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Topic: [ANN] COBINHOOD - ZERO Trading Fee Cryptocurrency Exchange (Read 69740 times)

sr. member
Activity: 1358
Merit: 253
ı was very hopefull with that project in 201
7, and did lots of research for that time. its very disappointing to see cobinhood is also a scam,

I have participated in ICO and invest around $ 400, which I know is along with many successful ICOs in 2017 and reached hardcap, unfortunately too long Hold and skipped to sell when the market was high and I lost about $ 100, but happy because I still could sell before becoming a scam.
newbie
Activity: 20
Merit: 0
ı was very hopefull with that project in 201
7, and did lots of research for that time. its very disappointing to see cobinhood is also a scam,
newbie
Activity: 6
Merit: 0

Hi - I am coming here exactly after 1 year. Apparently, I was living under a rock. Is there any chance I can recover my funds (deposited on the exchange)?
hero member
Activity: 1358
Merit: 635




I do not believe this project will fail because someone can buy this exchange and make it into something great.


I sure would like to see the present management correct things and follow through on their original vision.





Im still waiting that to happen but when come have already declared this one as scam and im still confusing why this exchange site still operating at this moment and there was no such thing happen.
Im just waiting for the cobinhood will try to make a big update and zero fees trade will be stopped.

After Cobinhood's team muted the telegram channels, the community made an unofficial channel in where there has been a lot discussion and speculation on what will be next. You can join it here if you aren't a member already: https://t.me/realCobinhood. I guess at the moment we as a community can unfortunately not do much more then wait patiently and hope for a buyer to come in/the current management make a 180 degree turn and breath new life into the exchange. This is of course just hoping here and lets see what will happen over the nex couple of weeks...

In case you haven't heard finally Cobinhood's gone to hell

Cobinhood Shutting Down Months After Bankruptcy Rumors

newbie
Activity: 42
Merit: 0
I am trying to withdraw my cob tokens to mercatox.  It’s been over one day and my tokens have not been sent.  There is no tx hash or record of the transaction.  What is going on, why can’t I withdraw these tokens? I’ve already lost 95% would like to just get back what I can
full member
Activity: 798
Merit: 100




I do not believe this project will fail because someone can buy this exchange and make it into something great.


I sure would like to see the present management correct things and follow through on their original vision.





Im still waiting that to happen but when come have already declared this one as scam and im still confusing why this exchange site still operating at this moment and there was no such thing happen.
Im just waiting for the cobinhood will try to make a big update and zero fees trade will be stopped.

After Cobinhood's team muted the telegram channels, the community made an unofficial channel in where there has been a lot discussion and speculation on what will be next. You can join it here if you aren't a member already: https://t.me/realCobinhood. I guess at the moment we as a community can unfortunately not do much more then wait patiently and hope for a buyer to come in/the current management make a 180 degree turn and breath new life into the exchange. This is of course just hoping here and lets see what will happen over the nex couple of weeks...
hero member
Activity: 2268
Merit: 507




I do not believe this project will fail because someone can buy this exchange and make it into something great.


I sure would like to see the present management correct things and follow through on their original vision.





Im still waiting that to happen but when come have already declared this one as scam and im still confusing why this exchange site still operating at this moment and there was no such thing happen.
Im just waiting for the cobinhood will try to make a big update and zero fees trade will be stopped.
full member
Activity: 1316
Merit: 105
it is strange this project seemed promising...seems like scam now  Undecided
yes, I thought the Cobinhood exchange went bankrupt, the trading volume there was very low, only $ 6,207 USD / 24 hours. how could an exchange have this small trading volume.
full member
Activity: 552
Merit: 110




I do not believe this project will fail because someone can buy this exchange and make it into something great.


I sure would like to see the present management correct things and follow through on their original vision.




legendary
Activity: 2002
Merit: 1113
it is strange this project seemed promising...seems like scam now  Undecided
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Sad to see that Cobinhood hasn't gained success it deserved and is now slowly fading... Such a good project will end like many others.
The Ceo already announced a new weekly update as promised last week. They are discussing the token allocation with shareholders and it can take up to the 2 months. It is a red flag for the current traders who have CMT holding for getting more coins with staking on the Cobinhood. By the way, these guys didn't send my withdrawal yet.
newbie
Activity: 52
Merit: 0
Sad to see that Cobinhood hasn't gained success it deserved and is now slowly fading... Such a good project will end like many others.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Don't deposit any crypto to COBINHOOD.
After depositing BTC I decided to buy a CyberMiles coin while the price is cheap. COBINHOOD is like no exit street I am unable to withdraw my CMT balance for 3 days!!!
Their subreddit is full of complaints about approved (frozen) withdrawals, exchange management should explain the reason about bankruptcy rumours if there is a before-mentioned case.
member
Activity: 192
Merit: 13
COB is dead , and Cobinhood are scamed , no volume trading , no liquidity ! SCAMMM

