ICO Review: First Zero-Fee Cryptocurrency Exchange. COBINHOOD Will Touch a Hardcap

in #cobinhood7 years ago

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COBINHOOD (https://cobinhood.com/) is a cryptocurrency exchange that offers zero or no cost trading fees. Find out all you need to know about COBINHOOD through my review reviews of the COBINHOOD platform.

This review considers investing in COBINHOOD (COB) with the current ico price with 1 ETH you will earn 4,000 COB per ETH, where there is no bonus.

COBINHOOD has launched an ICO (Initial Coin Offering) which will be used by ICO to build a future cryptocurrency exchange service platform. The Crowdsale marks the start of the foundation for the construction of the world's first zero-cost exchange exchanges, the high-frequency cryptocurrency exchange market which will be launched in November 2017, and complemented by the anticipated ICO underwriting service in 2018. During this ICO, investors can receive attractive bonuses up to 40% based on investment date, as well as 50% off margin trading loan interest. In the crowdsale as much as 1 billion COB tokens will be issued/sold, ICO COBINHOOD has started from 13 September 2017 and will last until 22 October 2017 (40 days) or 4 days before the ICO is officially closed.

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COBINHOOD also offers a free margin trading service with up to 10x leverage. Without relying on trading fees, the exchange income will come from interest on margin trading and underwriting of ICO. Regarding their technology, COBINHOOD states that their systems are fully distributed, highly available, and scalable automatically. The company keeps 98% of its cryptocurrency deposit in an offline multi-sig wallet, which requires 5 out of 8 geo-distributed hardware security modules to open. Moreover, all assets stored in the online wallet will be supported by an insurance.

COBINHOOD (https://cobinhood.com/) also plans to further develop its platform by launching ICO underwriting services. COBINHOOD will provide high-quality ICOs and ICOs that have passed rigorous due diligence, smart contract code review, and legal compliance. COBINHOOD believes that the evolution of blockchain technology and decentralized financial landscape will transform capital markets and business organizations.

What are the features on the COBINHOOD Platform:

  1. Zero % trading fees – No fees for buying and selling.
  2. Offline fund storage – 98% of all funds deposited to the exchange will be stored in an offline multi-sig wallet. The remaining 2% will serve for transactions.
  3. 2FA( 2 Factor Authentification ) – also withdrawing will require an e-mail confirmation.
  4. The first cryptocurrency exchange capable of high frequency trading – in a test situation the exchange reached more than 1,100,000 orders per second and more than 10,000 book updates per second.
  5. Fiat trading – The supported currencies will be USD/EUR/JPY/KRW/CNY/HKD/CAD/GBP/ AUD/NTD in future.
  6. The cryptocurrency exchange with most supported languages – Chinese/Japanese/Korean/English/Russian/ French/German/Spanish/Portuguese/Arabic
  7. Fast customer service – 24/7 available support.
  8. Decentralisation of the exchange in 2018
  9. ICO underwriting service – they want to ensure that the tokens have liquidity directly after the ico. But the ico’s that will be listed on the exchange will have to go through many criteria to pass like smart contract code reviews, legal situation of the ico, potential and only the best ones will be listed to ensure that customers of the exchange will not be burned.
  10. The ICO spark program – the team will help companies to integrate their products and services through the use of blockchain.

From what will they make money?

  1. Margin trading loans – you will be able to loan you funds and the company will receive some of the money you earn from that.
  2. Payed prime services for individual traders.
  3. The high frequency trading option will not be free.
  4. A percentage of the underwritten ico will be taken from the exchange as fees.
  5. Future services like crypto assets trading with stocks, forex, commodity, market indexes, and futures.

TOKEN AND ICO Details

COB Token is an ERC20 token that is in blockchain Ethereum. A total of one billion COB tokens will be issued. The ICO begins on 13 September and will end until October 22. During crowdsale, you can buy 5600 COB per 1 ETH. And will decrease towards the end of ICO, to 4000 COB per 1 ETH.

To date COBINHOOD has raised 41,636.1 ETH.

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If you are interested in COBINHOOD (https://cobinhood.com/), make a quick investment and follow COBINHOOD crowdsale which is only 3 days away and before the hardcap COBINHOOD is achieved.

For more information please click the link below:

Website : https://cobinhood.com/

Whitepaper : https://cobinhood.com/assets/whitepaper/whitepaper_en.pdf

Slack : http://slack.cobinhood.com/

Telegram : https://t.me/cobinhood

Twitter : https://twitter.com/Cobinhood

Facebook: https://www.facebook.com/cobinhood.exchange

Nama perusahaan: COBINHOOD LTD.

Email: [email protected]

BTT profile: https://bitcointalk.org/index.php?action=profile;u=827489;sa=summary

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