New High Frequency, Zero Trading Fee Cryptocurrency Exchange Cobinhood Goes Live

New High Frequency, Zero Trading Fee Cryptocurrency Exchange Cobinhood Goes Live

SAMSUNG CAMERA PICTURES EXCLUSIVE — Cryptocurrency exchange platform Cobinhood goes live today, as it gears up to launch its first digital wallet in the coming months. The online platform already has 40K signups, according to its Chief Executive Popo Chen, who told Bank Innovation the goal behind the platform is to allow traders more return on investment (ROI) by not charging trading fees. Instead, the company relies on revenue from its underwriting service for companies taking part in ICOs (Initial Coin Offerings), a service it provides to only the few that meet its due diligence criteria. “It’s almost like […]