Cobinhood (COB) quick summary

in #cryptocurrency7 years ago (edited)

cobinhood.jpgCobinhood (CBO)
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.
Category: Cryptocurrency trading exchange
Date of ICO: 2017.09.13-2017.10.22
All time low: 0.036109 USD
All time high: 2.84 USD
Pros:
-Cobinhood will provide zero trading fee for all customers with wide options of fiat currencies
-Cobinhood guarantees 100% reserve. It will also disclose all online and offline wallet addresses for public audit, ensuring no embezzlement of traders’ funds
-Usage of the token provides: 50% off of the margin trading loan interest also with the token you can have reduced costs of future ICO purchases
-Cobinhood has an app for both Android and iOS
Cons:
-The use of the COB token doesn't have such benefits that would create a large demand for it compared to Binance coin and Kucoin shares on their own platform
-The platform has not been tested yet in real conditions
Similar projects: Binance coin, Kucoin shares
Key figures: Popo Chen, Du Jun