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Author Topic: [ANN][ICO][COVEX] - The Next Generation All In One Digital Trading Platform.  (Read 27048 times)
CoVEXCOIN (OP)
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April 18, 2018, 08:26:25 AM
Last edit: November 19, 2018, 10:01:37 AM by CoVEXCOIN
 #1

Covex Is Set To Implement The Next-generation Trader-Friendly Platform



https://i.imgur.com/UPweBYh.png

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..

About CoVEX


CoVEX , the next-generation ERC223 Ethereum Blockchain-based platform, where traders can trade and exchange cryptocurrencies, copy trade skills and compete with each other’s trades within their trading groups. In other words, Social/copy Trading, Margin trading, and Payment gateways will be running in a transparent, decentralized and trustless Blockchain.

CoVEX tokens will be available for interested participants during the ICO that is set to run from 15 November 2018. During the ICO, the total volume of 150,000,000 CoVEX coins will be released to interested coin holders.


Our Mission

Our mission is to create one-stop digital trading platform where users connect crypto traders, developers. merchant, tech enthusiastic and entrepreneurs.

For the commitment, our platform is issuing its own coin, CoVEX Exchange, Social Trading/Copy Trading, Payment Gateway, Margin Trading and P2P Loan that are intently linked all crypto traders.



CoVEX Platform

CoVEX platform is bring all in one trading Platform. This Platform allows token holders to buy, keep, convert and spend their cryptos by offering them seamless integration that bridges the gap between fiat currencies and block-chain based assets.

The CoVEX Platform will offer these services :

1: The CoVEX Exchange
The CoVEX Exchange will be a cross-border crypto to crypto exchange. It help for token holders to buy, sell and exchange their favourite cryptocurrencies at current and determined prices. Exchange will have based on a separate, independent custom-developed trading engine. The CoVEX Exchange will support the most commonly traded cryptocurrencies such as Bitcoin and Ethereum and allow users to place orders, trade and swap currency which has been deposited in their CoVEX balances.

2: Social Trading
Our platform will allow users to set their funds and tokens to copy-trade form top traders and top traders can share his trading experience with the new users. Which helps to new investor to learn more about market. The platform will be completely decentralised in future and managed by smart contracts, transparency and security will be enhanced, thereby giving users complete control of their trading funds and investments.
3: Margin Trading/Lending
The CoVEX Platform will provide customers to trading in leverage using borrowed coins from a lender to trade crypto currencies, which lenders gets collateral for the margin trading from the margin trader. Since such use of financial leverage can potentially magnify gains for margin traders.
4. P2P Loan:
CoVEX will be implementing a platform that allows lenders to issue loans to borrowers based on a select credit decision package. It will be specified by ML algorithms which scores the recommended fraud, identity, and other credit rating agencies.

5. Payment Gateway:
CoVEX payment gateway will allow its users to effortlessly trade between cryptos and fiat currencies 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.
6.Prepaid card:  
CoVEX Prepairad card system is designed to give instant access to exchange wallet balances through an accelerated top-up process that converts BTC to fiat for encashment on atms or to be used for online payments worldwide.



Features of CoVEX Platform
CoVEX platform, traders get facility of exchange cryptocurrency and also share their ideas, copy trade skills and compete with others’ trades within the CoVEX network.
CoVEX believes social aspect between traders, and sharing information is invaluable. CoVEX provides a hybrid trading platform to traders with excellent trading tools, volatility alerts, market update, current news and the dedicated team of customer support.

>Multiple Cryptocurrency Support
>System Security
> High-Performance Engine
>Unique facilities for the learner to export
>Financial Level Stability
>Daily Bonus dividing between CoVEX Token Holders
>Invitation Bonus
>Copy trade
>Provides 24/7 online customer services


https://i.imgur.com/zgBZDlr.png
EXCHANGE PLATFORM
CoVEX: Next Generation all in one Digital Trading Platform
( Click to watch the video )
https://i.imgur.com/wqngeA4.png

CoVEX Bonus System

The CoVEX coin, a reward-generating cryptocurrency to its users, implements Incentive for Stake (IFS) model to ensure that every coin holder receives the reward in the form of transaction fees, the CoVEX team has implemented diverse sources of revenue on the platform. The reward of bonus sources includes; Cryptocurrency Exchange, Payment Gateway, Margin Trading, and Lending, Prepaid Card Service, Social Trading Platform, P2P Loan Service.  

The bonus will be distributed daily basis. CoVEX not only shares bonus but also allows discount and commission too token holders.

