With the advent of blockchain technology, more and more people are migrating from fiat-based fi nancial systems to blockchain-based financial systems. Since January 2017, the cryptographic market share has increased from 7B USD to 110B USD in July 2017. In addition, the volume of cryptocurrency trading surpassed the volume of stock trading in August 2017. However, the current crypto exchange is unable to handle the demand for modern trade.
Issues In Crypto Currency Exchange Currently
- High Trade Fee
- Real-Time Trading Difficulties
- Asset Security Issues
- Close Without Alert
- Lack of Multi Language Support
- Customer Service And The Slower KYC Process
Introducing COBINHOOD
COBINHOOD is a cryptographic service platform that provides ICO cryptocurrency and underwriting trades, aimed at solving existing problems in crypto currency exchanges today.
COBINHOOD has zero trading costs to maximize profits and liquidity of the trader's market. It has the ability to process more than one million orders per second, achieve true "real-time" trading experience, and make it the world's first information-sharing crypto exchange capable of trading at high frequency.
Furthermore, COBINHOOD aims to address ICO token liquidity issues through its ICO underwriting services. COBINHOOD will support the following crypto currency:
What features do COBINHOOD have?
Crypto Currency Exchange with Zero Trade Charges - COBINHOOD is the world's first "ZERO Trading Fees" cryptocurrency exchange with a vision to maximize the traders' profits. Traders can now enjoy ZERO trading fees for spot trading and margin trading up to 10x leverage.
Crypto asset deposit is safe - COBINHOOD keeps most of the crypto asset deposit in an offline multisig vault, requiring 5 out of 8 geo-distributed hardware security modules to open. Furthermore, crypto assets stored in the online wallet will be supported by insurance
High performing ordering engine - COBINHOOD Matching for matching engines to process millions of orders with sub-millisecond latency. The entire system is designed to be fully distributed, available very well, and scalable automatically, reaching major trading experience for traders worldwide.
ICO underwriting services - COBINHOOD positions itself as an authoritative global ICO underwriter, namely Crypto Goldman Sach, provides ICO Due Diligence, intelligent contract code review and ICO compliance review with a vision for building a reliable ICO ecosystem.
Multiple FIAT Currencies Supported - COBINHOOD will support all major fiat currencies. (USD / EUR / JPY / KRW / CNY / HKD / CAD / GBP / AUD / NTD)
Fully Universal - COBINHOOD sites and applications will support 10 major languages, covering 98% of the world's population. (English / Spanish / Chinese / Japanese / Korean / Russian / French / Portuguese / Arabic)
ICO Underwriting Services
ICO Feasibility Test - COBINHOOD only focuses on high-quality and promising underwriting ICO. The ICO review team from COBINHOOD will review project feasibility, new ideas, and legal compliance.
ICO Spark Program - COBINHOOD launches the ICO Spark Program to help well-known companies, successful startup companies integrate their products and services with blockchain technology.
Liquidity Issues - ICO tokens borne by COBINHOOD will soon be traded on COBINHOOD exchanges right after ICO, which solves low liquidity problems for ICO tokens in the secondary market.
Trends in Increasing ICO - ICO revolutionized the global investment ecosystem. It is estimated that by 2020, funds raised through ICO will exceed 200B USD.
Thank you for all who have visited my post, and hopefully this information is useful for us all, because we see Cryptocurrency is now growing, and Cobinhood is the solution for now. And thank you so much for @starkerz who has built this project, and hopefully will be more successful for the future
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