Covesting.io is a fintech company that offers a comprehensive suite of investing and trading products, and is a partner of PrimeXBT.
In 2019, PrimeXBT partnered with Covesting to integrate their most anticipated feature, Copy-trading, into the platform, and offer it to the users as a part of PrimeXBT services.
In 2021, PrimeXBT introduced Covesting Yield accounts to their users, a service that allows to connect to and participate in numerous DeFi yield generating applications through a mechanism called Staking.
The benefits of using Covesting modules on PrimeXBT can be extended further by utilizing
COV utility token is the backbone of the Covesting ecosystem, offering unique incentive schemes for investors and traders. Whether it’s a trading discount or improved staking yield — Covesting (COV) token plays an integral role in all our applications.
COV activates one of three membership plans, depending on the amount of tokens staked. Based on the membership plan chosen - Advanced, Premium or Elite, users gain access to exclusive benefits and utilities within the Covesting ecosystem.