CoVEX Platform (CoVEX )
CoVEX implementing the next-generation ERC223 ethereum blockchain-based platform where traders can trade and exchange crypto currencies, copy trade skills and compete with each other’s trades within their investment groups. In other words, we’re taking social/copy trading, margin trading, and payment gateways to a transparent, decentralised and trustless Blockchain.
Ultimately, CoVEX platform will make it accessible to everyone and improve the overall user experience. Our platform will transform the foundation of crypto markets such as startups, incumbents, traders, consumers, and merchants into a viable ecosystem that boosts mass adoption of cryptocurrencies.
Our principal goal is to become a one-stop shop for trading in tokenized funds. Here’s is our value proposition:
(i) Cross-Border Crypto Currencies-exchange (CoVEX Exchange): We will create opportunities for traders and investors to buy, sell and exchange their favourite cryptocurrencies at current and determined prices with low fees charge.
(ii) Development of CoVEXpayment gateway: Our payment gateway will allow our users to effortlessly trade between cryptos and fiat currencies such as the USD, GBP, and the EUR. In future, the wallet service will be complemented by prepaid cards or credit card which will let users quickly access their funds.
(iii) Social/Copy trading Platform: Our platform will allow users to set their funds and tokens to copy-trade form top traders and top traders can share his trading experience with the new users. Which helps to new investor to learn more about market. The platform will be completely decentralised in future and managed by smart contracts, transparency and security will be enhanced, thereby giving users complete control of their trading funds and investments.
(iv) Cross-Border margin trading System: Our platform will allow traders to borrow token and lending for margin trading.
(v) P2P Loan Service: CoVEX will be implementing a platform that allows lenders to issue loans to borrowers based on a select credit decision package. It will be specified by ML algorithms which scores the recommended fraud, identity, and other credit rating agencies.
(vi) ICO Underwritings: CoVEX will provide complete package for new ICO starter. Helping them with smart contract code reviews, and legal compliance.