What is covex?
CoVEX is a one stop trading platform for Cryptocurrency Exchange, Social Trading, Margin Trading & Lending, P2P Loan, Prepaid Card, Payment Gateway and ICO Underwriting services.
CoVEX is a unique trading platform which provides a set of decentralized solutions through blockchain.
CoVEX is building the Blockchain nexus of the future. Startups, small and large businesses rely on our data and range of services to power their decision-making. We are a group of expert developers, traders, analysts and evangelists that believe in the paradigm shift that the blockchain represents.
Our line of offering includes
CoVEX smart contract is based on the next-generation ERC223. Traders can trade and exchange cryptocurrencies, copy trade skills and compete with each other’s trades within their trading groups. In other words, we are taking social/copy trading, margin trading, and payment gateways to a transparent, highly secure and reliable way. The CoVEX token—which will be implemented on Ethereum Blockchain under ERC223 standards—will act as a reward generating cryptocurrency. It will allow the token holders to receive bonus in the form of transaction fees.
Ultimately, our platform will make trading 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 mission is to bring this disruptive technology to the entire world population in an effective, seamless and accessible way. We see the Blockchain as an antidote to the centralization of power, thus returning freedom to the people to make financial decisions and prosper, undeterred.
Our Services
CoVEX assertive R & D team is developing a stable, secure platform. The CoVEX platform will allow traders not only exchange cryptocurrency but also share their ideas, copy trade skills and compete with others’ trades within the CoVEX network. We believe social aspect between traders, and sharing information is invaluable.
CoVEX provide hybrid trading platform to traders with excellent trading tools, volatility alerts, market update, current news and thededicated team of customer support.
Most cryptocurrency exchanges were developed by enthusiasts who do not have the requisite technological maturity of maintaining them. As a result, current crypto exchanges face:
DOWNTIME LOSS
Frequent downtimes have led to significant financial losses to crypto users who are unable to place and modify their trades, especially during high market volatilities.
SECURITY
Most crypto-exchanges are mired in security breaches and have led to the massive theft of funds.
POOR USER INTERFACE
New users are discouraged from using cryptocurrencies when they sign up for crypto exchanges because of the poor user interface.
Our Line of services aimed at tackling inherent problems in the cryptocurrency exchange space are:
Cross-border Crypto Currencies-Exchange Platform:
We will create opportunities for traders and investors to buy, sell and exchange their favourite cryptocurrencies at current and determined prices. No more merchant fees and credit card fees. Pay only the real cost and get the most out of your Cryptocurrency with the lowest exchange rates. Considering you've got to pay a network fee every time you want to transfer cryptocurrency, it’s totally understandable that you would want to avoid excessive exchange fees.
Social Trading Platform:
CoVEX offers you a plethora of carefully vetted and approved professional trade managers that you can follow and rely on when making up your portfolio as an investor. We vet new and old traders periodically and new traders who have a proven track of success can join our professional trade managers team.
Our platform will allow users to set their funds and tokens to copy-trade form top traders and top traders can share their trading experience with the new users which helps new investor to learn more about market. The platform is transparency and security will be enhanced, thereby giving users complete control of their trading funds and investments.
Our platform provides an easy-to-use interface that would keep you up with the best traders that have a proven record of profitable trades and apply their knowledge for your benefit.
Cross-border Margin Trading:
For traders with a limited amount of crypto resources, i.e. Bitcoin and altcoins, there is the option of margin trading in order to add leverage to the investment. This, in fact, increases the amount invested without having to actually hold the assets. Our platform will allow traders to borrow or lend tokens for margin trading.
CoVEX Payment Gateway:
Our payment gateway will allow our users to effortlessly trade between cryptos and fiat currencies in future 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.
P2P Loan Service:
CoVEX will be implementing a platform that allows lenders to issue loans to borrowers based on a selecting credit decision package. It will be specified by ML algorithms which scores the recommended fraud, identity and other credit rating agencies. Before the mass adoption of cryptocurrency, there very few safe options for lending. CoVEX aims to provide a swift and cost-effective solution to this dilemma with its line of services. CoVEX offers lending and credit option to its users. You can earn interest by lending and borrow with relative ease.
ICO Underwritings:
CoVEX has an underlying standard to underwrite high-quality, promising ICOs that have passed stringent due diligence, smart contract code review, and legal compliance by our expert ICO review department. CoVEX will provide complete package for new ICO starter helping them with smart contract code reviews, and legal compliance.
We believe in the unique proposition that makes CoVEX and what we are trying to bring into the market. We look forward to guiding new ICOs all through the way.
CoVEX Platform
SYSTEM SECURITY
CoVEX is tailored for everyday use and provides a robust and secure environment for your Cryptocurrency. Direct transactions, instant exchange. Accessible 24/7 worldwide on your laptop, desktop or mobile devices alike. Bank-grade security and next generation account protection. Encrypted SSL connection over HTTPS, 2-factor authentication and trusted IPs.
