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PrimeXBT Launches New “Covesting” Module

Covesting, an innovative copy trading platform, is now available on PrimeXBT. As a result of an ongoing B2B partnership in cooperation with Europe-based fintech software developer, the platform connects traders with followers, enabling them to profit from one another. Covesting is a global fintech company incorporated under the laws of Gibraltar, which offers the broadest array of software solutions for retail and institutional customers worldwide. Covesting has become one of the world’s first companies to receive a Distributed Ledger Technology License (DLT) from regulatory authorities in Gibraltar.

Covesting allows traders to create funds with their trading strategy in a transparent way in which users can verify the track record and how much capital is invested in each fund. Traders can build a reputation and a second source of income by attracting followers. Users can browse different traders, check their results, and invest in the one they like, this provides a way to earn money passively without any trading skill or market knowledge.

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