Sirlibz
Covalent has announced that it is partnering with UpBots, an all in one platform that brings together the best crypto trading tools and strategies that are generally stand-alone services.
Covalent hopes to be able to help both the novice and seasoned traders in the accounting of their digital assets on UpBots. UpBots aims at serving traders with better and excellent trading options and unique tools in the cryptocurrency space and beyond. Their goal is to diminish the gap that exists between amateur traders from the seasonal traders through a marketplace for trading bots, signal providers, social copy trading and an online learning platform. A dashboard is being developed to enable trading and charting across multiple of the most respected and liquid crypto exchanges.
“We are delighted to be branching out into the trading ecosystem, especially through such an exciting project as UpBots. Covalent will empower and inform the decision making of the UpBots user through granular, real-time data. Furthermore, it is a privilege to be partnering with a project addressing the educational barriers that are without a doubt significant obstacles in achieving mainstream adoption.” Quote from Benjamin, CEO of UpBots.
Covalent plans on introducing a number of features to be available to the user, this includes the ability for users to be able to view a time series of their wallet via Covalents granular, historical data. This feature will enable users to view their historical balances and real-time daily wallets figures, this will help users who wish access to this to be able to keep records and provide them for tax purposes or when necessary. Another feature to be included will be the ability for users to receive real time notifications on their positions.
Covalent is one of the upcoming low cap DeFi projects and raised over $3 million from a number of investors such as ConsenSys, FRONTIER, SKALE, MATIC and many more. They partnered with Shyft Network, a blockchain protocol that allows encrypted, attested and secure data transfer while allowing people to develop applications and infrastructure for global citizenship, trusted data and regulatory compliant -privacy.
