Cobinhood:Why I Believe this is the Future of Cryptocurrency Excha
Since Cryptocurrency has emerged, it has given us many opportunities to make money and become financially independent. One of the many opportunities is to use the volatility of cryptocurrency to make money every day of cryptocurrency trading
There are now many crypto exchanges out there, but the problem with the exchange we have today is that they are not structured in a way that will help merchants get the most out of their trade. In fact, just the opposite.
If you are an experienced trader, you should pay attention to the cost of exchange issues brought into the trade. These different cost quantities cut your profits a lot and they are charged on every single trade you make. And things like margin trading that help you get the most out of your trade is almost nonexistent.
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Cobinhood is set to revolutionize the crypto exchange industry with a focus on helping merchants maximize their trading profits while providing an outstanding trading platform at the same time. Cobinhood offers a zero cost trading platform and lets you leverage the trading power of margins to maximize your profits.
Here's why you'll love Cobinhood:
- Zero Trade Fee and Margin
Trade up to 10x Leverage.
As we have pointed out, what makes Cobinhood so special is that they are the world's first cryptocurrency currency that offers zero trading costs on spot trading. Not only that, you can harness the power of margin trading up to 10x leverage to get the most out of your trade.
- Crypto Asset Deposit Guaranteed
Cobinhood stores assets in an offline multisig dome, which consists of 8 HSM (Hardware Security Modules). This means that transactions using a multisig wallet will require 5 of 8 HSM to continue.
Also the crypto assets stored in online wallets are backed by insurance.
- High Performance Matching Engine
Cobinhood has an order matching machine that is one of the best in the world. The Cobinhood matching machine can process millions of orders in milliseconds.
- 24/7 Customer Service.
One of the problems we face with today’s exchanges is poor customer support services. For some exchanges, it can take up to a week for somebody to answer your ticket.
I have tried Cobinhood support service myself and I can tell that the really take customer support service very seriously.
Cobinhood promises to respond to every customer within a day at maximum, and so far, they have been keeping to that.
- Friendly KYC process.
Cobinhood promises to provide user-friendly and timely identity authentication services, otherwise known as KYC (Know Your Customers).
KYC is necessary in order to comply with Anti Money Laundering Laws.
COB Token
Cobinhood has its own cryptocurrency and it is known as COB. The COB token is tradable on the Cobinhood Exchange
Here are some of the benefits of being a COB token holder:
- You can get up to 50% off margin trading loan interest when you pay with COB tokens.
- When Cobinhood underwrites an ICO, COB token holders will be able to get future ICO tokens at significantly lower rates. The amount of ICO tokens that a COB token holder can get depends on the number of COB tokens you have.
Cobinhood also promises to make efforts to maximize a COB token holder’s benefits as there may be more privileges for COB token holders in the future.
Conclusion
Given what Cobinhood has to offer, it is very clear that they are not here to be just another crypto exchange. Cobinhood aims to be the №1 in the industry with focus on helping traders get the most out of their trading. Therefore I think Cobinhood is an exchange platform every serious crypto trader out there should join if you really want to get the most out of your crypto trading adventure.