DISCOUNT IN TRADING
Our discount in trading feature ensures that CoVEX holder with more than 3,000 CoVEX Coins will be entitled to 50% discount in buying and selling fees.
INVITATION BONUS & REFERRAL PROGRAM
Join CoVEX referral program to earn up to 10% in commissions just by introducing new users to our platform. All it takes is a link and a post. Simply sign up to receive your referral link and post it on your site, social networks, or any other place on the web.
REWARDS PROGRAM AND LOYALTY
If you keep making transactions while holding the CoVEX token, you will receive upto 50% bonus reward (referral and bonus). Rewards Program will also allow you to earn extra CoVEX token. We understand the true value of building and developing an initiative and have made reward program and loyalty a core part of the CoVEX dream.
PROFESSIONAL SUPORT TO PLATFORM USERS
CoVEX’s support teams is a 24/7 response unit dedicated to ensuring the quality of service is top-notch and our users are Satisfied. Any technical issue faced by a user will be resolved immediately. You can contact our customer service department. They work round the clock to serve you better.
MOBILE AND DESKTOP APPLICATION
We offer both Mobile and Desktop App solutions that will be synchronized in real-time. We also offer several advanced features with full interface customization and various themes available.
Token Sale
WHY YOU SHOULD BUY OUR TOKEN?
- We have an Incentive for Stake (IFS) model that is designed specifically to maintain a continuous rewards program for CoVEX Token Holders.
- Earn more CoVEX tokens based on a host of referral and invitation program features.
- CoVEX will list over 100 cryptocurrencies for spot trading within few months after the platform goes live
- We are a globally available trading platform.
- A growing network of internationally-recognized partners
- We strongly believe that the CoVEX token will become one of the most distributed tokens in Ethereum network !
We ideate, produce, sell and obtain feedback. We have a working system and promise to actualize all our targets – which will invariably lead to a rise in value of our token. ICO’s and all its camaraderie help enhance Corporate Brand Awareness. We are not a start-up, we will not wait for any individual or institution.
TOKEN SALE
CoVEX tokens will be available for interested participants during the ICO that is set to run from 12th May 2018. During the ICO, the total volume of 192,500,000 CoVEX coins will be released to interested coin holders.
PRIVATE SALES STARTS NOW. GET 40% BONUS NOW:
CoVEX has opened private sale until May 8th, 2018. Contribute Minimum 30 ETH- 100 ETH per participants
PRE-ICO 1
Starts: 12th May 2018
Ends: 8th June 2018
Number of tokens: 30000000
1 ETH = 3000 CoVEX
Minimum Purchase: 0.1 ETH
Maximum 100 ETH
Bonus:
> 30% for 1st week
> 20% for 2nd week
> 10% for 3rd week
> 5% for rest of period
21ST ICO
Starts: 7th July 2018
Ends: 3rd August 2018
Number of tokens: 81250000
1 ETH = 2000 CoVEX
Minimum Purchase: 0.1 ETH
Maximum 100 ETH
Bonus:
> 20% for 1st week
> 10% for 2nd week
> 5% for 3rd week
> No bonus for rest of period
2ND ICO
Starts: 1st September 2018
Ends: 3rd August 2018
Number of tokens: 81250000
1 ETH = 1000 CoVEX
Minimum Purchase: 0.1 ETH
Maximum 100 ETH
Bonus:
No bonus
PRIVATE SALES STARTS NOW. GET 40% BONUS NOW:
The bonus for referrals will be split into 3 three categories as follows:
- 1st degree: Private Sale & Pre-ICO holder qualifies for 50% of the referral;
- 2nd degree: Only for Phase- 2 holders who participates in the Phase 2 ICO entitled to 30% of the referrals; and
- 3rddegree: Only for Phase- 3 holders who participates in the Phase 3 ICO, he/she will be entitled to 20% of the referrals.
Received Discount in Trading:
CoVEX holder with more than 3, 000 CoVEX Coins will be entitled to 50% discount in buying and selling fees in CoVEX Exchange platform.
Roadmap
Initial concept and First Board Meeting
Q3 2017
Technical team was formed for Project, domain registered and website
Q4 2017
Marketing team and legal team formed, white paper
Q1 2018
Alpha version of Exchange, Beta version of Exchange, Technical whitepaper and Pre- ICO
Q2 2018
First ICO, Second ICO and Live Exchange demonstration
Q3 2018
Live full Exchange
Q4 2018
Incubator service, Underwriting services
Q1 2019
P2P Loan Service Platform
Margin Trading & Lending Platform
Q2 2019
Payment gateway
Q3 2019
Prepaid Card Services
Q4 2019
For more information you can see it below:
WEBSITE :http://covexlabs.com/
WHITEPAPER :http://www.covexlabs.com/#litewhitepaper
FACEBOOK :https://www.facebook.com/covexcoin
TWITTER :https://twitter.com/covexcoin
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