Cobinhood Adds 14 New Altcoins to its Fees-Free Exchange ‎

Photo: iStock

Cryptocurrency exchange platform Cobinhood has announced that a swathe of new altcoins ‎will be added to its platform, as the startup gears up to expand its offering and launch a digital wallet in 2018.‎

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Cobinhood currently lists two of the world’s most popular coins – Bitcoin and ‎Ethereum – as well as its own digital token COB.‎

The Taipei start-up has added 14 new coins, making it easier for its client base to access a wider variety of crypto assets, in the sense that ‎they are not just constrained to the big two or three.

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The new cryptocurrencies to be added to Cobinhood are as follows:

Augur (REP)‎
Basic Attention Token (BAT)‎
EOS (EOS)‎
Ethos (ETHOS) (the winner of our first token-listing vote)‎
Game (GTC) (updated on 8th January)‎
GOLEM (GNT)‎
NAGA COIN (NGC)‎
Omisego (OMG)‎
Qtum (QTM)‎
Santiment (SAN)‎
SophiaTX (SPHTX)‎
Status Network (SNT)‎
TenXPay (PAY)‎
TRON (TRX

Cobinhood claims to offer the first zero-trading-fee, high-frequency cryptocurrency trading platform. The company relies on revenue from featuring underwriting service for ‎companies taking part in ICOs, a service it provides to ‎only the few that meet its due diligence criteria. Cobinhood has recently conducted its ‎own initial coin offering where over 45K ETH were raised from 17,433 contributors.‎

As a part of the announcement, Cobinhood also revealed that it has signed Seattle Seahawks cornerback Richard Sherman as the company’s U.S. ambassador. The SB winner and four-time Pro Bowler will focus on educating the general population on the future of cryptocurrency.

Commenting on the news, Popo Chen, Cobinhood CEO, said: “Since our launch, we’ve seen great volume and our users recommending new tokens to be tradable on the COBINHOOD platform. While kicking off with Bitcoin, COB and Ethereum brought us market adoption and credibility, we want to continue to grow the community and add tokens that people really want to trade and engage with. As COBINHOOD continues to grow, adds a mobile trading option and a wallet, we’re all expecting this to become the industry leader and clear user favorite as the crypto industry evolves.”