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Topic: Is cobinhood a real no fee excahnge? (Read 154 times)

copper member
Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
April 23, 2019, 07:08:45 AM
#2
How exchange like cobinhood earns if there is no fee there?
1. Listing fees
2. Withdrawal fees
3. Team holds a certain number of COB tokens which they will be selling periodically( please note that they don't burn tokens like binance, they own them then they gradually release them into the circulating supply through selling them.
4. It's both ICO funded and Venture capital funded on the equity side.

Check out more details in this thread: https://www.reddit.com/r/cobinhood/comments/7nlmnz/how_will_the_cobinhood_exchange_make_money/?depth=2



Not sure if this belongs to reputation board or Trading discussion/ Exchanges
member
Activity: 183
Merit: 30
April 23, 2019, 12:58:00 AM
#1
I saw this today :


How exchange like cobinhood earns if there is no fee there?
Dont you think it can lead to own pumpnby coin creators as there is fees involved in trading.
I think because of the 2nd reason the Coinmarketcap has not included this exchange volume and price in the final tickler.
What you think guys this beheviour is appreciated??
I know free trade is good in terms of diversity but it can easily be abused.
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