Review on Cobinhood by Adedayo Adeniji
COBINHOOD
Cobinhood is a cryptocurrency exchange with users in over 100 countries and registered in Cayman Islands. Cobinhood allows spot and margin trading with a leverage not 10x, it provides also a high performing core to execute a million throughputs in a twinkle of an eye.
Cobinhood is accessible through Android and iOS mobile devices for an on the go trading experience, it charges 0.001btc for withdrawal, 0.00% for taker and maker fees, it doesn't accept fiat deposit and supports 53 cryptocurrencies.
Please be aware that Cobinhood has officially closed down and was initially stated that it would come back but it never became reality, although all through the process of the closing down Its users are carried along and provision were made to let them withdraw their funds with restrictions to no further deposits to avoid permanent loss you can check the attachments for more details and my candid advice is that you should be very careful.
Pros
- It allows spot and margin trading
- It is accessible through Android and iOS mobile devices
- It carried its users along in its closing down process.
Cons
- It has no liquidity
- It has closed down
