an asset to fund a copy trading strategy manager account or as collateral for margin trading.
COV joins BTC, ETH, USDC, and USDT, giving traders more flexibility and options overall. COV holders can access any of PrimeXBT's more than 50 different trading instruments across crypto, forex, commodities, stock indices, and more. PrimeXBT's list of assets is constantly expanding, recently adding Dogecoin, Cardano, and other top altcoins.
Future Covesting Roadmap Promises More Incentives For Utility Token Users
In the future, the Covesting roadmap includes additional incentives for COV users, such as an increase in revenue share earned by strategy managers to 25% from the standard 20%. Followers of COV-denominated strategies will also be awarded the maximum 75% profit share over the usual 65%. These benefits will be a...