Covesting’s promising copy-trading social platform for cryptocurrencies has opened a Pre-ICO to early investors on October 20th. Investors in the platform will have a chance to get involved with the project early, by receiving 300 COV per ETH they contribute to the Presale. This is a unique chance for early adopters of the platform to acquire COV tokens with the intent to use them on the platform at a significant discount; or for investors to invest directly in the growth of the COV token’s value.

Built by former Saxo Bank traders for cryptotraders

Covesting, a blockchain start-up by former Saxo Bank traders, is developing a revolutionary Copy-trading platform using one of the hottest trends from traditional investing. The company aims to address problems that every inexperienced investor faces – lack of knowledge and experience required to benefit from quickly developing crypto markets.

You want the latest news about Crypto?
Then follow us on Google News!

Covesting platform will allow its users to “subscribe” to professional cryptocurrency traders who are searchable by investment strategy, risk, past performance, user reviews, and popularity. By subscribing, Covesting’s platform will automatically replicate all the trades made by the professional trader in real-time to investors account. Covesting brings a mutually beneficial peer-2-peer investment management solution, where any cryptocurrency trader can become a full-scale asset manager and receive success fees by allowing others to follow his strategy.

Covesting ICO

In order to develop the platform within the shortest period of time, Covesting team has decided to go for Initial Coin Offering (ICO). Covesting project provides an opportunity to take part in a crowdsale and benefit from its growth by purchasing Covesting Tokens prior to the beta-version launch of the platform. All proceeds from the token sale will fund the product launch, continued platform development, and user acquisition.

Covesting pre-ICO details

Pre-ICO for early investors has already started and will run for 30 days unless the hard cap is reached earlier. Token purchase rate is fixed at 1 ETH = 300 COV during the pre-ICO, which offers a significant discount compared to an average rate during ICO, which will be 1ETH = 150.

  • Coin Name: COV
  • Coins available in pre-ICO: 1,500,000 (7.5% of total coins)
  • pre-ICO date: 20th Oct 2017 – 19th Nov 2017
  • Price: 1 ETH = 300 COV
  • Target: 5000 ETH
  • Website:

Pre-ICO participants will largely benefit from the early discovery of Covesting project, which provides a fantastic opportunity to purchase Covesting Tokens at a significant discount. However, there is a very limited amount of Tokens available at Pre-ICO round, which provides the lowest possible purchase price.

Learn more about Covesting:
Covesting whitepaper:
Follow Covesting on Facebook at
Follow Covesting on Twitter
Join Covesting Telegram channel at

Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members.  NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.