Bonus Distribution Model
CoVEX Coin holders will receive revenue in the form of daily transaction fees. The platform will use a cut-off time of between 23:00 GMT and 23:59 GMT as the basis for computing the revenue. At the last minute of each day (23:59 GMT), the Platform will calculate and distribute the revenue.
The net revenue for the system will be computed as follows:
       Net Bonus=Total Platform Fees Collection-Total Discount in Platform Fees
The net revenue will be shared as follows:
   >>50% to the CoVEX holder;
   >>20% to the referrals; and
   >>30% to remain in-house
The bonus will be computed as follows:
R, which is the total bonus earned by the CoVEX holder will be computed as follows:
R=(x/y)*0.5*number of coins holds+Referral Commission+Discount
x=Net Bonus
y=Total market Circulating coins

Discount model
Any CoVEX holder with more than 1, 000 CoVEX Coins will be entitled to 50% discount in buying and selling fees.

Referral model
Any CoVEX holder who refers a trader to the Exchange will be entitled to 10% commission of every coin that the trader exchanges. This commission will be computed in USD and paid in CoVEX Coins. For one to qualify for the commission fees, he/she must hold CoVEX Coins.


Token Sale
https://i.imgur.com/HSWtyWw.png
https://i.imgur.com/5r4fJHo.png

Private Sale.Join before ICO.-   
All private sale participant will receive 40% extra bonus. Minimum .1 ETH and Maximum 100 ETH

Referral Bonus for Private and Pre ICO Participants-   
 Shocked To receive this amazing 10% referral bonus,all you have to do is sign up on our website and start passing your referral link to family, friends, and everyone else. You can also do so on all social media accounts, the more referrals you have, the more tokens you can receive. For example, if one of your referrals purchases 10,000 CoVEX Coins, you will receive 1000 CoVEX Coins for yourself. Shocked
 Shocked Shocked As for CoVEX Coin promoters, there is also a referral bonus for you. You will receive 2% of all ETH purchased under your referral code. Shocked Shocked

ICO
Starts: 22nd March 2019
Ends:  9th May 2019
Number of tokens: 150000000
1 CoVEX = $0.85
Minimum Purchase: 0.1 ETH Maximum 100 ETH
Bonus
>30% for first week
>20% for second week
>10% for third week
>5% for fourth week  
>2.5% for fifth week and No bonus for last week

CoVEX Coin Distribution Blueprint

CoVEX Token is Privately Funded & Bonus Distribution Model

                          Distribution Token                                                                           Use of Process



Roadmap
Here are important milestones regarding the implementation of the project:
•Q3 2017: Initial concept and First Board Meeting conduct
•Q4 2017: Technical team formed for Project, domain registered and website launch
•Q1 2018: Marketing team and legal team formed, and white paper published
•Q2 2018: Alpha version of Exchange and P2P Loan paper published
•Q3 2018: BETA Version of Exchange & Technical White paper published
•Q4 2018: ICO launch, CoVEX Exchange and Social Trading Live
•Q1 2019: P2P Loan Platform Live, Payment Gateway and Marginal Trading technical papers published
•Q2 2019: BETA Version Payment Gateway Launch & Prepaid card Technical paper published
•Q3 2019: Payment Gateway Platform launch
•Q4 2019: Prepaid Card Services.

•Q1 2020: Margin Trading .


For more information , Feel free to comment below . We will be very pleasure to answer
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eko manghas
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April 18, 2018, 08:31:58 AM
 #2

hello sir
i think this project is very good. if you need translator. i reserve indonesian translation sir. i can translate this ANN to indonesian language. thanks sir  Cheesy

Bitcointalk username: eko manghas
Profile link: https://bitcointalk.org/index.php?action=profile;u=1185858
Native language: Indonesian
Part of the bounty you apply for (ANN/WP/Telegram): ANN/WP
Translation/moderation experience (if any): -
Telegram: @cika4
Ethereum address: 0x46aC7111fDD8dE01E461238fC6bb0749229db2D3
CoVEXCOIN (OP)
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April 18, 2018, 08:55:16 AM
 #3

Thank you. We will contact you if translation required. 
eko manghas
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April 18, 2018, 03:03:52 PM
 #4

Thank you. We will contact you if translation required. 
ok sir, thanks for your respond.
i hope this project will succes and going to the moon.
good luck sir
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April 18, 2018, 09:34:32 PM
 #5

Great idea. Now the profession of the trader is quite popular and considering this, to the quality trading platform there will always be interest. Good luck!
CoVEXCOIN (OP)
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April 20, 2018, 08:25:36 AM
 #6

Great idea. Now the profession of the trader is quite popular and considering this, to the quality trading platform there will always be interest. Good luck!
thank you
CoVEXCOIN (OP)
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April 27, 2018, 05:17:22 PM
Last edit: May 09, 2018, 08:10:28 AM by CoVEXCOIN
 #7


Referral Bonus

CoVEX Coin

CoVEX Coin is a next generation all in one digital trading platform. CoVEX Coin is a trading platform that traders can use for the following services: Cryptocurrency Exchange , Social Trading , Margin Trading & Lending , P2P Loan ,Prepaid Card and Payment Gateway.
CoVEX assertive R & D team is developing a stable, secure platform. The CoVEX platform that will allow traders not only to exchange cryptocurrency but also share their ideas, copy trade skills and compete with other traders within the CoVEX network. We believe the social aspect between traders and sharing information is invaluable. CoVEX will provide hybrid trading platform to traders with excellent trading tools, volatility alerts, market update, current news and the dedicated team of customer support.