If they are still open and trading then most probably is not a scam but it is cobinhood's fault to not bring liquidity to the exchange. They must incentivize market makers to come to cobinhood. As we can see they don't have many coins trading there but the exchange has a nice UI. I have noticed that their orders books look buggy or is it just me? Can anyone tell me where can I find the whitepaper so I can see what are their tokenomics?
This exchange site lack of promotion and the UI doesn't seem good for me personally. The main point that prevents this exchange site to growth the developer was strictly apply KYC for the new users and remember those major exchange sites are putting a better requirement to trade and there was a limited amount for those are not verifying their accounts. that should be the main reason why this exchange site still doesn't grow a lot.
Even the dev has already removed it but it doesn't work.

Have they removed the KYC obligation for new users? Are you saying that did not the trick or what? Most exchanges don't ask for KYC to trade and they let users withdraw like 2 btc per day just like Binance.

You can withdraw up to 3 BTC per day as shown below, and more If you decide to verify your identity.



For me, the reason why they don't have many users is because of the supported coins. They should start adding new coins (ones that finish ICOs) instead of listing old ones, that way they know they'll gain a new userbase each time, whom will probably stay If the exchange is half decent.

I was thinking the same thing and agree that they have very few supported coins. They should list the most popular coins and altcoins that have huge demand from the community.

I don't quite agree with this approach. There are already thousands of exchanges and not many real people trading or wanting to buy a coin.
If they start listing new ICO's like exchanges as Latoken do, then it would look like a scam for certain. Still Cobinhood doesn't look secure to me. It is a site that takes it's time to load after loging in and when I see this on an exchange it feels that they didn't do proper work on their site.
jr. member
Activity: 39
Merit: 1
COBINHOOD team just did the most unethical move ever. My condolences for every who invested in this sh*t.

https://twitter.com/SandorReport/status/1130442244509450240

It's unacceptable what they did with Dexon token dumping and now another unethical move to wind up the company and make COB investors a loss with their investment.

I think Cobinhood investors should sue the company for this exit scam strategy because these people adding black marks to cryptocurrency industry for their own gains. However, I don't think that investors can do something in the courts due to lack of legislation for these kind of scams.

If I am not mistaken, this is the 3rd cryptocurrency exchange that will be closed very soon this year after Cryptopia and UEX.

They didn't dump dxn lol, only 37k tokens were sold.
The dxn unlocking still makes the coins unable to be moved for 24h firstly.

What actually happened was that when the nodes went offline, people panicked and pulled buy orders and then dumped the 37k tokens.

The dxn team took 15 nodes offline - 15m tokens, so nowhere near the amount.  Also they hold like 800m tokens as is and wouldn't need to take nodes off to dump.
hero member
Activity: 756
Merit: 503
COBINHOOD team just did the most unethical move ever. My condolences for every who invested in this sh*t.

https://twitter.com/SandorReport/status/1130442244509450240

It's unacceptable what they did with Dexon token dumping and now another unethical move to wind up the company and make COB investors a loss with their investment.

I think Cobinhood investors should sue the company for this exit scam strategy because these people adding black marks to cryptocurrency industry for their own gains. However, I don't think that investors can do something in the courts due to lack of legislation for these kind of scams.

If I am not mistaken, this is the 3rd cryptocurrency exchange that will be closed very soon this year after Cryptopia and UEX.
copper member
Activity: 168
Merit: 0
The Cobinhood exchange was just rated the second safest exchange in the world … ahead of Bittrex, Binance etc

https://icorating.com/report/exchange-security-report-v-20-update/

 Shocked

This is really interesting. My number one rule for using any exchange is security. I am quite surprised that i did not hear it before i read it here. You give me good reason for better research Smiley
full member
Activity: 361
Merit: 101
is it true? or is someone buying big time? because why would u file bankruptcy when crypto is rising anyways..
Because of Exit scam.
member
Activity: 108
Merit: 10
is it true? or is someone buying big time? because why would u file bankruptcy when crypto is rising anyways..
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