Cobinhood - COB Token's Review

in #cobinhood5 years ago (edited)

Cobinhood is a cryptocurrency exchange with the goal to refactor cryptocurrency exchanges economy.

Cobinhood is the world's first zero-fee cryptocurrency exchange platform launched in 2017, it's built on Ethereum network with a native token COB. It additionally offers a margin trading for up to 10x leverage.

Cobinhood's feeless exchange resulting in maximized profits and diverse trading flexibility for traders.

COBINHOOD is the next-generation cryptocurrency service platform, our vision is to shape future economies by creating a crypto financial center for the blockchain era. COBINHOOD is a place for dreamers and doers. cobinhood

Cobinhood Introduction Video

Cobinhood supports a wide range of fiat currencies including USD, EUR, JPY, KRW, CNY, HKD, CAD, GBP, AUD and NTD with different cryptocurrency trading pairs.

Cobinhood website supports more than five major languages including English, Spanish, Chinese, Japanese, Korean, Russian, French, Portuguese and Arabic.

CobinhoodLogo_Fixed.png
Cobinhood

COB Token

The COB token is used to fuel Cobinhood exchange, it's used to pay for fees at a very low rate. It is ranked 387 by Market Capitalization on Coinmarketcap.

COB token is currently trading at a price of 0.023404 USD per token with a total market cap of 9,000,066 USD that is 1,423 BTC and 44,615 ETH in their present markets rate [2 Nov 2018 16:46].

Holders of the COB token are entitled to substantial benefits which include;

  • Purchase of future listed ICOs on the Cobinhood platform at a very low rate. Link
  • 50% off margin trading loans when paid back.
  • 50% off of withdrawal fees.

COB Token ICO

COB token was raised through an ICO in 2017.

The sales started in September 13th, 2017 and ended October 22nd, 2017. The sale price was 0.0735 USD per token.

Cobinhood raised ~$13,200,000 (45,254.90 ETH at the time) purchased using ETH out of 25,000,000 USD funding goal with an intention to sell 500,000,000 COB tokens. The min purchase was 0.1 ETH but the maximum purchase was unspecified.

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The average ratings for Cobinhood ICO are 3.6 on different ICO review websites.

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COB bonus during ICO

DatesPrices
9/13 - 9/195600 COB = 1 ETH
9/20 - 9/265200 COB = 1 ETH
9/27 - 10/34800 COB = 1 ETH
10/4- 10/104400 COB = 1 ETH
10/11- 10/224000 COB = 1 ETH

Cobinhood which is based in Taiwan has a total supply of 1 Billion COB tokens and the present Circulating Supply is 384,546,140 COB [Nov 2].

Milestones

DatesAchievements
Aug 2017COBINHOOD Development Starts
Sept 2017COBINHOOD Launches ICO
Nov 2017Cryptocurrency Exchange Platform Online
Dec 2017Margin Trading / Funding and FIAT Trading Online
2018.Q1ICO Underwriting Service Online
2018.Q2Decentralized Exchange Online
2018.Q3Crypto Assets Trading with Stocks / Foreign Exchange / Precious Metals / Commodity / Market Index / Futures
ResultAll achieved

Team

Cobinhood was developed by great individuals, all of the team members graduated from reputable Universities and had varied experiences before coming together collectively to build Cobinhood exchange.
Click on each member's name linked to their Linkedin accounts to know more about their personalities.

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Popo Chen
COBINHOOD CEO and Founder

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Pu-Chen Mao
CTO

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Wei-Ning Huang
Advisor

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Brendon Hogger
Advisor

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Tz-Iu, Jeng
Advisor

source 1-2-3

COB token can be bought or traded on exchanges listed below.

COB highest price is $ 1.42 [11-Jan-2018], the lowest price is $ 0.019 [13-Sept-2018], the current price is $ 0.023 per token with the Market Cap of $ 9,163,035.00 [3-Nov-2018].

COB Token's Inference

COB token is still an undervalued token due to its low Market Cap with the available supply of 384,546,140.00 tokens.

COB token current price is $ 0.023 which is just a bit higher than its lowest price till date.

With what Cobinhood exchange has achieved after their ICO and still working very hard with the intention of shaping future economies by creating a financial center for the blockchain era, Cobinhood will secure more investors and Cryptocurrency traders. And that will lead to a price increase of its native COB token.

COB token is presently not up to one cent ¢, but has the higher tendency to rise in price even higher than $1. If you could get your hands on 1,000 COB tokens, at the current price it will cost $23. If the price rises to $1, the token will be worth $ 1,000, that's about $950+ profits. I will also invest in COB token after this article and make a post about it.


Disclaimer

This article is not from a government source and it's not in anyway giving you investment advice. Every single piece in this article is based on the Author's observation. This should not be considered a future prediction as it has no guarantee of coming true. It is possible that information in this article may be wrong or incomplete. So, you are advised to make your own proper research before concluding on the investment to make.


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Cobinhood Official Web Links


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I just hope that it will be useful and successful for its mission @horpey

Cobinhood has the potential to be successful with its initiatives to crypto economy.

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