If you are a cryptocurrency trader, an early investor or someone interested in the future of cryptocurrencies looking for some opportunities from this, that´s the reason why you should continue reading this article.
Background
If you are an active cryptocurrency trader, have you ever noticed how the trading fees charged by the exchanges can impact your results? And what about platforms delay, non-real-time transaction confirmation and rate-limited trading APIs?
These are just the most recurring problems encountered by users. In the recent past we have seen cryptocurrency exchanges being hacked, closing operations without warning and causing huge losses to their customers. Most exchanges are not able to guarantee considerable reserve banking system, making cryptocurrency deposits unsecured.
Furthermore we could also mention others issues like slow customer service, slow KYC process, limited fiat currencies supported, lack of multilingual support and low liquidity of ICO tokens.
If you realized this is a growing market since the cryptocurrency market cap has increased from about 10 billion USD to more than 100 billion USD in the past 6 months and since the cryptocurrency trading volume exceeded stock trading volume by August 2017, you can see real opportunities where improvements would be appreciated.
Introducing COBINHOOD
Therefore I´d like to introduce COBINHOOD.
COBINHOOD is a cryptocurrency service platform that provides cryptocurrency trading and ICO underwriting. Is the world’s first zero fee high-frequency cryptocurrency trading exchange that solves existing problems with most exchanges.
COBINHOOD will provide zero trading fee for all customers with wide options of fiat currencies supported like USD/EUR/JPY/KRW/CNY/HKD/CAD/GBP/AUD/NTD.
The image below shows a sample of the exchange environment.
COBINHOOD guarantees 100% reserve. It will also disclose all online and offline wallet addresses for public audit, ensuring no embezzlement of traders’ funds.
The crypto assets deposited at COBINHOOD will be stored in an off-line multisig wallet consisted of 8 HSMs (Hardware Security Modules). This means that transactions which use the multisig wallet will require 5 out of the 8 HSMs to proceed.
Initially COBINHOOD will support the following cryptocurrencies:
COBINHOOD also have a ICO Underwriting Service that allow their token be traded on COBINHOOD exchange immediately after ICO, solving the ICO tokens’ low liquidity issue. With their great dedicated team, only high-quality promising ICOs will be underwritten. It's considered stringent due diligence, legal compliance and smart contract code review.
In addition, COBINHOOD’s ICO Spark Program will help well-known enterprises, successful startup companies, and celebrities launch their ICOs.
Providing these remarkable services, as Underwriting and Spark Program, and new services like COBINHOOD Prime, they can remain self-sustained without charge trading fees from their customers.
Another impressive concept is that COBINHOOD plans to build a decentralized cryptocurrency exchange in 2018, as shown in its roadmap. This important revolution also can present us a possible security on the future, by making COBINHOOD operations independent of government forces.
COBINHOOD team is located on Taiwan and US and their experience count on remarkable companies background.
The CEO, Chen Tai Yuan, is a serial entrepreneur who at the age of 24, founded 17 live streaming, a leading live streaming platform across Asia with more than 5 million daily active users.
How can you take advantage of this?
Besides being able to enjoy all the advantages mentioned using COBINHOOD´s services, they are now running an ICO that will allow you to contribute by investing in this project and get advantages.
You can purchase COB tokens with discount until 10 October. Other benefits are, for example, 50% off margin trading loan interest can be availed when paid with COB tokens. Another privilege is, when COBINHOOD underwrites an ICO, COB token holders will be able to get future ICO tokens at significantly lower rates.
The image below shows the current sales status.
The COBINHOOD ICO started on September 13th, 2017 and continues until October 22th, 2017. Only Ethereum is accepted.
The COBINHOOD exchange is scheduled to go online on November 1st, 2017. COB´s token can be traded on the COBINHOOD exchange once it is online.
Conclusion
Main COBINHOOD services and benefits can be listed as follow.
• Zero Trading Fees;
• High-frequency trading;
• Responsive 24/7 Online Customer Services;
• User-friendly KYC Process;
• Wide Range of FIAT Currencies Supported;
• 100% Reserve Guarantee;
• Offline Multisig Wallet Security System;
• Crypto Assets Backed by Insurance;
• Two-Factor Authentication Enforcement;
• Underwriting Service for ICOs;
• Spark Program for companies integrate blockchain technology;
• COBINHOOD Prime services;
• Decentralized Exchange;
• COBINHOOD Financial Center for trading with stocks, forex, commodity, market indexes, and futures.
We are looking at a great exchange that will provide attractive services to all cryptocurrencies ecosystem.
Improving trading environment conditions, promoting better services with more security, efficiency and low cost, as well as providing more opportunities for new ICOs market and positively impact the entire cryptocurrency market, that´s why I believe this is really a good opportunity to go deep.
Further Information
Website : https://cobinhood.com/
Whitepaper : https://cobinhood.com/assets/whitepaper/whitepaper_en.pdf
Slack : http://slack.cobinhood.com/
Telegram : https://t.me/cobinhood
Twitter : https://twitter.com/Cobinhood
Facebook: https://www.facebook.com/cobinhood.exchange/
P.S.
My twitter page:
https://twitter.com/MunirRockenbach
My new Bitcointalk profile:
https://bitcointalk.org/index.php?action=profile;u=1157314