Connect with us
Active Currencies 14794
Market Cap $2,467,692,571,200.00
Bitcoin Share 51.25%
24h Market Cap Change $-0.87

Covesting’s CEO: "While most projects were busy hyping, we invested exclusively in development"

4min Read
Covesting’s CEO: "While most projects were busy hyping, we invested exclusively in development"

Share this article

Covesting, one of the first exchanges across the globe to obtain a DLT license from the GFSC thanks to the platform’s high level of compliance, security and infrastructure, has officially announced its much-anticipated soft launch after a long but successful journey.  From today, anyone can register and start trading on
Covesting’s CEO and co-founder, Dmitrij Pruglo, spoke in-depth about his project’s soft launch and successful year, saying:
“After this difficult year for us, we are pleased to present the platform to the community. But the most difficult was not the development process itself, although it certainly takes a lot of effort. The most difficult aspect was the ability to restrain oneself and not to react to skepticism from the side of conditional competitors and some token-holders regarding the lack of active marketing. It was a volitional decision, and we believe that we were not mistaken. Before any startup there is a choice in where to focus our efforts. Across the crypto industry, it has become common practice to offer anything to customers, so long as it is attractively packaged. And the problems of customers will face due to infrastructure flaws are the least of the creators concerns.
Ultimately, this damages users, investors, and the industry as a whole, as it leads to significant problems down the road that cannot be easily fixed. It was necessary this tradition changed. Someone needed to step up and raise the bar for the industry to create a better future.  At Covesting, we have focused our energy on creating a company and platform that raises the bar for the industry as a whole by focusing on regulatory compliance and facilitating an incredibly successful soft launch.
Today, each of you can try out the platform and see if it was worth the wait. We believe that a strong product will speak volumes for itself. We have remained confident all year, and we are ready to begin to demonstrate to the world the possibilities of a platform on an entirely new level for the crypto-community.
What do I mean by new level? Everything. This is a combination of broad functionality, uncompromising reliability, unprecedented transparency, and the best quality support service in crypto-world that we built from the ground up, focusing on becoming one of the world’s leading financial corporations. You can also try out the speed and quality of the support service in person by contacting our support team through the platform’s contact form, Telegram, Facebook, Twitter, and more.”
Soft launch of the Covesting platform gives the team a final chance to stress test operations during active trading sessions and offer users a chance to test drive many of the platform’s cutting-edge features. Features available during soft launch include trader rankings based on ROI, exceptionally high liquidity, around the clock support service, quick-order execution, a reporting dashboard to monitor performance and trade history, and much, much more. Copy-trading will be made available following the soft launch.
A limited set of cryptocurrencies will be available for trading, depositing and withdrawing during the soft launch, with additional assets being added in the future. This will allow for thorough testing of a limited feature set to ensure all internal operational standards are met. In the coming days following the soft launch additional fiat funding methods – including bank wires, transfers, credit cards, and more – will be added.
The soft launch also offers users the ability to complete KYC verification and get an early chance to begin creating trader profiles.
To begin trading on Covesting’s platform, follow these five simple steps:

  1.   Login to the Covesting platform or register for a new account
  2.    Complete the KYC process and wait for verification if the step wasn’t previously completed
  3.    Go to the funds section and deposit any cryptocurrency currently available for trading
  4.    Transfer your deposited funds from wallet to trading portfolio
  5.    Start trading on Covesting platform.

Furthemore, Covesting recently launched its highly-praised mobile app, giving users the same next level experience the platform offers, at the comfort of their fingertips. The app, available for iPhone and iPad – and in coming months, Android devices – offers advanced charting, quick-order execution, the ability to safely and securely store cryptocurrencies, and much more – right form a user’s mobile device. Download the app today!
“Thank you to the community for all the support. We are proud to invite you to test out and enjoy all of the platform’s exciting features during the soft launch, with more to developments to come,” – Pruglo added.
To know more, Click Here!


Biraajmaan covers market trends of major cryptocurrencies. As a graduate in engineering, his interests lie in Blockchain technology. With over a year as a journalist, his articles focus on US and UK markets.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.