Have you searched all over the internet for the best Crypto exchange that can solve almost or all of your crypto needs?
I know the statement above is bold! I am sure by the time you complete this post you will have accepted my bold claim!
The crypto world is moving at a very fast pace and a lot of developments are happening for our benefit.
We just have to look for the right information that can solve our crypto needs.
I have realized that many folks are now gravitating towards crypto trading.I say this because, in almost all my last crypto meetups, most folks introduce themselves as crypto traders!
In this post here today I will talk about the incredible services/products offered by CobinHood which is a zero fees crypto exchange. It is not only an exchange as you will find out more below.
It is not right for me to continue with the post without first defining for you what CobinHood is!
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.
That definition above is taken from the CobinHood website.
You can read my previous post to understand more about CobinHood
If you have really been in the crypto space for more than a year then you must have come across many exchanges that only do the exchange of crypto!
It is not bad to just be able to only exchange crypto, but you have to also adjust to the market conditions!
It reaches a time when a crypto newbie wants to try out something new like trading or investing in ICOs.
It is therefore a great idea if an exchange company can incorporate these new services into their business.
It so happens that CobinHood read the market conditions and started offering several products that can help the crypto community.
I hope you remember me making a bold statement about how CobinHood can help you solve almost all your crypto problems.
I will not waste time anymore and here below are the incredible products offered by CobinHood.
4 Incredible Products Offered By CobinHood
1.ICO Services
I will have to give a simple explanation of what an ICO is. I will liken an ICO to an IPO!
I know I might now be confusing you by bringing in a new word to define another!
An IPO is a way traditional companies raise funds from investors by selling their shares to the public(investors).
If you are above 18 years of age, you must have heard of IPOs or shares!
In the crypto world, that process of raising funds is called an Initial Coin Offering!
CobinHood helps companies in the ICO process. I have read stories of how companies suffer in a bid to raise funds for their projects.
The advantage with CobinHood is that it has an investment pool of over 300k traders investors, how wonderful.
They will also help you in the whole ICO process of preparation, promotion, token sale and listing.
It also obvious that CobinHood will list your token if you contact them to help in your ICO process.
It has to be noted that CobinHood is currently running two ICOs which you might consider participating in!
You can check out these two ICOs on the website now
If you know anyone who wants help in their ICO process please check out this CobinHood ICO services page now.
2. Instant Listing
You might be wondering what this is, I will quote from the 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.
How To List Your Token Within 1 Day
The simple procedure is summarized by this image below!
You have to follow a few rules before your token is approved for listing!
You can read more about the listing rules here
You can apply for listing by following the rules above and following this application link
There is currently a special offer for listing that is being offered by CobinHood that ends in 13 days as shown in this image below.
The accepted token is ETH and the Hardcap is 200 as shown above.
3.Margin Trading/Funding
This is another great product/service offered by CobinHood as I will explain below.
Margin trading according to Investopedia refers to the practice of using borrowed funds from a broker to trade a financial asset, which forms the collateral for the loan from the broker
I now know you get the picture of what CobinHood is doing with Margin trading and that is enabling a trader to use more than their own personal funds.
There are currently 3 pairs where you can margin trade freely on and that is
- BTC/USDT
- ETH/USDT
- COB/ETH
Margin Funding is when margin funders can lend crypto funds to margin traders. The Margin funders earn interest from their loaned out crypto funds, this is a win-win for both parties!
Margin traders also enjoy zero trading fees, auto-matching, and a user-friendly interface.
There is a great tutorial here by CobinHood on how to start Margin trading which I would encourage you to check out.
This product(margin funding) will really help folks who fear putting money in crypto trading as they will just lend their funds to experienced margin traders and wait for interest on the profits!
4. Developer Platform
I know this part is a bit tricky to explain since it is technical! I will do my best to give you a hint of how important CobinHood API being public is.
You can freely access the CobinHood Public API on their website. Let me give a definition of what an API is, It is Application Programming Interface.
I know the word API sounds like some weird beer! It did sound funny to me to the first time I heard about it.
I always like giving definitions from other sources then my summarized explanation at the end.
The definition of API from Wikipedia is
In computer programming, an application programming interface (API) is a set of subroutine definitions, communication protocols, and tools for building software. In general terms, it is a set of clearly defined methods of communication among various components. A good API makes it easier to develop a computer program by providing all the building blocks, which are then put together by the programmer.
I know I just messed up everything for you especially if this is the first time you have heard of this word!.
In summary, API is a set of tools that can be used to come up with programs that can relate with the App!
Let me give an example below.
If you have a website and you want to embed Facebook or Twitter in it so that people can easily share your website, you look for the Facebook API and embed it on your website!
If you have not understood anything from what I described above about APIs, then check these posts here and this that clearly explain What and How APIs work.
You can find the CobinHood API here
I believe CobinHood has abig potential in the crypto exchange industry as it solves most of the challenges traders face.
I love the concept of zero trading fees and also margin trading and funding!
This comes to the end of CobinHood awesome products at the moment!
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:
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.”
Love
Jarau Moses