COBINHOOD - Profit making revenue and traders' subscriptions

Cryptocurrency was born in this era because technology has been evolving and it keeps going on and on. Cryptocurrency is the most recent currency which uses encryption to authenticate the production and movement of money. Cobinhood is a cryptocurrency oriented project just like other blockchain projects. Some exchanges charge so much on trades, which is why traders are complaining about fees on Binance and other exchange platform, these fees can be frustrating. Sometimes a small percentage of profit is being canceled-out by excessive fees. Well, I may have the best solution which has so much benefit attached to it for you. It's Cobinhood Exchange and their COB token.

One of the fundamental feature of the Cobinhood platform is its ability to operate the first zero commission exchange platform ever on the blockchain. Yes, I did put that down. There aren't fees attached to trading on the platform for margin trading (with about 10x leverage) or spot trading.

This means that I can set limit but on their platform and the actual amount of BTC to be spent is exactly the volume I'm putting into my purchase. Using the other exchange platform, if I want to spend $200 for example I have to include the fee on transactions while entering the value of funds. So what I actually get is $200 less the charges of let’s say $5.50 or $2.50. After every trade I will be left with $195.5 or $197.5 worth of BTC and the other $5.50 or $2.50 will be added to the wallet of the platform.

Cobinhood is a broad multi-service digital currency platform with extreme values and standards. The Cobinhood team under the leadership of CEO Chen Tai Yuen, aims to turn this platform into the world's biggest exchange. With this in mind, the team has carefully identified some areas where there is less productivity in various exchange markets, and expect to gain a competitive advantage over their competitors by fixing those areas of inefficiency in their exchange market. By harmonizing zero trading fees with a high-class service, the COB team desire to distinguish the platform from other platforms by having their users in mind and putting them and their comfort first. With respect to that, Cobinhood has a couple of packages for their registered users in an attempt to deliver a superior trading experience;

The following are the various plans that traders’ can subscribe to based on their preference and pocket sizes;

Like I said earlier the Cobinhood team has the interest of their users at heart. Which is why on the Cobinhood platform, the option of becoming a margin trading loan provider is available. Not just that you will be a margin trading loan provider, you will also earn a percentage of interest on the deposit made to the different accounts. The interest rate is determined by the level of demand and supply of the loans. Note that Cobinhood will take a portion of the earning made through the interest payments made to the margin loan provider.

This service is projected at institutional investors; institutional investors are organizations or individuals that mainly trade securities in huge quantities and that attracts special or preferential treatment that will lead to a lower commission than retail investors. Cobinhood offers a similar service to these institutional investors, this service will offer an unlimited API (Application Programming Interface) rate with the choice of high density algorithmic trading protocol for an annual fee with a low latency ticker.

This service is aimed at individual traders that will benefit from a high leverage on Trading margin, higher API and a lower latency ticker will be provided to individual traders when utilizing the exchange. Traders that endeavor to pay up their annual fees will have the opportunity to experience an upgraded customer service which includes a special customer success personnel and also a phone support.

All of these services enables Cobinhood's platform to generate its own revenue for maintenance and still remain very profitable even as it continues to operate with a zero trading fee policy in their trading platform. The broad business model considers institutional investors and large financial institutions, while ICO's ensure a healthy contribution that will translate into savings for more than half of the traders on Cobinhood's platform.

The benefit of Cobinhood is broad and it covers all traders whether institutional or retail traders everyone benefits or gains from trading with Cobinhood exchange. Thank you for reading. This is @meemee I will be more than eager to entertain your questions about this project and also your own opinion about what Cobinhood is doing.