PrimeXBT Covesting copy trading module reviews
Every review of a client is extremely important for the PrimeXBT team because it helps to make the services better. The same principle is applied regarding testimonials of the Covesting module users. This copy trading solution is one of the favorite tools for many clients of PrimeXBT. We see this from tons of their positive reviews on different specialized platforms.
History of the project and its goals
Covesting is the PrimeXBT copy trading service that was launched in August 2020. Since then, every user of the exchange has the possibility to make passive income by copying others’ strategies or sharing their deals with other participants.
The full version of the copy trading platform was launched only 2 years after the launch of the original exchange because the module was beta-tested for several months. During this period, the team of the platform paid attention to every PrimeXBT Covesting review of beta-testers because it aimed to introduce the perfect product.
Is Covesting legit and safe?
Many beginners are afraid toof starting copy trading because it seems illegal to benefit from strategies developed by other users. However, that’s a myth. Covesting is a platform that provides completely legit services. All strategies, listed here, are shared by their developers. Except for being 100% legit, copy trading on Covesting offers several more advantages:
- it saves time you would otherwise spend on research and analysis;
- it is a good way to make passive income;
- the platform opens and closes copied trades automatically;
- you don’t need to have any trading knowledge to profit from others’ strategies;
- you can learn how to trade by following experienced participants;
- those who share profitable strategies make extra income
Copy trading on Covesting is completely safe for both managers and followers. All data are protected by SSL encryption. Funds are stored in cold storage, meaning no one except for owners can access them. You can copy strategies and make good money without being afraid of any security issues!
PrimeXBT reviews on Trustpilot, Sitejabber, Fx-List, and other platforms
Users of Covesting eagerly share their clients’ reviewsclients reviews on different platforms. Here are just a few examples from the most popular sites for testimonials:
- “From many Covesting reviews I learned that this stuff is really cool but I didn’t want to trust until I tested. You know, your own experience is always the best teacher, or how they say it. Never mind, the thing is this tool (or service, call it how you like, it doesn’t matter), is really working! Cool for beginners!” – Jonathan W. on Sitejabber.
- “Covesting isn’t the best copy trading platform I’ve ever tried but it’s definitely on my top-3 short list. This tool is very convenient although I can’t say I enjoy the selection of tradable products. But filters are very nice, I can search strategies very quickly and efficiently, which saves a lot of my time.” – Chloe on Fx-List.
- “In general, I like this possibility and I think this module is very helpful for beginners. What else I can say…I also like that the selection of strategies isn’t limited to several experienced traders. The choice is always good. What’s more your can upgrade your plan and use additional perks. This also seems very attractive.” – Todd Miner on Revain.org.