Trading for Zero fee can be really interesting knowing that you are maximizing your output(profit), but the issue is, how reliable is the exchange. Cobinhood is a reliable exchange that ensures that traders trade with ZERO risk or inconvenience attached. Today we shall be doing a review of this exchange; I hope I answer some of your questions that might arise during this process.
What Is COBINHOOD?
It might interest you to know that Cobinhood is the first exchange on the blockchain technology to offer ZERO CHARGE ON TRADE to their users. Like I said Cobinhood provides a free of charge transaction on trade via the platform, how it achieves that is, when we hear about Cobinhood what comes to mind is Robin hood and as the name implies, obtaining from the rich to enrich the poor. This is the goal of the platform, to make its users experience the best trading adventure any exchange can ever give. Cobinhood offers ZERO TRADING FEES for both margin traders with about 10x leverage and spot traders.
Furthermore, Cobinhood is creating an ICO underwriting service; for a clearer understanding of underwriting, Underwriting is an important function in a financial environment, it involves an institution or an individual accepting the risk of partnership with an investment. Underwriters are found in various financial institutions which include stock markets, banking and insurance. Cobinhood is giving opportunities to firms which include companies or enterprises and infant blockchain setups to launch their ICOs through the Cobinhood platform, not just that Cobinhood will allow these companies to enjoy services like security auditing, testing and many more services.
COBINHOOD is a cryptocurrency trading platform that boasts time-trades and ensures high level of security.
The founders of COBINHOOD are Wei-Ning Huang and Popo Chen. The COBINHOOD TEAM is endowed with intellectual individuals; I'm talking about the likes of Tony Scott a technology veteran who was a Microsoft executive. Mr Scott served as an advisor in the Obama administration or regime, and many other experts and professionals in their various fields of study and interest.
COBINHOOD eliminates all forms of charges on trade unlike other exchanges that charge the conventional fee of 0.2% on trades. Cobinhood promises traders and investors the best and most profitable execution of trade, while on the other hand, maximizing the exchange market liquidity.
COBINHOOD provides an improved user experience by ensuring that their customers are well attended to, this is done through the provision of standard customer care service representatives that are well trained and mannered to attend to the needs of customer at all time.
If you have questions with regards to the supported currencies or if there are issues you have encountered during your trading sections and you need special assistance, Cobinhood customer service team can be reached through mobile app and the Cobinhood website. Your request will be attended to within 24hours. Rapid response.
IN CONCLUSION
Signing up on the platform is such a good way to start your week. Reason being that there are Zero fees on placing orders; this implies that, there are zero fees on both the sell and buy side of any trade carried out. But bear in mind that the zero charge is only on trade, it does not apply to withdrawals. You are still required to pay the required fees to the blockchain miner that would authorize your transactions, the normal withdrawal protocol must be followed. As a result, fees on deposit are based on the digital currency you are sending and what the charges are.
Cobinhood is offering you a 50% discount when withdrawing. That is to say that Conbinhood is responsible for all your withdrawals, if you have the COB tokens in your account wallet to pay with. I will be talking more about COB tokens and more features of the Cobinhood platform. Thank you for reading. This is 