COV Token Staking is live now

PrimeXBT, in partnership with Covesting, has launched Phase 1 of new COV utility token staking.

COV token staking adds even more utility to the COV token and unlocks a variety of benefits for Covesting ecosystem users.

By staking COV, users can enable three unique account membership tiers ranging from Advanced, Premium, and Elite.

Activating a membership plan unlocks four available utilities, which include:

  • The complete, 100% removal of entry fees for new followings
  • A profit share increase in favor of the follower of up to 5%
  • Up to an unlimited increase in followers for strategies
  • And a reduction in trading fees for strategy managers

For additional details about Phase 1 of COV token staking, please visit PrimeXBT’s Help center.

If you had an old COV token utility that was active on your account at the time of COV staking implementation, it has been canceled and the funds paid out for it will be returned to your platform Wallet.

To continue enjoying the benefits offered by COV Token utilities, deposit COV tokens to your account and stake them to activate membership.

COV token staking is now live starting today on PrimeXBT.

We invite you to explore the service and give it a try.

Participate in COV token staking

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