Coinvest will be a trading platform (and market maker) where you make investment transactions and redeem profit from your trades through a process that is completely decentralized and handled by smart contracts. Our platform will be an all-in-one investment platform, wallet, and exchange (future). We aim to be a one-stop solution that enables anyone to easily buy, invest in hundreds of different cryptonized assets, and spend cryptocurrencies using only one wallet and one coin.
To make this more real, let’s apply this to a potential real-life scenario. Imagine if you want to invest in 20 different coins. With today’s solutions, you would have to:
- Search and find all of the exchanges that support the coins you want
- Go through KYC checks for each exchange
- Place 20 individual trades and incur % fees for each trade
- Worry about having multiple wallets to support multiple protocols
- Manage different private keys
- Sell and convert your assets back to fiat currency before being able to spend them
On Coinvest, you could execute all of the above in one trade, for one fee ($4.99) and only have to manage one wallet. From there, you can spend your COIN directly from your wallet, without having to convert it back to fiat (using our built-in debit card support).
Today, current solutions in the market are just too complicated. We want to make this so easy that even Grandma can use it and participate in this new revolution.