How much is the fee/cost of PrimeXBT's Covesting (copy trading)? Table of Contents

Getting More From Covesting with COV Token Utility

PrimeXBT, home to the Covesting copy-trading module through a B2B partnership with a Europe-based software development firm by the same name, is delighted to announce that COV token functionality is now live.

Thanks to COV utility token integration, all users are now able to benefit from the following incentives:

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Improving Success Fees For Followers:

All successfully settled copied trades in profit include a success fee share split between the follower, the trader and the platform.

With COV tokens, every follower will be able to improve the % split in their favor.

No Entry Fees For Followers:

The Covesting module has introduced a 1% entry fee for all new Strategy followings.

By activating this COV token utility, followers will be able to wave this fee completely and enjoy freedom of making multiple followings and unfollowing’s daily, with no extra cost.

Trading Fee Discount For Strategy Managers:

By paying a fixed amount of COV tokens, strategy managers can unlock a 25%, 50%, and 75% trading fee discount.

This utility should further improve their trading results and profitability of all Covesting module traders.

To learn more about the rest of utility features and how to purchase COV tokens within the Covesting module, please visit the PrimeXBT blog for more detailed information.

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