Binance and Kucoin exchanges have not even been opened for a full year, yet for 1 Binance coin the current price is approximately $13. Kucoin has been around only a few months that and their Kucoin shares token is approx $8. Both these coins all time high was around $20 in their short existence.
Now there is a new exchange called Cobinhood (this is not to be mistaken with the stock trading app called Robinhood, who announced they will be offering cryptocurrency to be traded on their exchange in February) claiming they have ZERO trading fees and is the only exchange offering this at this time Like the 2 exchanges I mentioned at the beginning this exchange, Cobinhood also has it's own crypto Cobinhood coin. It is approx 50 cents right now , and with the recent growth of interest in crypto by the masses, Cobinhood should have enough trading volume and variety of alts to trade on there to make them a relevant exchange. In my opinion this the coin has the potential to be around 10 dollars if not more in a couple of months.
According to Cobinhood's Reddit page under the FAQ post, they mention the following benefits the Cobinhood coin will have on the Cobinhood exchange:
What are the benefits of holding your COBs in COBINHOOD Exchange?
50% off margin trading loan interest can be availed when paid with COB tokens.
COB token holders will be able to get future ICO tokens COBINHOOD underwrites at significantly lower rates.
Here is the link to the rest of the FAQs post if anyone wants to learn more about this coin.
What are you thoughts on the Cobinhood exchange and it's COB token. Do you see it taking off like the other 2 cryptos I mentioned
Binance Exchnage is listing many new altcoins.
Binance has the highest marketshare today. Read Binance Exchange Review to know more.
Cobinhood definitely has potential. Especially with the no trading fee incorporation. Give them time to get more coins listed and they have a promising future. Only worry for them would possibly robinhood stepping onto scene
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