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One Wallet Service

by labu ghimireMay 28th, 2018

Too Long; Didn't Read

Over the last few years, we have witnessed an explosion of <a href="https://hackernoon.com/tagged/crypto" target="_blank">crypto</a> assets with trading volumes soaring to billions of dollars. For years we saw <a href="https://hackernoon.com/tagged/bitcoin" target="_blank">Bitcoin</a> having big dominance and leading all the way, but in late 2017, while Bitcoin was still number 1 in the Crypto World, the dominance dropped and we saw altcoins growing. In January of 2018, the whole crypto market was on the ATH (All time high) of almost 850 billion dollars, and the daily volume was over 60 billion dollars. Many of the leading platforms had been temporarily closed due to new user registrations causing an overload. With daily Volume being at all-time highs, platforms started working with more profitability.

Company Mentioned

Concept of one Wallet Service

Over the last few years, we have witnessed an explosion of crypto assets with trading volumes soaring to billions of dollars. For years we saw Bitcoin having big dominance and leading all the way, but in late 2017, while Bitcoin was still number 1 in the Crypto World, the dominance dropped and we saw altcoins growing. In January of 2018, the whole crypto market was on the ATH (All time high) of almost 850 billion dollars, and the daily volume was over 60 billion dollars. Many of the leading platforms had been temporarily closed due to new user registrations causing an overload. With daily Volume being at all-time highs, platforms started working with more profitability.

“Binance, which only started trading in July 2017 and has less than 200 employees, has surpassed Germany’s largest and one of Europe’s biggest banks in profitability, CCN reports.”

Today, trading in crypto markets is a complicated undertaking even for an experienced trader. So if we consider the fact that most of the people coming into cryptocurrency world are new to trading, with not much experience, having a lot of platforms that are not user-friendly is a big problem.

So, CoVEX Coin Platform is implementing the next-generation blockchain-based platform where traders can trade and exchange cryptocurrencies, copy trade skills and compete with other traders within their investment group. They are taking social/copy trading, margin trading, and payment gateways to a transparent blockchain. Their platform will democratize trading and improve the overall user experience.

This is not only about single platform where we get all trading service, its concept of one wallet, which you can use for exchange, for loan borrow or lend, for payment get way or use as prepaid or debit card service.

One wallet means one stop. Once you have done your KYC in your initial phase that will work for every level. Your wallet will decentralized wallet where it can store multiple currencies but its run on the centralized platform.

As new entry with the so many features in one trading platform, all I can say to the reader is that once you begin investing in CoVEX, you would never think of jumping to any other trading platform.