Referral Bonus

With our Pre-ICO sale closing in, only 2 weeks away from date of writing this article, it is time to start whitelisting to CoVEX Coin. You can do so here: https://www.covexlabs.com/. To receive this amazing 10% referral bonus all you have to do is sign up on our website and start passing your referral link to family, friends, and everyone else. You can also do post on all social media accounts, the more referrals you have, the more tokens you can receive. For example, if one of your referrals purchases 10,000 CoVEX Coins, you will receive 1000 CoVEX Coins for yourself. As for CoVEX Coin promoters there is also a referral bonus for you. You will receive 2% of all ETH purchased under your referral code. For example, if there is 1000 ETH worth of purchases under your referral code you can receive 20 ETH. So everyone get to our website and start whitelisting to receive your referral code and start passing it around. All referral payouts will be done after the ICO is complete and is sent to your ERC-20 compatible wallets.

CoVEX Token Sale

A Private sale will be going on before the Pre-ICO.
   Private Sale: April 11, 2018 – May 11, 2018
   Minimum Purchase will be 30 ETH
   Maximum Purchase will be 100 ETH
   45% Bonus
   Pre ICO: May 12, 2018 – June 8, 2018
   1 ETH = 3000 CoVEX
   Week 1: 30% Bonus
   Week 2: 20% Bonus
   Week 3: 10% Bonus
   Week 4: 5% Bonus
   1st ICO: July 7, 2018 – August 3, 2018
   1 ETH = 2000 CoVEX
   Week 1: 20% Bonus
   Week 2: 10% Bonus
   Week 3+4: 5% Bonus
   2nd ICO: September 1, 2018 – September 30, 2018
   1 ETH = 1000 CoVEX
   

If you purchase CoVEX Coin in the first week of the Pre-ICO sale plus have referrals done you will get even more free tokens. For example, let’s say you purchase 6000 CoVEX Coins and between all your referrals there was 10,000 CoVEX Coins purchased. You will have gained 2,800 free CoVEX.
Example of math as follows: Purchase 6000 CoVEX Coins in first week with 30% bonus.
                     Referrals purchase 10,000 CoVEX Coins with 10% bonus.
6000 x 30% = 1800      6,000 x 10% = 600      1800 + 600 = 2400
Total CoVEX Coins: 6000 + 1800 + 600 = 8400 CoVEX Coins

For more information regarding CoVEX Coin please visit our website at: https://covexlabs.com
Also, if you have any questions regarding CoVEX Coin or would like some extra information check out our social media:
Facebook: https://www.facebook.com/covexcoin/
Twitter: https://twitter.com/CoVEXcoin
Telegram: https://t.me/joinchat/FGqocRL7Oj3p-YYV3mu2Ng
YouTube: https://www.youtube.com/channel/UCAFV1omcpIS2Sr--_WOl6HA
Bitcoin Talk: https://bitcointalk.org/index.php?topic=2896856.msg29785795#msg29785795
Reddit: https://www.reddit.com/user/CoVEXcoin
Discord: https://discordapp.com/channels/410409656679399438/410409656679399442
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April 29, 2018, 01:14:41 PM
 #8

I really think this project is much needed in the crypto world. While trading platforms are getting huge, we really dont have much user-friendly ones for newcomers. This could be it, wish you good luck.
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April 29, 2018, 10:40:27 PM
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I really think this project is much needed in the crypto world. While trading platforms are getting huge, we really dont have much user-friendly ones for newcomers. This could be it, wish you good luck.
Design and user-interface of Covex looks prettier and easier to understand for beginners. It reminds me of Coinbase. I can see good future for Covex if they do the marketing the right way.
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April 30, 2018, 11:38:12 AM
 #10

Wow! Everything is here. Quite enjoyable while reading.  Grin Grin
Great job devs! Wishing a successful luanch!
CoVEXCOIN (OP)
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May 01, 2018, 02:25:59 PM
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I really think this project is much needed in the crypto world. While trading platforms are getting huge, we really dont have much user-friendly ones for newcomers. This could be it, wish you good luck.
Design and user-interface of Covex looks prettier and easier to understand for beginners. It reminds me of Coinbase. I can see good future for Covex if they do the marketing the right way.

