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Lesson 3
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What is the COV Token, & How to Use it on PrimeXBT?

Holders of the COV token receive a lot of benefits on PrimeXBT. Learn what they are, and how you can use the PrimeXBT token yourself!

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What is the PrimeXBT Token?

PrimeXBT’s special token, COV, can help boost the profit of successful trades and give access to special discounts on trading fees, increased profit share, and other benefits on the Covesting module. This utility token is the backbone of the Covesting ecosystem, offering unique incentive schemes for investors and traders.

Now, let’s move on to how to use all the services PrimeXBT trading offers for crypto-friendly traders.

How to Increase Profitability With COV Token?

In the “Portfolio” tab, you can see how your chosen strategies are performing, and use the COV Token to increase your profitability.

How to Access PrimeXBT Membership Plans With COV Token?

Under the “My COV” tab, you can use Covesting tokens to access different membership plans on the platform. All of them offer additional benefits for your trading.

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