As the days go by technology keeps evolving. As a result, cryptocurrency came up. Cryptocurrency is the most recent kind of currency which is digital and uses encryptionto authenticate the movement of money and control the production of money. An example of an organization that works with cryptocurrency is Cobinhood.
Benefits of being a Cobinhood token holder.
To get these benefits first you ought to be a participant of Initial Coin Offering.(ICO). As a participant, you will have Premium Benefits in Cobinhood thanks to the tokens granted. The benefits of being a token holder are:
During the subsidization of ICOs by Cobinhood, the people that have the tokens are at an advantage of obtaining cheaper ICO tokens compared to the usual ICO partaker. The icing to the cake on this is that Cobinhood token holders may get very low rates.
It is quite evident that being a Cobinhood token holder has its perks. Getting low rates for instance is really beneficial because this will make it easier to exchange currency and have a high profit margin. Higher profits will lead to more token holders making it a win-win situation for the token holders and the company.
How Cobinhood makes money with zero fees charged.
The aim of Cobinhood is to offer the best exchange rates and as a result have more clients. We do this by charging absolutely nothing when it comes to trading fee. Money raised from the Initial Coin Offering is gathered up and 5% of it used as a service fee for underwriting. Following the Initial Coin Offering, there will be provision of underwriting services (this fee has a probability of increasing or decreasing in the future) for bigger Initial Coin Offering Projects like Kyber and alternatives like File coin. Provision of these services generates our revenue. The income generated is used for the growth and betterment of the services we offer. The revenue obtained also helps in the maintenance of our exchange.
The Cobinhood token has a market value whose probability of rising is high. This is due to the rapid growth of the Initial Coin Offering and the Cryptocurrency market. This growth may lead to Cobinhood token holders receiving more forms of tokens.
In nutshell, Cobinhood is outdoing most organizations due to charging nothing for trading fee. Cobinhood also ensures that it has income for maintenance and improvement of the services. This is good for marketing since people would want to invest in a company that does not obtain for funds directly from them. Bearing in mind that the market value of the Cobinhood token has a probability of increasing makes the organization good investment.
All in all, it is advisable to invest in Cobinhood. Precisely, a Cobinhood token holder to enjoy all the benefits. A privilege such as getting significantly low rateis absolutely the best. To top it all, there are no trading fees charged here. This means maximum benefits or profits to the consumer. It is rare to find organizations that offer these many benefits to the participants making Cobinhood the top on my list.