Yes that is the goal, a user friendly interface for everyone. Beginners and advanced traders. Follow us on our journey and keep  up to date, you wont be disappointed.
CoVEXCOIN (OP)
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May 01, 2018, 02:26:48 PM
 #12

Wow! Everything is here. Quite enjoyable while reading.  Grin Grin
Great job devs! Wishing a successful luanch!

We constantly update all our platforms and everything makes its way to this forum. Keep following us for more up to date information
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May 08, 2018, 02:27:09 AM
 #13

CoVEX Coin

https://cdn-images-1.medium.com/max/800/1*rJnk208zry31yGOO6e4cQA.png

The CoVEX Platfrom will initially consist of the following components :

1. The CoVEX exchange

2. Social Trading

3. Margin trading / Lending

4. Future undertakings

1 The CoVEX exchange

The CoVEX exchange will create opportunities for coin holders to buy, sell and exhange their favourite cryptocurrencies at current and determined prices. The CoVEX exchange will support the most commonly traded cryptocurrencies such as Bitcoin and Ethereum and allow users to place orders, trade and swap currency which has been deposited in their CoVEX balances.

The majority of cryptocurrency exchanges were developed by enthusiasts with only a small fraction of them having required technological maturity to keep crypto assets safe. There are some of the potential challenges that can be encountered while dealing with cryptocurrency exchange :

Frequent downtimes : Downtime has an effect of causing significant financial loss to crypto users who are unable to place or even modify their trades, especially during high market volatilities.
Security : the majority of crypto-exchanges are mired in security breaches and theft funds. For instance, MtGox and other exchanges have benn compromised resulting in loss of personal data and funds
-Poor user interface: New users to cryptocurrency usually face the most significant hurdles the moment they sing up to a crypto-exchange because of the poor interface. Most of the people dont even finish registration or gave up on the platform because they cant understand how to use it. Thats why while being good solution, decentralized exchanges don’t have as much success as they thought they would have.

At CoVEX they belive that one-stop platform for crypto-exchange is one that is user-friendly with reduced downtimes. To enchance transparency, the Exchange House has a variety of relations between traders where they will be able to exchange their cryptos directly.

During the transaction, the Exchange House will display following details :

The type of cryptocurrency
The daily transaction volume of selected crypto
Open Chatting Service and Personal Portfolio Analysis

You can see how the alpha version of the CoVEX trading platform looks like:

https://www.youtube.com/watch?v=xSRfw2WMUcA
 
You can also watch CoVEX interview with Labu Ghimire:
 
https://www.youtube.com/watch?time_continue=2&v=h04kelU9akk

Be sure to check back for more articles that will help you fully understand the CoVEX Coin Platform.

For more information regarding CoVEX Coin please visit our website at: https://www.covexlabs.com/

Also, if you have any questions regarding CoVEX Coin or would like some extra information check out our social media:

Telegram: https://t.me/joinchat/FGqocRL7Oj3p-YYV3mu2Ng
 Twitter: https://twitter.com/CoVEXcoin
 Facebook: https://www.facebook.com/covexcoin/
 Bitcointalk Forum: https://bitcointalk.org/index.php?topic=3343211.new
 Discord: https://discordapp.com/invite/sVufdss
 Official Bounty Telegram: https://t.me/CoVEXBountyPrograms
 E-mail: info@covex.io
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May 08, 2018, 02:30:46 AM
 #14

you have so many things here that you want to cater for crypto users as well as regular individuals. but if you have also the exchange, then i suppose you have all the legalities to run a crypto exchange? am i right?
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May 08, 2018, 03:57:35 PM
 #15

@CoVEXCOIN

Trying to send you a pm but you have the newbie option turned off in your profile

Profile -> Personal message options -> allow newbies to send you PMs.
CoVEXCOIN (OP)
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May 09, 2018, 08:07:12 AM
 #16

you have so many things here that you want to cater for crypto users as well as regular individuals. but if you have also the exchange, then i suppose you have all the legalities to run a crypto exchange? am i right?
Yes, you are right.
CoVEXCOIN (OP)
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May 09, 2018, 08:08:22 AM
 #17

I really think this project is much needed in the crypto world. While trading platforms are getting huge, we really dont have much user-friendly ones for newcomers. This could be it, wish you good luck.
thank you for you message. we are making user friendly platform.
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May 09, 2018, 10:27:06 AM
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A good team with a promising project! I see you have the potential to launch the platform. Good luck, guys
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May 09, 2018, 10:34:18 AM
 #19

Hello. What currencies can be exchanged on your platform?
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May 09, 2018, 10:40:32 AM
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A good solution to the problem that often encountered some great exchange at the moment, I am sure ICO covex will be successful, good luck dev
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