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Last update 08.02.2022 14:30
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All you need to know about Cobinhood

Cobinhood Exchange Review

Cobinhood ICO was founded by a serial entrepreneur who achieved a lot at his young age. This talented person attracted attention of angel investors and managed to earn 20 times more they invested in 12 months only. His name is Popo Chen and his partner is a developer with experience of work in Google. He knows how to make large-scale apps. The company also has highly experienced advisors.

The company is located in Taiwan. It offers over 60 virtual coins to its users.

It is easy to start an account at Cobinhood exchange. The site requires verification, which can be of two levels. Each level allows a corresponding withdrawal limit. If you passed verification of the first level, then it is allowed to withdraw up to 3 BTC. If you want to withdraw a bigger amount, you need to have verification of the second level. In this case the amount goes up to 100 Bitcoins. The verification process of the first level is performed automatically. The person just needs to provide his email. If you need to be verified for level 2, then you will have to fill out the form, where customer provides his name, address, ID, his/her photo holding ID, the Foreign Account Tax Compliance Act and a phone number.

Cobinhood is available right in the browser. If you use the exchange on the move, there is mobile app to help you with it. There you can trade conveniently without any problems. Customers are able to download Android or iOS-based version of the app. It means that it is available for majority mobile devices including smartphones and tablets.

The founders of the exchange are interested to deal with informed clients. Therefore the tools and graphs displayed on the site help them to make better decisions. They see the history of prices, the order book and current prices of the trading pair.

The functionality also let you see your orders, balance. The interface is easy to use and it is clear how to trade just looking at the buttons.
One chooses market order when fast trade is needed. The person should put its size and determine the price. The market orders are filled immediately and can’t be cancelled.

The user chooses limit order to be able to determine the highest and lowest price of the deal. The person also determines the size of the order and sees the total cost. It often happens so that the part of the deal is completed only. The price in such cases can also be adjusted.

The functionality of Cobinhood let you select the favorite trading pairs. If you want to add a pair to the list, just click on the star beside the pair.

Cobinhood Bitcointalk reviews show that clients highly appreciate its order matching engine developed by the specialists of the company. It features incredible efficacy, processing millions of orders. The system is well adjusted and works smoothly performing its tasks with incredible speed.

The customer service is available 24/7. The members of the team are friendly and highly professional.
Cobinhood is frequently described as ‘first zero fee exchange’. This is really so in spot trading. The fees are not taken if you involve margin trading with the leverage 10x.  What is the point in free services? The matter is that Cobinhood uses different source of profit. The company charges 5% of funds raised intended for ICO. It also offers underwriting services to large-scale ICOs.

The exchange has its own token. Cobinhood coin is called COB token and its holders are privileged members of the platform. How does it work? Here is an example: paying with COBs for margin trading, your expenses on fee are reduced 50%.

Cobinhood exchange has a referral program that enables bonus tickets for commission and possibility to win Bitcoins. There are also rewards for a client and his referred user in case the latter passes advanced level identity verification not later than 1 month after the registration date.

The bonus program is rather developed at Cobinhood. There is much marketing activity with prizes, quests, points awarded for entries and something else. Everything is done to attract the clients to the site. The professionals can take part in coding competitions as it happened when Cobinhood API was developed. The prize winner could get 20,000 COB.

The security measures include notification messages sent each time you enter the site. Cobinhood offers multisig and SSL protection. 2F authentication is optional but is highly recommended by the site owners. The same security measure is offered at nearly each exchange, which cares about its security such as Coincorner, Cryptonit, Bitonic, Bit2C, and  Coinmate just to name a few.   

All you need to know about Cobinhood 👍👍👍 - average rating 5 from 5 (based on 223 user reviews)