Dear community,
We are proud to announce that our Trading Competition and Bug Bounty have come to an end. We extend our sincerest thanks to all who participated. Through the two programs, Covesting was able to extensively test our know-your-customer (KYC) process, received many great suggestions and bug reports, and gained extremely valuable trading activity data that will help us continue to improve our platform ahead of the upcoming soft launch.
Trading Competition Results
The battle was tough and hard-fought as the competition faced challenging, sideways market conditions, However, using the right trading strategies and asset selections, our traders saw much success, proving that copy-trading can be a helpful tool for growing investment portfolios. In fact, the #1 trader in the competition earned an extremely impressive 58% ROI in just four weeks despite the ongoing market downtrend.
Winners were determined by the USD value of their portfolio. Here is the list of our Trading Competition winners:
Congratulations if you are on the list! We will be contacting the winners to distribute prizes very soon. Thank you to everyone who entered!
Bug Bounty Program Results
During the four-week Bug Bounty Program, we received 1,425 total reports highlighting discovered bugs and offering helpful suggestions. Our support team worked around the clock in order to read, classify, and address all reports. We looked at not only the number of reports, but also the report quality and the criticality of the bugs discovered. Our internal teams continue to review bug data and take corrective measures to ensure all bugs are fixed ahead of the upcoming soft launch.
We will be in touch with the winners shortly to distribute prizes.
Please continue to report any bugs, and to trade on the platform using the funds offered during the Trading Competition — they are yours to keep up until the soft launch!
Thank you to everyone who participated in helping improve Covesting!
More news to come!
Yours,
The Covesting team
