COBINHOOD is the world's first zero transaction fee cryptocurrency exchange with an aim to maximize profit for traders around the globe. Moreover, COBINHOOD features a state-of-the-art order book matching engine which is capable of processing more than 1 million orders per second with sub-millisecond latency. COBINHOOD has built an ultra-secure firewall to keep hackers out. COBINHOOD storage vault requires five out of eight hardware security modules to open. Since those eight HSMs are geographically distributed around the globe there is absolutely zero chance for hackers to break in also all cryptocurrency deposits at COBINHOOD are insured.
COB Token Privileges:
COBINHOOD ICO participants will receive coab tokens and will be eligible for several privileges. For example, participants will receive 50% off from their margin trading loan interest, if payment is made with coab tokens. In addition when COBINHOOD under rights in ICO code token holders may get future ICO tokens at a significantly lower rate as cryptocurrency trading and the ICO market grows the market value of coab tokens may rise.
A short interview with the founder of COBINHOOD: Popo Chen the CEO and founder of COBINHOOD said in an interview. COBINHOOD is a cryptocurrency service platform for a blockchain era. The goal is to achieve ultimate trading experience for traders around the globe. One of the questions that people often ask me about COBINHOOD is how do we make money if we are charging zero fees? The answer is that we provide margin trading loans with up to 10 times leverage and the loans will be subject to the interest rate. That is how we make money. So, charging zero fee is not an issue.
How good is the trading system in regards to safety and latency? Now COBINHOOD team has developed a proprietary oracle matching engine. The engine can process millions of orders per second for every trading pair and under sub millisecond latency. The system is designed available and also scalable. At COBINHOOD our top priority is SS security. COBI will store 98% of crypto assets in an offline multi-signature vault which requires five out of eight real distributed hardware-security modules to open in. In addition, the online wallet will be backed by insurance.
Wrap Up: COBINHOOD is launched in 2017, and it is the next generation service for cryptocurrency. It takes the pleasure of being the worlds first trading platform to offer high frequency cryptocurrency trading with zero fee. The founder of the company is Popo Chen, the original founder of '17 Media', with the aim of shaping the economies for future by creating a financial-center for the Blockchain era.
COBINHOOD is a cryptocurrency exchange dedicated to providing a zero transaction fee trading platform with high security and high quality of service for traders across the globe. Download the whitepaper and join COBINHOOD today.