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Topic: [ANN] COBINHOOD - ZERO Trading Fee Cryptocurrency Exchange - page 30. (Read 69823 times)

full member
Activity: 245
Merit: 101
Wow just has the pleasure of experiencing trading on Cobinhood and all I gotta say is this shit is buttery smooth. Love the UX and UI. Super clean. I bought a bag of COB cause I think this exchange has A LOT going for it. I would like to know though whats the advantage of holding COB token? Is there going to be airdrops for COB holders?
full member
Activity: 350
Merit: 100
I really regret not investing into this project. I saw this project last October but choose to invest in a different project. Cobinhood is really doing pretty good.

If you still interested with Cobinhood you still have big opportunity because this coin price now down deep from the highest price was $1.4. I am sure in this year if margin trading will open, a lot of peoples will interested to using cobinhood exchange, so it can make COB price increase
full member
Activity: 252
Merit: 100
I really regret not investing into this project. I saw this project last October but choose to invest in a different project. Cobinhood is really doing pretty good.
member
Activity: 146
Merit: 10
⚠️ REMINDER: ⚠️

When using COBX, Please do not deposit from multi-signature wallets.
🚫 ESPECIALLY BITSTAMP! 🚫
This might cause issues with your transactions and further delays.
member
Activity: 146
Merit: 10
Update! VOISE will also be listed in COBINHOOD Exchange on February 1st!


https://medium.com/cobinhood/february-2018-cobihood-token-listings-e2628188deae
legendary
Activity: 2576
Merit: 2880
Catalog Websites
I just found out that I have to submit again the documents for Level 2, which I already did weeks ago, because now they changed something. Also Level 3 disappeared and there is a VIP.
newbie
Activity: 168
Merit: 0
I've registered already Smiley. ready to trade on it now  Roll Eyes Roll Eyes
jr. member
Activity: 429
Merit: 7
Quote
Hope the "scam"-screamers go all to jail, one day. Because such lies can really hurt a company.

Quote
it is great idea

Absolutely.
full member
Activity: 602
Merit: 107
jr. member
Activity: 429
Merit: 7
Quote
Cobinhood scammed me 0.4 ETH deposit from BitStamp.
And I'm not the only one. I'm gonna scream it all over the net, cause I got plenty of proofs.

Hope the "scam"-screamers go all to jail, one day. Because such lies can really hurt a company.

full member
Activity: 134
Merit: 100
Cobinhood scammed me 0.4 ETH deposit from BitStamp.
And I'm not the only one. I'm gonna scream it all over the net, cause I got plenty of proofs.

Simply UNACCEPTABLE.

If you can post proof here, it would be more credible. Hate how easily the word scam goes around.  I don t know if many of you even know what 'slandering' is. Contact them and then if you feel that you re being scammed, share it with the rest of the community - with proof.

legendary
Activity: 2576
Merit: 2880
Catalog Websites
Does anyone know how long it takes to get verified for level 2? I think I've been waiting for more than 2 weeks at this point, I also opened a ticket last week and still no answer...
It takes almost 2-3 weeks for me.
Thanks! Did you also verify for level 3? Because I tried to submit the documents but it keeps saying there is a problem with the KYC file and I can't upload it, so there is some kind of bug on the website...
sr. member
Activity: 462
Merit: 253
Cobinhood scammed me 0.4 ETH deposit from BitStamp.
And I'm not the only one. I'm gonna scream it all over the net, cause I got plenty of proofs.

Simply UNACCEPTABLE.

I think you should contact the support first about this instead of screaming all over the net. I'd be happy to see your proof, because I am near certain there isn't any lol

Do you think they would scam YOU for 0.4 ETH (pocket money) when they have some individuals that deposit more than 1000 ETH?

Surely it would make more sense to scam somebody like that.
jr. member
Activity: 38
Merit: 1
Cobinhood scammed me 0.4 ETH deposit from BitStamp.
And I'm not the only one. I'm gonna scream it all over the net, cause I got plenty of proofs.

Simply UNACCEPTABLE.
full member
Activity: 266
Merit: 101
Cobinhood realtime data on web; working with Chrome, Firefox, and Safari
https://bitscreener.com/coins/cobinhood/real_time
full member
Activity: 448
Merit: 137
Cobinhood exchange is improving its working day by day and it's working good now.

