EXCHANGES
COV Launched on KuCoin

2018-02-12 22:54:59
by Saffron Weale
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COV Launched on KuCoin

Covesting\'s COV coin saw a slight uptick in performance after the announcement that it is now available on Chinese trading exchange KuCoin. Withdrawal and deposit facilities opened at 1800 local time (UTC+8) and full trading commenced at 2200. KuCoin are offering a BTC and COV token give-away in a prize promotion, starting at 2200 on February 11th and running until midnight on February 16th.

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COV, which stands at #320 in global market cap rankings, has been on a long, slow decline since it reached a market peak of $3.22 on January 24th, but on February 11th it rose by $0.28 to approximately $1.24.

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Covesting launched their pre-ICO token sale on October 20th, followed by a public ICO running from November 24th to January 15th, together with a prototype version of their platform. The COV coin, described as a \"utility token\", began listing on trading exchanges in January, with the Beta version of the project expected in March.

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The blockchain project is set up as a mirror platform for copy trading, i.e. checking what other traders are doing and mirroring it. An API bridge is constructed from the Covesting platform to a myriad of other exchanges, their activities monitored and mirrored back to investors. The project is not a collective investment, but trading with aggregated liquidity, offering also cryptocurrency education tools with a Crypto Intelligence Portal.

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