Description
UpdateCobinHood is a crypro exchange, where users can buy or sell Bitcoin, and many altcoins along with own cryptocurrency Cobinhood (COB). Fiat currencies are accepted on this platform and it also offers margin trading. At the same time, Cobinhood also provides ICO underwriting services.
What makes this exchange stand out among its competitors is that it does not charge any trading fees for spot trading. It claims that its revenue comes from providing underwriting services for large ICO projects. CobinHood collects 5% of the funding raised from the ICO as an underwriting service fee.
Like most crypto exchanges, this one also uses two-factor authentication, which can be easily activated upon registration, or at a later stage. To deposit or withdraw fiat currencies to or from your CobinHood account, your account needs to be verified.
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