What Is Cryptocurrency Cob Worth

What is cryptocurrency cob worth

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Cobinhood is a cryptocurrency exchange that promises to offer zero trading fees. Find out everything you need to know about Cobinhood today in our review.


Cobinhood is a digital currency exchange that, as you may have guessed from the name, promises to steal from the rich and give to those in need.

What is cryptocurrency cob worth

To achieve that goal, Cobinhood promises zero trading fees.

Specifically, Cobinhood promises to offer zero trading fees for spot trading and margin trading up to 10x leverage.

At the same time, Cobinhood is developing an ICO underwriting service.

Companies – including new blockchain startups and existing enterprises – can launch an ICO through Cobinhood and enjoy compliance testing, security auditing, and other services.

The company’s token sale for COB tokens is taking place throughout September and October.

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The general ICO begins on September 13 and lasts until October 22. The company will launch its cryptocurrency exchange on November 1, 2017.


Cobinhood has ambitious plans to offer 0% trading fees and other benefits.

Here are some of the key features outlined by the platform:

Zero Trading Fees:

Cobinhood claims to be the world’s first cryptocurrency exchange with zero trading fees. The exchange has no fees on spot trading and margin trading up to 10x leverage.

Secured Crypto Assets Deposit:

Cobinhood stores assets in an offline multisig vault, which requires 5 out of 8 geo-distributed hardware security modules to open.

About Cobinhood

Crypto assets stored in online wallets are also “backed by insurance”, explains the official website. “Geo-distributed hardware security modules” sounds high-tech, but as far as I can tell, it’s just ordinary multi-sig support with verification required from several sources worldwide.

High Performance Order Matching Engine:

Cobinhood has a proprietary order matching engine that can process millions of orders in milliseconds.

ICO Underwriting:

Cobinhood has a goal of being “Crypto Goldman Sachs” by marketing itself as an ICO underwriter.

What is cryptocurrency cob worth

Cobinhood’s ICO services will include due diligence, smart contract code review, and legal compliance reviews for ICOs.

Support For Multiple Fiat Currencies:

Cobinhood will support “all mainstream fiat currencies”, explains the official website.

Some of the specific listed currencies include USD, EUR, JPY, KRW, CNY, HKD, CAD, GBP, AUD, and NTD.

Multi-Language Support:

Cobinhood plans to cover 98% of the world’s population with its multi-language support.

How Does COBINHOOD’s ICO Underwriting Service Work?

ICO underwriting is one of the key services offered by Cobinhood.

What Is COBINHOOD (COB) & Why Is It Up 83% Today?

Here are the important features that will be developed as part of that service:

ICO Due Diligence:

Cobinhood will only underwrite promising ICOs, and the Cobinhood team will review ICOs based on project feasibility, idea novelty, and legal compliance.

ICO Spark Program:

Cobinhood is launching its “ICO Spark” program, which will help existing enterprises integrate their services with blockchain technology.

Through this program, Cobinhood can help some of today’s biggest companies launch ICOs and profit from the world of token sales.

High Liquidity:

All ICO tokens underwritten by Cobinhood will be immediately tradable on the Cobinhood exchange after the ICO.


Cobinhood aims to launch its cryptocurrency exchange platform online by November 2017.

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The margin trading/funding and fiat trading will begin in December 2017, while the ICO underwriting service will launch in Q1 2018.

By the end of Q3 2018, Cobinhood envisions a decentralized exchange where users can trade stocks, foreign currencies, precious metals, commodities, ETFs, futures, and more.

The COBINHOOD Token Sale

50% of Cobinhood tokens will be distributed to the public through the ICO.

40% will be reserved by Cobinhood, Inc, and 10% will be kept in a “private placement” – which appears to be some type of reserve fund.

COB tokens are ERC20 tokens built on the Ethereum blockchain.

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A total of one billion COB tokens will be issued.

The ICO starts on September 13 and continues until October 22.

During the early days of the sale, you can purchase 5600 COBs for 1 ETH.

What is cryptocurrency cob worth

By the end of the sale, the rate will drop to 1 ETH = 4000 COBs.

The tokens do not represent a stake in Cobinhood. Instead, token holders can access future Cobinhood ICOs at a lower rate than ordinary ICO participants.

What is cryptocurrency cob worth

Token holders will have access to a specific number of discounted tokens in that ICO based on the number of Cobinhood tokens they own.

Who’s Behind COBINHOOD?

Cobinhood is led by CEO and Co-Founder Popo Chen, also known as Chen Tai Yuan.

He’s a 26 year old serial entrepreneur from Taiwan.

Other key members of the team include Du Jun (CSO) and Pu-Chen Mao (CTO).

What Problems Does COBINHOOD Seek To Solve?

Cobinhood seeks to solve a number of problems among cryptocurrency exchanges and ICOs, including all of the following:

  • High trading fees (a 0.20% trading fee is average among the top 30 exchanges)
  • Difficulties of real-time trading (due to rate-limited trading APIs and non-real-time transaction confirmation)
  • Asset security issues (Mt.

    Gox, etc.)

  • Exchanges can shut down without warning
  • Exchanges only support a limited number of fiat currencies
  • Limited multilingual support
  • Poor customer service and slow KYC processing
  • Low liquidity of ICO tokens

Cobinhood plans to solve all of these problems by introducing its own cryptocurrency exchange while also offering its ICO underwriting service.

COBINHOOD Conclusion

Cobinhood is a cryptocurrency exchange that aims to offer 0% fees and an ICO underwriting service.

Cryptocurrency Explained

The company will accept multiple fiat currencies, offer full ICO underwriting, and provide other powerful benefits to distinguish itself from other exchanges.

The Cobinhood ICO is taking place throughout September and October.

The exchange is expected to go live on November 1, 2017.

Ultimately, a cryptocurrency exchange with no fees would be ideal. However, it’s unclear how Cobinhood plans to offer that, or how the exchange plans to make money. You can participate in the Cobinhood ICO today by visiting the company online at Cobinhood.com.