Cobinhood is a cryptocurrency trading platform that does not charge the first fee in the world. Cobinhood recently announced that it will soon release IOTA trading that had previously been distributed without permission. The IOTA technology is created to ensure the future of the Internet of Things (IoT) with microtransactions that are integrated with data in the machine. IOTA has now been traded on the Cobinhood exchange whose center is under MIOTA.
The addition of IOTA follows the entry of more than 40 coins on the CobinhooD exchange, ranging from leading cryptoccurency such as Bitcoin, Litecoin and Ethereum to the most advanced altrenative token in the world. IOTA is a revolutionary new transaction settlement for data transfer layer for IoT. It is based on new technology, Tangle is staying up to overcome the inefficiencies of the current blockchain design and introduce new ways to reach consensus in a decentralized peer-to-peer system. Through IOTA it is expected that for the first time people and machines can transfer money and data without the cost of transactions in this modern and decentralized era.
Popo Chen, CEO of Cobinhood, said it is happy to continue the growth momentum of cryptoccurency through the addition of IOTA to the Cobinhood platform. IOTA is a promising technology platform that will help drive the market forward. IOTA is expected to be the entry point for COBINHOOD to succeed.
New token is added to the weekly zero-trading-fee platform. The machines in charge of matching Cobinhood's orders can process millions of orders with sub-milliseconds.
