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
This post was resteemed by @steemvote and received a 37.29% Upvote
Disclaimer: I am just a bot trying to be helpful.
how do you think or your prediction about bitcoin price in 2018 whether it will be increasing or going down.
I just want to survey some people's opinions
Like anything that is tradable, the price of BTC will continue to fluctuate however, overall Bitcoin will continue to rise.
However, i'm not sure if it will keep to the same rate of increase. The BTC fee is high unless you are moving a lot of it and transaction times are not conducive to making quick trades between exchanges. Still, BTC still dominates and is the preferred trading pair for the market.
This post has received a 1.01 % upvote from @upmyvote thanks to: @kryptonaut. Send at least 1 SBD to @upmyvote with a post link in the memo field to promote a post! Sorry, we can't upvote comments.
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Help me out. What exchange is good for a amateur, some seem so damn complicated.
That's tough to answer, because it depends on the user. Binance is hot right now and they have a lot of the altcoins that people like to trade. However, all exchanges will be unfamiliar when you first use them. Sometimes the crypto you want is only on one or a handful of exchanges. If you are in this space you will have to deal with a lot of exchanges and yes, some are an experience in pain/misery.
If you have to learn a new interface quickly, the best way is to find an instructional video on youtube or just play around in the exchange until you get familiar with the layout.
Good luck!
Do you know you can get paid for your steemit blogs in which you review Cobinhood? https://steemit.com/cobinhood/@starkerz/is-cobinhood-undervalued-get-paid-to-review-oracle-d-first-challenge