Hi everybody,
Cobinhood. Cobinhood is an underdevelopment crypto exchange that will allow zero fee trading, based on the Ethereum platform.
Now they dristibuiting their Tokens (COBs) to raise funds, in order to get the project started.
The ICO has already started and it will end the 22nd of October 2017.
Their project seems really ambitious and outstanding. It could (in my opinion) change the way crypto are bought and sold. They aim not only to be "the first zero fee cryptocurrency exchange" but also the first to offer actual real-time trading. This could also be useful to introduce new people in the Cryptoworld. Maybe somone wants to join, but then he/she sees the fees and all the complicated procedures and gives up before starting.
In order to get started you only need to own 0.1 ETH and send to their contract adress and then you'll receive COBs. COBs can be sold on their exchange from the first day it will be on-line. With COBs you can have discounts within the exchange. For instance: margin trading loan interest.
There many cool features in this exchange that are worth to be looked at. Please read their Whitepaper (https://cobinhood.com/assets/whitepaper/whitepaper_en.pdf) to have a clearer of this project.
To me it also seems to be safe, cause they are going to use a decentralaized system to keep the fund secure. I don't if it is going a good idea to keep your funds on their system, but it seems it is gonna be quite safe (for sure not as safe as a paper wallet).
Just look at their website https://cobinhood.com and make your own opinion about it.
I'm not suggesting to take part in it. I simply find it an incredible idea.
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