Cobinhood is a great deal right now | Bitcointalksearch.org

Savik

full member

Activity: 364

Merit: 101

Quote from: chiggx on January 27, 2018, 01:11:39 AM

if the exchange is zero-fee then what is driving demand for the token? why would anyone using the exchange have a need for the token? if there is no need for the token then surely it is not going to increase much in price in future?

Use it to get lower prices on the ICOs they underwrite, I also believe you can pay margin trading fees with COB.

JetSet11

member

Activity: 112

Merit: 23

"Get Paid to Play your Media on Current"

To be honest, I don't know terribly much about its details. I just think that it's a great project with a great concept and team. I think that it will go far. At the very least, it is likely to go 4x and hit its previous all time high.

followmenot

sr. member

Activity: 533

Merit: 251

Streamity Decentralized cryptocurrency exchange

Thank you for suggestion. I am just wondering what is the positive behind holding their cobinhood token. Is it giving any dividends or bonuses or fee cuts? I never used their exchange so I needed to ask. I may consider to buy it. Binance alternatives are always welcome.

bigcash2011

sr. member

Activity: 1442

Merit: 265

I am also a fan of cobinhood exchange as it is the only zero fee exchange, recently they have also increased the daily limits which will help in the influx of bog investors and traders, im optimistic about this project and after six months i see cobinx at the top.

chiggx

member

Activity: 117

Merit: 10

if the exchange is zero-fee then what is driving demand for the token? why would anyone using the exchange have a need for the token? if there is no need for the token then surely it is not going to increase much in price in future?

tdeannova

full member

Activity: 504

Merit: 102

Now its market cap has reached $181 million and probably will reach $200 million within the few month.
https://coinmarketcap.com/currencies/cobinhood/#markets

For 24 hours of volume ranking (exchange).
Cobinhood is now on the list of 71 with 5 million dollars trading volume in 24 hours.
https://coinmarketcap.com/exchanges/volume/24-hour/

I think it's useless if the price of the token is expensive and the market cap is getting bigger, but the product they have is not well developed. They should hard work to listed COB in other exchangers and they should add more new alt so many traders are interested to trade there.

Endikadija

hero member

Activity: 1458

Merit: 509

Quote from: JetSet11 on January 26, 2018, 07:55:54 PM

Seriously, it's at $166 mil market cap right now, almost 1/4 of its all time high. The product is great, and so is the team. I'm looking to take a position soon.

I just feel curious about where cobinhood platform tries to cover the daily operation on its exchange site. If this is working on zero trading fees and it should be a good thing, but for another reason, some things don't make sense.
Bittrex and even cryptopia need a lot of funds to cover the daily operation to run exchange site.

Not sure about cobin will become forever zero fees trading platform.

JetSet11

member

Activity: 112

Merit: 23

"Get Paid to Play your Media on Current"

Seriously, it's at $166 mil market cap right now, almost 1/4 of its all time high. The product is great, and so is the team. I'm looking to take a position soon.

Topic: Cobinhood is a great deal right now (Read 181 times)