oVEX smart contract is based on the next-generation ERC223. Traders can trade and exchange cryptocurrencies, enhance their copy trading skills and compete with each other’s trades within their trading groups. In other words, we are making social/copy trading, margin trading, and payment gateways transparent, highly secure and reliable. The CoVEX token which will be implemented on Ethereum Blockchain under ERC223 standards will act as a reward-generating cryptocurrency. This means CoVEX token holders will receive bonuses in the form of transaction fees.