COBINHOOD - Proffering solutions to the problems of cryptocurrency traders

in cobinhood •  6 years ago  (edited)

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Cryptocurrency trading isn't quite a challenge for most traders that understand the dynamics of the market, traders that know their way around the market environment, knowing how to dive in and out of both a favourable and unfavourable market situation. However, one major challenge traders are faced with is the enormous transaction charges.

Cryptocurrency exchange platforms are where traders carry out transaction processes. In exchange for the service you received, a couple of fees are charged to the customer/trader, these charges include deposit fees, trading fees, withdrawal fees and so on. It is unfortunate that many exchange platforms have decided to convert their platform into a profit-conscious business as a result of the over-priced trading charges. This challenge has created a difficult situation because every trader wants to maximize their profit, instead, traders are extorted and cannot achieve their expected profit as a huge chunk will be deducted from their earnings. And this is a lot worse for day traders.

Cryptocurrency has been structured to reduce cost levied on the transaction. But the profit-conscious nature of these exchange platforms is strongly contradicting the purpose of cryptocurrency invention. The continuation of this challenge poses a threat to the future of crypto trading. The famous cliché that all crypto lovers use is, "Cryptocurrency is the future", which is true, but the future of crypto is threatened.
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It is not wrong for crypto exchange platforms to take a certain percentage of fees from trader's transactions, but a minimum fixed trading charge is fair, a charge that will be classified according to promotions and volumes, maker-taker. In this manner, traders will be charged fairly while the exchange platforms will equally be satisfied; making it fair for everyone.
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At this point guys, allow me to introduce an exchange platform that doesn't conform to the pattern of other exchanges. This platform is the first ZERO CHARGE exchange platform that is concerned with helping traders maximize their profits, by operating a fee-less platform, where you pay just a minimum fee ONLY on charge. So if you are that trader that can't bear the weight of losing your money to exchanges, COBINHOOD EXCHANGE has come to the rescue.

COBINHOOD EXCHANGE offers Zero fee on the transaction, Yeah! I said that; traders can fully maximize their profit on COBINHOOD EXCHANGE. The only time you are required to pay a dime is during withdrawals, and the withdrawal fee is at a significantly low rate, regardless of what volume of the transaction was made. However, COBINHOOD platform has its native utility token - (COB). There are lots of benefits attached to the token, and COB token holders are entitled to them all including the newly added benefits for token holders.
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BENEFITS OF THE COB TOKEN HOLDERS

Here are few out-lined benefits for COB token holders:

COB token holders are entitled to 50% off on margin trading loan interest. This is more efficient when the payment is made with COB tokens - Margin is similar to loaning from a brokerage to purchase stock. Traders are offered the trade at half of the price on the interest traders are supposed to pay, provided the payment is done with the COB token.

Future ICO tokens will be distributed to COB token holders. COBINHOOD underwriter at Low rates - Underwriting is the involvement of investment bankers in raising investment fund for corporations that provide equity or Debt securities.

Currently, the platform has made provision for a trader to pay for their withdrawals with the COB token. With the COB token, holders are privilege to enjoy a discount rate of 50% when withdrawing and so much more.
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In conclusion

COBINHOOD has always put traders’ best interest in mind, which is why they've provided a highly-secured environment even as they are enjoying the ZERO FEE on transactions. The COB tokens have indeed made things easier for traders.

The Intellectual individuals that have masterminded the goal of providing a powerful exchange are indeed admirers of crypto and intend to eliminate every threat to the future of cryptocurrency. It is as a result of this goal, that they are willing to retain and improve the spark of crypto trading and making it alive. This purpose has made them focused and highly dedicated to this course to offer an exchange platform that adheres to the choice of traders.

Thanks for reading I will be coming your way shortly with more updates, see these links below for more information. I am @meemee. Bye for now.

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