Looking forward to see more improvement in future.

All the best.

Popo is best.
full member
Activity: 448
Merit: 137
Does anyone know how long it takes to get verified for level 2? I think I've been waiting for more than 2 weeks at this point, I also opened a ticket last week and still no answer...
It takes almost 2-3 weeks for me.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
Does anyone know how long it takes to get verified for level 2? I think I've been waiting for more than 2 weeks at this point, I also opened a ticket last week and still no answer...
sr. member
Activity: 504
Merit: 250
...
Rather than collecting piles of money from commissions, Cobinhood underwrites new ICOs that can be featured on their exchange. Cobinhood takes a small percentage of these new ICO coins to finance their operation. That’s how they locked in Cybermiles and helped them raise $45 million.

https://www.huffingtonpost.com/entry/no-really-a-free-cryptocurrency-exchange-in-2018_us_5a4e3b71e4b06cd2bd03e50a

mate, that doesn't seem to be enough for daily operations
member
Activity: 365
Merit: 11
Day Traders Rejoice—There’s A Free Cryptocurrency Exchange In 2018



2017 was the year of cryptocurrencies. And if you invested in them, it was probably a good year for you, as well.

While the unfathomable success of Bitcoin took the spotlight (rising from USD 1,000 to USD 20,000 over the course of the year), it wasn’t alone in its ascent. Ripple grew even more than Bitcoin did this year. Ethereum and Litecoin made monumental jumps. Even some of the altcoins made unprecedented leaps of over 15,000% in this year alone.

If you’re a swing trader, day trader, or just a general investor in any of these cryptocurrencies, your payout was probably substantial. But, you likely paid out a good amount of those profits in trade fees, as well.

Think of all that money lost to the exchange...

The problem with exchanges: high trading fees

Businesses in the financial sector tend to make a lot of money. Cryptocurrency exchanges are no different.

Coinbase, for example, charges a 1.5% fee to buy Bitcoin from their site. And its sister site, GDAX, features “taker” fees of 0.25%. So if you have $10,000 and make a single round-trip trade with all that capital (buy and sell), you’re instantly down $50. If you made 30 round-trip trades per month with all your capital? You’ve now lost $1,500, or 15% of everything you invested.

These fees, while they don’t seem high at a glance, eat away at profits. And they’re the norm everywhere. They’re why the vast majority of day traders are not profitable, even if they make decent trades. Your trades can’t just be decent if you’re making round-trip trades every day. Those fees add up quickly.

This is why Binance has become the largest exchange by daily volume in under half a year. The Shanghai-based exchange has the distinct advantage of only charging 0.10% of each trade. That’s significantly less than every other major player. Using the same $10,000 account as an example, you’d only pay out $20 per round-trip trade. These low fees, combined with Binance’s numerous trading pair offerings, has allowed it to thrive in an expensive cryptocurrency exchange ecosystem.

But 0.10% still adds up over time. And when you factor in the taxes you have to pay on your winnings, your profits dwindle all too quickly.

The truth is that trading fees are put in place to turn a profit—not to benefit customers. Most exchanges not only could care less about your bottom line, they actually factor in your “lifetime value” as a customer because they know how long someone will stay with them before they go bust.

These are all reasons why Cobinhood (COB) seems so exciting and groundbreaking. It’s the first 100% free cryptocurrency exchange. There are no fees and no commissions at all. Sound too good to be true? I did a deep dive into it to see if it lived up to the hype. Here’s what I found.

What Is Cobinhood (and why should I care)?

Cobinhood launched its exchange in December of 2017 with one goal: create a user-friendly, dependable cryptocurrency exchange with zero fees.

Taking a page out of the book of the zero-fee stock trading site Robinhood, Cobinhood’s value prop couldn’t be easier to understand. There’s no fine print or “fees that aren’t actually fees.” They are the genuine article and offer exactly what they advertise.

The wise skeptic might ask, “But how do they make money?” Good question. Rather than collecting piles of money from commissions, Cobinhood underwrites new ICOs that can be featured on their exchange. Cobinhood takes a small percentage of these new ICO coins to finance their operation. That’s how they locked in Cybermiles and helped them raise $45 million.

https://www.huffingtonpost.com/entry/no-really-a-free-cryptocurrency-exchange-in-2018_us_5a4e3b71e4b06cd2bd03e50a
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