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The Taipei start-up has listed 14 new coins on its exchange platform.

COBINHOOD is a cryptocurrency exchange platform which aims to solve some of the existing problems in current exchanges. By providing a platform where spot trading and margin trading are free of costs, it helps maximise the market’s profit and liquidity.

As well as offering a cryptocurrency exchange platform, it also renders ICO underwriting services to help solve ICO token liquidity issues.

The platform announced that it will be adding a swathe of new altcoins. The two most popular coins, bitcoin and Ethereum, as well as COBINHOOD’s own digital token COB are already listed on the exchange.

These are the coins being added to COBINHOOD:

  1. Augur (REP)
  2. Basic Attention Token (BAT)
  3. EOS (EOS)
  4. Ethos (ETHOS)
  5. Game (GTC)
  6. GOLEM (GNT)
  8. Omisego (OMG)
  9. Qtum (QTM)
  10. Santiment (SAN)
  11. SophiaTX (SPHTX)
  12. Status Network (SNT)
  13. TenXPay (PAY)
  14. TRON (TRX

The platform derives its revenue from featuring underwriting service for companies which are taking part in ICOs.

COBINHOOD has successfully conducted its own ICO where more than 45,000 ETH have been raised from 17,433 contributors.

A campaign has also been started by the platform. It says that platform users can win up to US$1,000,000 worth of COB. The event period will be from 12 January to 31 January 2018.

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This information should not be interpreted as an endorsement of cryptocurrencies or a recommendation to invest. Historic performance is no guarantee of future returns. As an investment class, cryptocurrencies are speculative investments and investing in cryptocurrencies involves significant risks – they are highly volatile, vulnerable to hacking and capital loss and sensitive to secondary activity. Before investing you should obtain advice and decide whether the potential return outweighs the risks.


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