Coinvest Announces New Partners, Lower Flat-Rate Fee Structure, Security Enhancements, and New Features Across Its Wallet and Exchange.
NYC, NY — Since recently launching Coinvest, a non-custodial wallet and derivatives trading market and Coinvest Plus, a secure exchange for digital assets, Coinvest has spent the past month iterating and improving their products based on the user feedback.
One of the most important announcements is the change in its fee structure. While other exchanges are moving towards higher fees for the small and irregular traders, Coinvest has announced that they will now have a uniform flat-fee of only $0.99 per transaction on all Coinvest products. Unlike all current trading platforms and exchanges that offer a percentage-based fee, their $0.99 flat-rate ensures transparency in a fee schedule that is simple, predictable and requires no math.
According to Nam, “This move is in keeping with our commitment to making technology serve the needs of the masses while providing access to financial opportunities that have historically been limited within the domain of the technical or elite.”
Only a month since launch, the Coinvest ecosystem is also ready to welcome new partners to the family. The company has announced that they will be adding over 200+ digital assets to the Coinvest platform and smart contracts in the coming weeks. By simply using $COIN, you can now invest in hundreds of different individual assets or combine them into one personal index for $0.99.
For the Coinvest Plus platform, they are happy to announce that the following assets are now available for exchange:
- XRP ($XRP)
- Bitcoin Cash ($BCH)
- Monero ($XMR)
- Dash ($DASH)
- Zcash ($ZEC)
- Qtum ($QTUM)
- Holochain ($HOT)
- Nexo ($NEXO)
- GoChain ($GO)
- Dentacoin ($DCN)
- Daps ($DAPS)
- Loki ($LOKI)
This is in addition to their launching assets, Coin ($COIN), Bitcoin ($BTC), Ethereum ($ETH), LiteCoin ($LTC), Basic Attention Token ($BAT), and Gemini Dollar ($GUSD). Each new asset will have a specific trading market alongside $COIN, $BTC, $ETH, and $GUSD.
Security, Features, and UX
At the request of user feedback and to greatly enhance the overall user experience, the team has made a number of updates on the design and user interfaces for both Coinvest Wallet and Coinvest Plus to greatly enhance the overall user experience. Layouts have been optimized while additional tools have been added to help facilitate user investment decisions. Collectively, these updates help reduce confusion and friction for quick trading. Enhancements and optimizations were also made for the security of their users, such as 2-Factor Authentication for Coinvest Plus to help protect traders and the overall platform.
Additional no-cost features mark the company’s commitment to becoming a one-stop shop with the prominent addition of lending facilities brought by their partnership with Celsius Network.
Through this partnership, they are offering their users the ability to lend and earn interest on their assets. Through this extra value added service, users will not incur origination or closing fees, penalties, early termination, and default fees.
Damon Nam, Founder, and CEO of Coinvest, states “we continue to seek more ways in pushing boundaries to increase adoption and access to digital assets for the overall blockchain industry. We are maniacally focused on continually improving our products and services to best suit our user’s needs. Additionally, as a U.S. SEC, FINCEN and FINRA registered company, we are also committed to providing the utmost compliance for our products so anyone can take advantage of our services without worrying about the safety of their investments. Our long term stake on the success of the industry as a whole and the Coinvest ecosystem, in particular, makes Coinvest the brand of choice for people looking for transparency, simplicity, security, affordability, and compliance.”
Coinvest is a technology company that develops solutions to empower the world to execute financial transactions with freedom and simplicity. The company’s mission is to democratize finance and bring the power of financial services into the hands of the consumer.
Coinvest is lead by a team of Microsoft alumni and prominent advisors Tony Scott, former CIO of the US Government, VMWare, and Microsoft, Alex Mashinsky, Founder and CEO of Celsius Network, as well as Pete Cashmore, founder of Mashable. Coinvest is one of the few blockchain companies in the world registered with the United States SEC, FINRA, and FinCEN. For more information about Coinvest, please visit: https://coinve.st.