Covesting, a cryptocurrency copy-trading platform, has mead headway in the cryptocurrency industry space, especially due to its most recent announcement. The announcement included the company’s plans to start beta testing a new system that is set to alter blockchain.

The new platform is poised to be released in 2018 and since the announcement, over 1200 professional crypto traders have applied for positions. Further, the platform may be able to bring copy-trading and professional asset management providers to the crypto world.

The beta testing period comes at the heels of Covesting’s most recently developments, which include the initial coin offering (ICO) and the release of its Crypto Intelligence Portal, and recruitment strategy. The recruitment strategy led to the company to make gains concerning its team, such as that veteran Saxo Bank executives Kurt Carlsson and Peter Kristenson joined its ranks.

Further, the company has invited 200 beta testers who have registered on its site prior to March 30. The group will be provided with an initial deposit of 0.2ETH so that they can explore all of the features and report any bugs to the company that they experienced while using the platform. The testers are also encouraged to share their opinions about the interface/UIX issues, problems with the execution of orders, and more. Their suggestions are poised to improve the platform and to provide the company with the information necessary to make changes before the full release.

Covesting also makes it easy for everyday investors to look up the performance of other cryptocurrency platforms and to mirror their trads automatically. The platform simplifies the trading process for investors by showing the effectiveness of their results and allowing them to compete with other traders in a uniform environment.

The platform was originally created by Dmitrij Purglo and other ex-Saco Bank managers. With their extensive background in FX equity, derivatives trading, and more, they’ve been able to develop a platform that works well for investors. Additionally, one does not need to be an expert to use the investment platform. To the contrary, it is applicable for anyone.

Dmitrij Purglo, Covesting’s CEO released a statement regarding the company’s most recent moves. In his words,

“We are pleased to announce that the cryptocurrency community showed a huge interest in besta testing of our platform, and the number of applications considerably exceed our expectations. We selected the most experienced traders and the most dedicated members of our community as participants of beta testing, but we may offer some other participants to take part in the process later.”

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