Cobinhood - ZERO TRADING FEE EXCHANGE - All your crypto assets 100% insured - Amazing ICO under the radar
Cobinhood - Zero Trading Fee Cryptocurrency Exchange. Um Yeah... Been waiting for an exchange to do this for a while now.
I wanted to talk about Cobinhood today. I have been day trading crypto's for a while on Bittrex and recently Binance. While they are great, I have paid a ton in trading fees. So when I found out Cobinhood will charge 0 fees for trading that got me excited.
Cobinhood allows margin trading up to 10x leverage and if you hold COB tokens you receive 50% off margin trading loan interest when paid with COB.
Have you ever participated in an ICO wondering when it will hit exchanges? Well I do all the time and it sucks to wait. Cobinhood will underwrite worthy ICO's and the tokens for those ICO's will be tradable immediately on the Cobinhood exchange as soon as the ICO Crowdsale ends. This is a huge deal. So no more wondering if the ICO will hit a good exchange or when. Did I mention 0 TRADING FEES??
Also, if you own COB tokens you will also get to buy ICO tokens (that are underwritten by Cobinhood) at lower cost which gives you bonus coins. The discount you get is calculated like this:
(ICO Tokens Received by COBINHOOD from ICO Underwriting Service) * (The Amount of COBs Owned) / (Total Amount of COBs). Any extra coins you get during an ICO is a big deal as that is extra cash in your pocket. You get this benefit just for holding some COB tokens.
Lets say for example a new ICO is launched on Cobinhood. You want to participate in it. You own 50,000 COB tokens. The new ICO is called COOL ICO. They have a total of 200,000,000 tokens total. So you would calculate it like this:
10mil(Cobinhood underwriting fee) x 50k(your COB amt) / 200mil (Total COOL Tokens) = 2,500 COOL tokens bonus.
Long story short, Cobinhood charges 0 fees for trading... That alone will bring in tons of users and generate lots of trade volume. Margin trading with 10x leverage... Super fast trades with proprietary matching trading engine... All crypto assets in Cobinhood online wallet will be 100% insured (in case someone tries to hack).
The ICO is still going on at this time at: Cobinhood.com or you can try and buy it on Etherdelta if you wish as it is already trading there.