The moment so many Covesting users have been waiting for is finally here: Beta The investment fund management module is now officially available on the PrimeXBT trading platform.
Last year, PrimeXBT announced a B2B partnership with the Covesting team, who has been developing the project since the company’s inception. The Fund Management Module beta is now ready for first-time users.
What investment fund management module offers to the trading community
This innovative new tool is unlike anything else found in the crypto market and allows highly experienced traders to make money for newbie investors.
The end result is that there are two types of traders that profit together, in a synergistic and meaningful way.
Imagine being able to invest in the trades of a legendary professional trader like Peter Brandt, and be able to profit from the positions and trades he does based on his experience in technical analysis and its transaction over 40 years.
Inexperienced traders looking to utilize and capitalize on the knowledge and experience of more veteran traders can simply invest in one of the top trader’s hedge funds and sit back to see the benefits. The profit increases in the strategy of the more experienced traders.
Fund managers make a portion of the profits of any income generated and investors leave their money and other traders to work for them. The better the public performance rankings of each fund, and the more the trader markets the fund to his or her followers, the overall earnings may increase for all stakeholders.
Covesting has created a unique peer-to-peer environment, designed to allow any trader to start his or her career as a fund manager. However, since all traders of different levels of experience will be allowed to create a margin trading related fund, these investments carry additional risks. All investors are recommended to conduct an extensive analysis before investing in any fund on the Hedge Fund Management Module by looking at performance in the Rating section.
It is important to understand that even the most successful traders cannot guarantee a sure return in the future, so diversifying investments across multiple funds is often the most effective strategy and there is no. risk.
Covesting and PrimeXBT will enable investment functionality later this year.
Report bugs and set an early name for your fund
PrimeXBT is rolling out the Investment Fund Management Module as a beta program to initiate a subset of users.
Their goal is to allow these early beta users to thoroughly test the platform to help discover and report any bugs on the platform, and possibly start early to generate funds.
Beta testers interested in helping shape and improving the platform through bug reporting can contact PrimeXBT via a 24/7 live support chat and report all bug details to see. review.
In addition to allowing users to try out the system early, the best part about the Hedge Fund Management Module beta phase is to allow fund managers to start early to fund creation, increase performance ratings and availability. ready for investors when the flood outlet is open at full launch.
Fund management module participating in other profitable tools on PrimeXBT
PrimeXBT and Covesting clients interested in registering for the Investment Fund Management Module beta, must first be registered users of the PrimeXBT platform.
Once registered, users can request early access to the Hedge Fund Management Module beta by entering their email address here.
Users with access to the beta program will be able to Create Funds, Manage Funds, view Public Ratings, and access Portfolio performance data. During the testing phase, no investments can be made to allow plenty of time to track performance unfolding so investors can make informed decisions about which funds to choose. .
The Fund Management Module beta is now available on PrimeXBT. Sign up for the hedge fund Management Module beta today and let us know in the comments what you think about the new tool!