What is Circuits of Value (COVAL)?
COVAL is an Ethereum composite token that powers Emblem, a platform where users can create custom combinations of ETH, ERC-20, and NFT tokens into a single, tradable token called a Vault. COVAL can be used to create Vaults and is issued as a reward to liquidity providers. It allows you to build an entire portfolio of tokens and NFTs, each to the desired amount, and trade all the assets as one single token, offering you advanced accessibility. COVAL has a total supply of 2 billion and a circulating supply of 1.2 billion.
How to Deposit COVAL Into Your Coinmetro Account
For all information on how to deposit COVAL into your Coinmetro account, please see the following help center article: How to Deposit COVAL.
As Coinmetro uses smart contracts for Ethereum and ERC-20 token deposits, the amount of gas required is slightly higher than a typical transfer. To be sure that your transaction is successful, please set the transaction gas limit to 55,000. The fee difference is minimal. If your gas limit is too low, the transaction will simply be rejected by the Ethereum network. There is no risk of loss of assets caused by a too-low gas limit.
If you're depositing from another exchange, it is important to ensure they support sending funds to ETH contracts or using a full ETH wallet as an intermediary.
How to Withdraw COVAL From Your Coinmetro Account
For all information on how to withdraw COVAL from your Coinmetro account, please see the following help center article: How to Withdraw COVAL.
Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be confirmed via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.
Withdrawals waiting for approval can be canceled and the withdrawal status can be found by selecting the Wallet on your Coinmetro Dashboard. Please note that already-approved withdrawals cannot be canceled. If there is no Cancel button visible, this unfortunately means the withdrawal can no longer be canceled, and you will find a transaction ID (TXID) instead. This is a link to the relevant transaction hash on a Blockchain Explorer website where the status can be checked further.