COBINHOOD

COBINHOOD

COBINHOOD is a cryptocurrency service platform for the blockchain era. The first service launched by COBINHOOD is the world’s first zero fee high-frequency cryptocurrency trading exchange that solves existing problems of cryptocurrency exchanges. It provides spot trading and margin trading with ZERO trading fees to maximize traders’ profit and market liquidity. COBINHOOD also provides ICO underwriting services to solve the problem of ICO token liquidity issues

Background

With the advance of blockchain technology, more and more people are migrating from fiat-based financial system towards blockchain-based financial system. Since January 2017, the cryptocurrency market cap has increased from 7B USD to 110B USD in July[1]. Moreover, cryptocurrency trading volume exceeded stock trading volume by August 2017. However, existing cryptocurrency exchanges are not able to handle modern trading demands.

Features of COBINHOOD Cryptocurrecny Exchange

ZERO Trading Fees

COBINHOOD features ZERO trading fees for spot trading and margin trading with up to 10x leverage to maximize the profits for traders all over the globe.

100% Reserve Guarantee

COBINHOOD guarantees 100% reserve. It will also disclose all online and offline wallet addresses for public audit, ensuring no embezzlement of traders’ funds.

Offline Multisig Wallet Security System

Every kind of crypto assets deposited at COBINHOOD will be stored in an offline multisig wallet. It is estimated that 98% of assets will be stored offline, while 2% of assets will remain in an online wallet allowing for faster user deposit/withdrawal experience.

Each offline multisig wallet consists of 8 HSMs (Hardware Security Modules). This means that transactions which use the multisig wallet will require 5 out of the 8 HSMs to proceed. If one of the HSM administrators is compromised, the multisig wallet will remain secure. Furthermore, the administrators of the HSMs are located in different countries (geo distributed) adding to COBINHOOD’s security system.

Crypto Assets Backed by Insurance

All crypto asset deposits in COBINHOOD’s online wallet will be backed by insurance. Since offline multisig wallet is virtually impossible to be compromised, all users’ crypto assets will be fully covered.

Two-Factor Authentication Enforcement

COBINHOOD enforces two-factor authentication (2FA) to log in. Withdrawal of crypto assets requires an extra email confirmation to protect the user’s crypto assets.

Wide Range of FIAT Currencies Supported

COBINHOOD will support a wide range of fiat currencies. Users are able to choose their preferred fiat currencies to make funds deposit or withdrawals. Fiat currencies supported by COBINHOOD: USD/EUR/JPY/KRW/CNY/HKD/CAD/GBP/ AUD/NTD

The Most International Cryptocurrency Exchange

The website and app of COBINHOOD support 10 main languages, covering 98 % of the world’s population’s native language, making it the most internationalized cryptocurrency exchange. Languages supported by COBINHOOD: Chinese/Japanese/Korean/English/Russian/ French/German/Spanish/Portuguese/Arabic

ICO UNDERWRITING SERVICE

ICO Due Diligence

COBINHOOD only focuses on underwriting high-quality, promising ICOs. COBINHOOD's ICO review team will conduct careful auditing of a project's feasibility, idea novelty, and legal

ICO Spark ProgramTM

COBINHOOD will launch its ICO Spark ProgramTM to help well-known enterprises, successful startup companies, or reputable entrepreneurs integrate their products and services with blockchain technology.

ICO TOKEN DISTRIBUTION

ICO FUNDS USAGE

ROADMAP

Website : https://cobinhood.com/