Covex (COVEX)

Type: Platform | Categories: Exchange , Lending , Payment Gateway , Trading

ICO Formula Score


ICO Rank

#414 / 622

ICO Price

0.00100 ETH


Market Cap.

48,600,000 USD

Tokens Available


Tokens Supply


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Over the past few years, we have witnessed an explosion of crypto assets with trading volumes soaring to billions of dollars. Bitcoin, Ethereum, and other cryptos have soared in values as a result of cryptocurrency craze. And there are many evolving cryptocurrencies: the so-called Altcoins,that are already catering to many Blockchains flooding the market every day. Crypto provides many benefits for traders over classical assets in the sense that they are transparent, decentralized, and borderless and can be transacted 24/7. Whereas this unlocks limitless potentials to practically any person in the Universe, it also creates many risks due to lack of regulation, control, and liquidity. Today, trading in crypto markets is a complicated undertaking even for an experienced trader. In fact, it takes several years of hard work for one to acquire the knowledge required to make profits in crypto markets. But participants want ROI (Return on Investment) on their assets now and not in future. Whereas emerging digital trends such as social and copy trading solves the problem in part, they make it extremely difficult to separate genuine experts from novice traders. Besides, they raise security and accountability concerns which make it hard to define current and potential performances. The aforementioned case is just one case bedevilling the crypto universe. From crypto exchanges to payment gateways to margin trading, the history of crypto markets is littered with many flaws and risks. The weaknesses in this sector have resulted in low transaction volumes and loss of potential customers and merchants. The problem of poor user adoption and experience can be addressed mindfully via a one-stop solution approach. And this is where we come in. We are implementing the next-generation Blockchain-based platform where traders can trade and exchange cryptocurrencies, copy trade skills and compete with each other’s trades within their investment groups. In other words, we are taking social/copy trading, margin trading, and payment gateways to a transparent Blockchain. In future, we will implement a fully decentralized Exchange platform for trading in the cryptos. Ultimately, our platform will democratize trading 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.

Presale Starting

12 May 2018 01:00 GMT/UTC

Presale Starting

20 May 2018 01:00 GMT/UTC

Presale Starting

27 May 2018 01:00 GMT/UTC

Presale Starting

03 Jun 2018 01:00 GMT/UTC

CrowdSale Starting

07 Jul 2018 01:00 GMT/UTC

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15 Jul 2018 01:00 GMT/UTC

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22 Jul 2018 01:00 GMT/UTC

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29 Jul 2018 01:00 GMT/UTC

CrowdSale Starting

01 Sep 2018 01:00 GMT/UTC

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CoVEX Labs Technology Ltd


J. Mohan

Linked In

Labu K. Ghimire

Linked In

Robbert Walstra

Linked In
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