PrimeXBT, one of the fastest growing trading platforms offering forex, cryptocurrencies, stock indices, commodities and more under one roof, has announced the long-awaited launch of the Covesting Income Accounts module.
on the crypto
Covesting income account now available on PrimeXBT
Covesting Income Accounts joins the rest of the Covesting ecosystem and a number of world-class advanced trading tools on PrimeXBT to offer platform users another way to generate passive income, all from a single account.
Covesting Contas de Yield technology provides direct access to major DeFi protocols, such as Uniswap, Compound, Curve, Yearn.Finance and others, but without the need for technical knowledge or to connect wallets to a decentralized exchange. Using the tool, users can securely aim idle crypto assets for the industry's best variable APYs by up to 10% in current market conditions.
The tool provides a fully transparent estimate of the expected APY rates. With just a few clicks, users can start staking any crypto assets stored in a secure PrimeXBT encrypted wallet for passive income, making the benefits of DeFi much more accessible to all.
PrimeXBT and the ongoing roadmap of innovative launches
Covesting Income Accounts is the latest update under an ongoing white label licensing agreement and B2B partnership between PrimeXBT and authorized European fintech developer Covesting. Other innovations include Covesting's copy exchange module and the staking of COV tokens, which can unlock utilities that raise APY rates when using Covesting's income account system.
It is also just the latest in a growing range of resources and ongoing updates released by the two companies in collaboration. PrimeXBT recently unveiled seven of the most popular new crypto altcoins, while Covesting made several major security updates for margin allocation and performance metrics in Coovesting's copy trading module.
Going forward, PrimeXBT and Covesting will link Covesting Yield Accounts to additional DeFi protocols and CeFi platforms to further increase returns and enhance diversity across the entire service.
About PrimeXBT
PrimeXBT is an award-winning fintech company founded in 2018 offering a synthetic contract trading infrastructure for cryptocurrency, FX, indices and commodities. The platform provides access to a wide range of trading tools, maintaining security, liquidity and enabling a safe and efficient trading environment for all. PrimeXBT also offers the Covesting copy trading module, which allows users to browse hundreds of trading strategies provided by other traders and automatically copy their trading activities.
To find out more, visit https://primexbt.com.
Follow PrimeXBT on Facebook e Twitter.
About Covesting
Covesting is a global fintech company incorporated under the laws of Gibraltar, offering various software solutions to retail and institutional clients around the world. Covesting has become one of the first companies in the world to receive a license for distributed ledger technology (DLT) from the regulators of Gibraltar.
For more information, visit the site cowsting.io.
Follow Covesting on Facebook, Twitter, and Telegram.
