Cryptocurrency Exchange competition is also a very tight competition at the moment, at least some new exchanges are launched every month. Each exchange provides many facilities for each user to trade. However, you still have to choose an exchange that you really trust, because security is the most important thing in my opinion after seeing the many exchanges that have been hacked.
Is COBINHOOD EXCHANGE Safe?
In this section, I will highlight some of the features and facilities provided by COBINHOOD which I think are cool.
1. Buy and Sell Services
You are very easy to use selling and buying services at Cobinhood, just by registering yourself by verifying your email without verifying KYC, but you will be limited in withdrawing. To increase the withdrawal limit, you must increase the verification level.
There are 3 verification levels in Cobinhood
How to get verified?
Register here
Once logged in, click the top right button for the menu to slide out.
Click Account > Limits.
Choose which level you want to apply for.
Provide the necessary information accordingly.
2. Cryptocurrency Supported
Cobinhood supports a variety of cryptocurrency trading. Until now there are 115 trading pairs contained on it. Among them you will find popular cryptocurrency like BTC, BCH, ETH, LTC, EOS, NEO and many other popular ERC20 tokens.
3. Trading Fees
COBINHOOD is the world's first ZERO Trading Fees cryptocurrency. As the first zero fee (read: FREE), high frequency cryptocurrency exchange, it aims to maximize return on investment for all customers. So that investors and traders can get the best and most profitable executions and maximize their market liquidity. Customers aren't charged anything for spot trading or margin trading.
4. Crypto Asset Deposit Secured
COBINHOOD stores the vast majority of the crypto assets deposit in an offline multisig vault, which requires 5 out of 8 geo-distributed hardware security modules to open. Furthermore, crypto assets stored in online wallets will be backed by insurance.
5. High Peformance Order Matching Engine
COBINHOOD's proprietary order matching engine can process millions of orders with sub-millisecond latency. The whole system is designed to be fully distributed, highly available, and auto scalable, achieving the ultimate trading experience for traders around the globe.
6. COB Token
COB is Cobinhood tokens. Traders who hold COB tokens in their account are eligible to receive many benefits, one of them is used to pay for withdrawal fees. Using COB tokens for withdrawal fees will give traders 50% discount when withdrawing (e.g. if original fee is 0.007 ETH = 0.00056 BTC = 5.38 USDT = 59 COB, then the discounted withdraw fee using COB is 29.5 COB).
7. COB Point
COB Points are another benefit of holding COB tokens on COBINHOOD Exchange. It is a reward system that takes into account the amount of COB you have and the amount of time you've held your COB for on COBX so you can be eligible to claim privileges. COB Points cannot be traded or transferred.
How are COB Points calculated?
The COB Points calculation: COB balance x COB holding time x CP rate (Default CP rate = 0.000005%). CP Rate is a number that is used to determine the distribution of COB Points. CP Rate may change depending on the specific rules of each campaign and will be specified on each campaign page.
8. Margin Trading
COBINHOOD will also allow users to do margin trading and get leverage up to 3x. COBINHOOD will officially launch margin trading in Q3.
9. Mobile Apps
COBINHOOD also provides cool mobile apps for iOS and Android users. You can trade, deposit and withdraw your assets through the application. For some reason I think their mobile apps is easier to use than opening it through a browser.
10. Hacking History
As far as I know, COBINHOOD has no history of hacking or never being hacked and stealing user funds. That means they are very safe.
Read the list of cryptocurrency exchanges that have been hacked: https://rados.io/list-of-documented-exchange-hacks/
11. Free Token
COBINHOOD provides benefits to users with lots of rewards. If you visit their website, this platform has a menu called Free Token which you can get rewards by following some campaigns that have been available.
12. Customer Support
COBINHOOD Help Center has many questions and answers frequently asked by users. So you can use it to solve your problem.
But if you don't find the answer to your problem, you can send an email to support@cobinhood.com
TOKEN LISTING
On September 14th, the Cobinhood exchange officially announced that KICK token is listed and can be traded on the exchange.
