I don't know how much I've paid in fees transferring/trading crypto, but I'm sure it's significant. Crypto is riddled with fees.
I don't track my fees because I see them as the price to play the game. However, if I had a choice, I obviously wouldn't pay them. Every penny counts in investing/trading and fees have a knack adding up.
That's why I've been interested in the zero-fee exchange - Cobinhood - way back since their ICO period.
Cobinhood was my very first ICO review.
While Cobinhood Coin (COB) and CyberMiles (CMT) are the only cryptos that are currently listed on the exchange they are about to list a slew of cryptos this month.
Here is the list:
January 12 (estimated)
- Augur (REP)
- Basic Attention Token (BAT)
- EOS (EOS)
- Ethos (ETHOS) (the winner of our first token-listing vote!)
- GOLEM (GNT)
- NAGA COIN (NGC)
- Omisego (OMG)
- Qtum (QTM)
- Santiment (SAN)
- SophiaTX (SPHTX)
- Stratus Network (SNT)
- TenXPay (PAY)
January 25 (estimated)
- INS Ecosystem (INS)
Non-ERC20 token coming soon
- Raiblocks (XRB) (exact date TBD)
Here are a few more reasons to like Cobinhood:
Your crypto is safe. Cobinhood puts 98% of exchange deposits in cold storage.
Similar to Binance, they hold a vote to list a crypto for free. Here is the link to the current vote.
Great benefits for COB HODLers. Here are the main ones:
- 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.
CyberMiles (CMT) was the first crypto to use their underwriting service, and while it is unfortunate that U.S. residents are not permitted to receive the Cobinhood's CMT distribution for COB HODLers, it's not Cobinhood's decision. Cobinhood has to comply with CyberMiles distribution rules.
For those lucky enough NOT to be U.S. citizens, here is the link to claim CMT with 1 COB (Note: you had to have COB in the exchange for the January 5th snapshot).
Feel free to let me know if you have any questions or opinions about Cobinhood.
Happy trading,
Kryptonaut
