COVEX - The Next Generation All In One Trading Blockchain Platform

Trading in crypto markets is a complicated undertaken even for an experienced trader. It takes several years of hard work for one to acquire the knowledge required to make profits in the crypto markets but participants want Return on Investment (ROI) instantly.
CoVEX is 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 group.
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.
CoVEX is a one stop trading platform for Cryptocurrency Exchange, Social Trading, Margin Trading and Lending, P2P Loan, Prepaid Card, Payment Gateway and ICO Underwriting services. The CoVEX smart contract is based on the next-generation ERC223, where merchants can trade and exchange cryptocurrency, copy trading skills and compete with their respective trades within their investment group. In other words, we take social / copy trading, margin trading, and payment gateways to a transparent, highly secure and reliable way. The CoVEX sign-to be implemented on Ethereum Blockchain under the standard ERC223-will act as revenue generating cryptocurrency. This will allow the token holder to receive revenue in the form of transaction fees.
THE PROBLEM
There are more than 1,400 alt-coins on the market with over 100 exchange houses, yet it is hard to find a single exchange house which does not suffer from poor technical architecture, an insecure platform, poor customer services or high transaction fees for users. Thus, we can layout the current exchange house issues below:
- Poor Technical architecture
- Insecure Platforms
- Poor Liquidity
- Poor Customer Service
- Poor Internationalization & Support Languages
THE SOLUTION
CoVEX's solution lies in its powerful R&D team, which ensures a world-class stability and quality service. In the meantime, CoVEX's capable operation team shall create a bright and prosperous future through long-term and large-scale online/offline promotions & operations.
MISSION
Our mission is to connect traders together by creating a one-stop evolving platform where payment providers, developers, merchants, tech enthusiasts and entrepreneurs interact. We aim to become the industry standard and thought leader when it comes to trading in cryptocurrencies.
VISION
Our vision is to revolutionize the conventional trading by creating a one-stop, Blockchain platform for exchanging cryptocurrencies, copy trade skills, borrow loans and compete with each other's trading skills. CoVEX believes that the steep learning curve in trade should not hinder users from attaining their potentials.
Therefore, skills such as analytical, focus, research, control and bookkeeping that take many years to learn and acquire will easily be shared on the CoVEX platform.
THE COVEX PLATFORM
The Covex R & D team is developing a stable and secure platform. When CoVEX competes with its' development, it will actually become a one-stop platform.
Inside the CoVEX platform, traders not only exchange cryptocurrencies but also share their ideas, copy trading skills and compete with other people's trades within the CoVEX network. We believe the social aspect between merchants, and sharing information is priceless. CoVEX provides a hybrid trading platform for merchants with excellent trading tools, volatility warnings, market updates, up-to-date news and a dedicated customer support team.
FEATURES OF CoVEX PLATFORM

- Crypto Exchange Platform Cross-border:
We will create opportunities for traders and investors to buy, sell, and exchange their favorite cryptocurrencies at current prices and set at low cost.
- Social Trading Platform:
Our platform will allow users to manage their funds and tokens to copy-trades from top traders and top traders can share their trading experience with new users helping new investors to learn more about the market. The platform is transparency and security will be enhanced, giving users full control over their trade funds and investments.
- Cross-border Margin Trading:
Our platform will allow merchants to borrow or lend tokens for margin trading.
- Covex Payment Gateway:
Our payment gateway will allow our users to transact easily between cryptos and fiat currencies in the future such as USD, GBP, and EUR. In the future, the wallet service will be equipped with a prepaid card or a credit card that will allow users to quickly access their funds.
- P2P Loan Service:
CoVEX will implement a platform enabling lenders to lend to borrowers based on selected credit decision packages. This will be determined by the ML algorithm that assesses recommended fraud, identity and other credit rating agencies.
BENEFITS OF THE CoVEX PLATFORM
- Financial safety
- Multiple cryptocurrency support
- System security
- A high-performance engine
- Financial level stability
- Daily bonuses divided between CoVEX token holders
- Invitation bonuses
COVEX REWARD SYSTEM
CoVEX believes every trader has their own trading story and always appreciates their investment. CoVEX users will be able to enjoy direct and indirect bonuses by trading, referring, discounting and awarding commissions.
TOKEN AND ICO DETAILS
CoVEX tokens will be available to interested participants during ICO which is set to run from May 2018. During ICO, the total volume of 250,000,000-25,000,000 * 23% CoVEX coins will be released to interested coin holders.
The CoVEX token’s worth is based on the sales, though the exchange rate is related to the Ethereum platform. There are three sales.
The first will be the Pre-ICO sale, which runs from May 12, 2018 to June 8, 2018. There will be 30,000,000 tokens available, and it takes 3000 CoVEX tokens to equal 1 ETH. Participants must purchase a minimum of .1 ETH (300 CoVEX), though they are restricted to no more than 100 ETH (300,000). There will be bonuses for each of the four weeks of the sale, though the best deal will be the 30% bonus during the first week.
The next sale is the first ICO, which will be from July 7, 2018 to August 3, 2018. There will be 81,250,000 tokens available, but only 2000 CoVEX tokens will equal 1 ETH. Participants have the same minimum and maximum restrictions. There will be bonuses for the first three weeks of the sale, with the best bonus being 20% during the first week.
The third sale is a second ICO, which takes place from September 1, 2018 to September 30, 2018. This sale involves the same number of tokens as the first ICO, but the transfer rate will be 1000 CoVEX tokens for every 1 ETH. The minimum and maximum limits remain the same, but there are no bonuses offered during this sale.
CoVEX Token is Privately Funded & Fees Distribution Cryptocurrency.
Pre ICO
- Beginning May 12, 2018
- End of June 8, 2018
- Number of tokens: 3000000
- 1 ETH = 3000 CoVEX
First ICO
- Starting July 7, 2018
- End of 3 August 2018
- Number of tokens: 81250000
- 1 ETH = 2000 CoVEX
Second ICO
- Starting September 1, 2018
- End of September 30, 2018
- Number of tokens: 81250000
- 1 ETH = 1000 CoVEX
DISTRIBUTION OF TOKEN

USE OF PROCEEDS
- 2% Bounty and Overhead
- 8% Operational and Overhead
- 10% Legal and Financial Overhead
- 25% Branding and Marketing
- 55% Protocol and Software Development
ROAD MAP

TEAM

For more information, please visit:
WEBSITE: http://covexlabs.com/
FACEBOOK: https://www.facebook.com/covexcoin
TWITTER: https://twitter.com/covexcoin
MEDIUM: https://medium.com/@covexcoin
Author: JigaMola
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143
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