Hello Steemians,
According to Coinmarketcap.com, there are over 1600 cryptocurrencies which are currently tradable. With the swift rise of cryptos, the need for rapid exchange of assets have become glaring. A minute in cryptocurrency trading is like a week while a day is almost a month. A combination of class, accountability and security are needed for day to day coin exchanging.
Most times getting functioning coin swap services usually come at a huge price- transaction fees. Why? Its mostly because the majority of the top exchanges was started by those who wanted to rip off crypto-investors by charging high fees for exchange.
These sort of exchanges are known as Centralized Exchanges. They are usually controlled by a central authority who take all the profits from your investments. This negates the ideals of blockchain technology which heralds freedom from fees and central authority.
Now decentralized exchanges are gradually taking over. Major exchanges like Binance with BNB token, Bitshares with BTS token and now Cobinhood with COB token. These exchanges provide quick liquidity of assets by using their own token as a middleman so to speak.
Holders of these tokens can then easily swap their other tokens to and fro without much hassle. The function of the network tokens can be likened to the function of steem on the STEEM BLOCKCHAIN. It provides bandwidth for network usage.
Talking of security of assets, this is even much more safer because you have access to your Private Keys which means that no central authority can steal your coins. Case in point is Mt Gox crash of 2013.
Intuitive charts.
COBINHOOD STANDS OUT!
*What if there was a way to swap your tokens without wasting so much time and also pay zero fees for it? Well, as we all know, the blockchain has come to stay. The attitude is always that of progress and growth.
COB will easily serve the purpose of cryptocurrency exchanging due to the zero transaction fees. No one likes to be charged unduely for doing normal tasks.
Cryptoexchanges should set up another model, albeit user-friendly, for generating profit for their business rather than taxing users.
NOTABLE FEATURES
- Zero transaction fees.
- Airdrops.
- Referral bonus.
- Easy signup.
- Intuitive charts.
- Multiple asset classes to trade.
- Multiple trading pairs with BTC, ETH, USDT, and COB.
- Control of your digital assets in a swift and scalable platform.
Signup Is Quick!
Hurry now to create an account for yourself. Its not yet clogged like some other competitors. Plus you get free COB token Airdrops. TRY IT!
THANK YOU FOR READING!
Visit the COB website: https://cobinhood.com/home
Go here to participate in Info bounty by @Starkerz
See yah!
GREAT write up!! the only thing i would add to this is that the images should be named as something more relevant to the subject of the blog before they are pasted into steem, the SEO on steem blogs is amazing and results in images getting to the top of google very quickly ;)) Nice blog! looking forward to reading more about your research into COB as we go forward!
Hey Matt,
Thanks for the headsup.
I used Alt Text
Hope to write more soon.
Cheers! instead. @Anarcotech have mentioned that it works great too.
Hi @starkerz I have written a review about #cobinhood, sorry if there is a mistake in my review
this is a great new @nairadaddy but hope their server is strong against hacking? or maybe i should test their firepower.
BR
JAVAPOINT
Try it out and get back to me on it!
Enjoy COB!
First I want to wish you congratulations for your blog is an excellent job I hope you follow me @luisa-pinto and can count on your support in my blog
Thank you!
Cryotocurrency + cobinhood , well let's give it a shot!!
Go! Take the shot...
what is the difference between this and robinhood?
Lolx. Cobin is a term that relates well with Stacking. In the crypto arena you are said to Cob/Stack crypto when you have a lot of it and you keep buying more to sell only when appreciable profits have been made.
Love concept but the implementation will be tough and gaining trust will be the true challenge.