General Overview of CobinHood The Zerofees Trading Platform...

in #cobinhood6 years ago

There has always been a problem with adoption to crypto trading, but that is no more as more and more exchanges adopt a zero fee trading system.

I really love the way many new Cryptocurrency exchanges are coming with the offer of zero trading fees.

It has come to my realization that people fear to engage in one of the most lucrative business in the crypto space at the moment,trading!

I will talk of ways how that risk can be reduced by CobinHood in this post. One of the ways is Margin funding where you can lend funds to other traders and you earn interest on their trades!

I will now delve more into CobinHood below.

It would be better to first define what CobinHood is before delving deep into the other specifics like services and products!

What is CobinHood?

COBINHOOD is the next-generation cryptocurrency service platform, our vision is to shape future economies by creating a crypto financial center for the blockchain era. COBINHOOD is a place for dreamers and doers.

It has to be noted that CobinHood is not only a cryptocurrency exchange but it also provides ICO services to solve ICO token liquidity issues as you will read below.

CobinHood Products

There are currently 4 products offered by CobinHood as I will briefly describe them below.
1.ICO-Services
There are really many companies that suffer during ICOS,CobinHood has come to take oof that burden from all crypto startups!
I will give a detailed view of this in my next posts.

You can read more about that here
2.Instant Listing
This means that CobinHood can help your token be listed on the CobinHood Exchange.

Let me quote directly from the CobinHood Website
Instant listing is a smart and easy way of listing your ERC-20 token listed on CobinHood Exchange within 1 day and 1 click.
We all know how hard starting a new company and project is, and providing liquidity to a new token is even harder. Instant listing is the way to solve your problems.

You can check out more about Instant listing here

3. Margin Trading/Funding
The word says it all and that is buying on margin! This literally means traders are able to trade on more than they would with only their funds!

Margin Funding allows margin funders to lend crypto funds to margin traders in return for interest on the traded crypto funds.

You can read more about Margin trading and Funding here
4. Developer Platform.
CobinHood offers their API for Public use, I will also explain this in detail in my next posts.

There is more great info about the Developer API here

Reasons Why You Must use CobinHood Exchange

1. Free tokens
There are countless easy ways to win free cryptos with CobinHood like Candy Machine and Airdrop Center.
2. Free Tutorials
CobinHood offers users a variety of tutorials on almost every subject regarding the exchange.
3. High-Frequency Trading
The CobinHood exchange is ideal for advanced high volume traders as the API offers the highest rate limits.
4.COB Points
You can be rewarded special privileges like the loyalty program
5. Margin Trading & Funding
I already explained this above so no need to again!
6.Fiat to Crypto Trading
You can deposit and withdraw fiat with the CobinHood trading service. You can use USD to trade BTC and ETH.
7.World-Class Security
CobinHood stores the vast majority of their crypto asset deposits in a highly-secure offline multisig vault, the crypto assets are also stored in online wallets backed by insurance.
8. Market Info
CobinHood offers a wide range of info concerning the cryptocurrencies you will be trading on and those on the market.

I will write a detailed post explaining all these points above.

The CobinHood Exchange also has great Apps which you can download from the respective links below.

Android and IOS

CobinHood Team

The CobinHood team is a blend of old and young folks who are passionate about cryptocurrency.
I will directly quote their profiles as shown on the website

1. Popo Chen: Co-Founder

He is a 26-year-old serial entrepreneur,

Chen Tai Yuan is a 26-year-old serial entrepreneur who skipped one year of senior high school and entered NTU (National Taiwan University) as an Electrical Engineering major and earned an Electrical Engineering master’s degree at the age of 22. At the age of 24, he founded 17 live streaming, a leading live streaming platform across Asia with more than 5M daily active users. In three months, 17 live streaming raised 10M USD. Angel investors got 20x return on investment within a year.

2.Wei-Ning: Co-Founder

Wei-Ning has three years' working experience at Google. Before that, he was an active open-source contributor and worked in the open-source space for more than five years. He specializes in building large-scale web applications with demanding throughput and availability. Wei-Ning is also an early adopter of cryptocurrencies, having five years of cryptocurrency trading experience and deep understanding of the blockchain technology.

3.Tony Scott :Advisor(Former U.S. Federal Chief Information Officer)

Tony Scott was the third U.S. Federal Chief Information Officer, serving from 2015-2017. During his tenure, he was involved in leading various digitalization and blockchain-themed projects as well as improving the cybersecurity of government. Scott’s 40-year career in information technology includes roles as CIO of VMware, Microsoft and The Walt Disney Company. Today, he leads the Tony Scott Group, which provides IT consulting and advisory services to the public and private sector. Scott also serves as a research director at the Blockchain Research Institute, a global knowledge network.

I will delve depth into each what i have genearlised in this post in my next article,I will write each of the parts in details.

You can read more about CobinHood from these links below

Project Website: https://cobinhood.com

Products & Services: https://cobinhood.com/ico-services

https://cobinhood.github.io/api-public/

https://cobinhood.com/margin-trading

and https://cobinhood.com/instant-listing

Cobinhood Team: https://cobinhood.com/about

Cobinhood Story: https://youtu.be/4Ro3kKnZIG8

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

Medium: https://medium.com/@Cobinhood

Twitter: https://twitter.com/COBINHOOD

Instagram: https://www.instagram.com/explore/tags/cobinhood/

“DISCLAMER: The information contained within this post shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money by investing. The following information is for educational and entertainment purposes only.”

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Jarau Moses

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This is awesome

It is awesome indeed and i guess their token will skyrocket soon!

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