TRADE KICK NOW:
https://cobinhood.com/trade/KICK-ETH
https://cobinhood.com/trade/KICK-BTC
What is the KICKICO platform and what is it for?
KICKICO is an ecosystem, combining initiatives of entrepreneurs, investors and service-providers into a community that allows every participant to benefit. It is a community-based platform on blockchain, used to host fundraising campaigns, support, rate and discuss them, purchase their tokens via cryptocurrencies.
The platform is serving the interests of each and every user, giving authors an opportunity to communicate with their potential customers directly. Crucial feedback from the community will help them to find and fix their weak spots, meanwhile preparing their campaigns to be launched.
Investors, in their turn, are getting valuable information and various tools, drastically improving the token purchase decision making process, spiced up with pleasant bonuses.
KICK TOKEN PROMOTION CAMPAIGN ON COBINHOOD EXCHANGE
KickCoin (KICK) Mission FOMO
Currently, KICK Airdrop Mission FOMO is in progress until 10-01 06:00 (UTC+0). You must buy 10000+ or 20000+ KICK in only one market or limit order, it can not be split into multiple buy orders. You can only redeem from one of the tiers in this mission. Remember, to redeem rewards you must have level 2 verified Cobinhood exchange accounts before the redeemption period ends.
So, don't miss this chance!
KickCoin (KICK) Trading Challenge
COBINHOOD conducts trading challenges for all users who trade KICK tokens on the COBINHOOD exchange. Trading challenges will be held for 10 consecutive days which will open on the first day 10/2. COBINHOOD will reward the Top 10 traders each day with a share of 100,000 KICK. The #1 trader EACH DAY will win 27,000 KICK.
1st = 27,000 KICK
2nd = 19,000 KICK
3rd = 16,000 KICK
4th = 14,000 KICK
5th = 11,000 KICK
6th ~ 7th = 4,000 KICK/each
8th ~ 9th = 2,000 KICK/each
10th = 1,000 KICK
Contest Period:
10-02 00:00 (UTC+0) ~ 10-12 00:00 (UTC+0)
The traders chart will display an initial list of top traders once contest period is over.
Validation Period:
10-12 00:00 (UTC+0) ~ 10-31 00:00 (UTC+0)
The list on display will undergo a validation period to check the legitimacy of their participation in the contest.
Updated Result Announcement Date:
10-31 00:00 (UTC+0)
Prize Redemption Period:
10-31 00:00 (UTC+0) ~ 11-08 00:00 (UTC+0)
Rules:
Traders will be ranked based on USER SCORE.
Trading Volume definition: Includes both BUY and SELL orders in any KICK pairs. The calculation unit is KICK.
“The Acceleration” definition: the multiplying amount is based on the COB Points you exchange. The default acceleration is 1x.
The acceleration you receive via your COB Points will be available for whole trading contest period.
The acceleration can be redeemed by COB Points from 9/28 00:00 (UTC+0) to 10/12 00:00 (UTC+0).
If you have exchanged your COB Points for one acceleration, but you’d like to change to another acceleration, then you will need to make another COB Points exchange. Please note, switching to a higher acceleration will not mean that it multiplies your previous acceleration. For example, if you first exchanged 5 COB Points for 3x, but then you raise your acceleration to 5x, this acceleration will only equal 5x, not 3 multiplied by 5x.
Traders can join the trading contest every day. Each trading contest resets every day at 00:00 UTC+0.
Each trader’s chart will undergo a validation period to check the legitimacy of their participation in the contest.
DETAILS FOR KICKCOIN (KICK) TRADING CHALLENGE WILL BE OFFICIALLY ANNOUNCED BY COBINHOOD EXCHANGE, MAKE SURE YOU FOLLOW THEIR SOCIAL MEDIA
Telegram: https://t.me/cobinhood
Twitter: https://twitter.com/COBINHOOD
Facebook: https://fb.me/cobinhood.exchange
Reddit: https://www.reddit.com/r/cobinhood
Medium: https://medium.com/cobinhood