More Info About ICO
|ICO Name||CoVEX (PreICO)|
|Start Date||September 01, 2019|
|End Date||September 28, 2019|
oVEX smart contract is based on the next-generation ERC223. Traders can trade and exchange cryptocurrencies, enhance their copy trading skills and compete with each other’s trades within their trading groups. In other words, we are making social/copy trading, margin trading, and payment gateways transparent, highly secure and reliable. The CoVEX token which will be implemented on Ethereum Blockchain under ERC223 standards will act as a reward-generating cryptocurrency. This means CoVEX token holders will receive bonuses in the form of transaction fees.
|Price||1 COVEX = 0.005 ETH||Sale||192,500,000||Payment Mode||ETH|
|Minimum Investment||0.1 ETH||Distribution||77%||Raised||N/A|
|Soft Cap||N/A||Hard Cap||N/A|
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.