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glennmatthew
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January 21, 2018, 10:00:27 PM |
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Hi,
May i know why is the bitcoin price on this particular exchange is way low? legit?
As of now the price ranges 7000 to 8000 usd, so if i deposit 8000 usd and withdraw 1 btc here is possible?
It is because there is still a little low trading volume. If you can see a sell order for 8000USD, then you can buy for 8000USD, however it is likely that by the time you deposit, that sell order will be gone  The value will be up to normal once the exchange gains momentum and liquidity. Nothing unusual there. |
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mpeis007
Newbie
 Offline
Activity: 168
Merit: 0
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January 22, 2018, 06:37:32 AM |
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Hi,
May i know why is the bitcoin price on this particular exchange is way low? legit?
As of now the price ranges 7000 to 8000 usd, so if i deposit 8000 usd and withdraw 1 btc here is possible?
Most likely what you saw is a buy order for that much if the most recent price was a buy order for that amount. Product is still in testing mode so its normal to have discrepancies from lack of liquidity. |
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aleksus
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January 22, 2018, 07:42:57 AM |
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Have somebody from Europe passed level 3 KYC in order to be able deposit/withdraw USD ? The prices in USD are very attractive now, but the same time the requirements for this level of security quite harsh. Do they accept european bank accounts as a source for deposit/withrawal ? Thanks for sharing in advance.
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segolodeh
Member
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Activity: 308
Merit: 10
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January 22, 2018, 08:03:37 PM |
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one question- do you have a data server or all calculations and storage will be in the cloud? This project seems very promising in terms of long-term investment so I want to follow it
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DEEEV
Member
Offline
Activity: 116
Merit: 100
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January 22, 2018, 08:56:48 PM |
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Hi,
May i know why is the bitcoin price on this particular exchange is way low? legit?
As of now the price ranges 7000 to 8000 usd, so if i deposit 8000 usd and withdraw 1 btc here is possible?
It is because there is still a little low trading volume. If you can see a sell order for 8000USD, then you can buy for 8000USD, however it is likely that by the time you deposit, that sell order will be gone The value will be up to normal once the exchange gains momentum and liquidity. Nothing unusual there. That's right, but it's still because of the lack of volumes on this exchange, but here is a good team and has clear goals, so all of them will eventually turn out, and, accordingly, the volumes on the exchange will increase. |
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t1Zona
Member
Offline
Activity: 283
Merit: 47
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January 23, 2018, 07:41:48 AM |
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Have somebody from Europe passed level 3 KYC in order to be able deposit/withdraw USD ? The prices in USD are very attractive now, but the same time the requirements for this level of security quite harsh. Do they accept european bank accounts as a source for deposit/withrawal ? Thanks for sharing in advance.
I don't think so. Otherwise arbitrage would be so obvious and profitable that in the end, with a few transactions the price would reach the normal price seen in any other exchange. I believe Cobinhood is delaying fiat deposits (level 3). |
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mpeis007
Newbie
Offline
Activity: 168
Merit: 0
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January 23, 2018, 09:01:05 AM |
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one question- do you have a data server or all calculations and storage will be in the cloud? This project seems very promising in terms of long-term investment so I want to follow it
At 40cents per COB you ll be crazy not to. Price decline right now is extreme due to market conditions, it should be triple that within a month alone. |
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aleksus
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January 23, 2018, 09:06:06 AM |
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Have somebody from Europe passed level 3 KYC in order to be able deposit/withdraw USD ? The prices in USD are very attractive now, but the same time the requirements for this level of security quite harsh. Do they accept european bank accounts as a source for deposit/withrawal ? Thanks for sharing in advance.
I don't think so. Otherwise arbitrage would be so obvious and profitable that in the end, with a few transactions the price would reach the normal price seen in any other exchange. I believe Cobinhood is delaying fiat deposits (level 3). Yes, I guess so, I have tried rising my level of security to level 2 only and I was rejected after 3 weeks with statements that quality of photos was bad. Surprisingly I was admited with the same documents on Coinbase, that I treated the most complex KYC till I started with Cobinhood. |
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torrentco
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January 23, 2018, 11:19:43 AM |
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after three weeks i got verifed for level 2 yaaaay.
now i can withdraw 20k worth of btc from cobx.(not even 2btc lol)
they really need to raise the limits this is ridicilious.
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gmotta0386
Newbie
Offline
Activity: 43
Merit: 0
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January 24, 2018, 12:02:15 AM |
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Just bought 1000 COB at dip with price 5510 satoshi.
I am going to add this promising coin to Passive Coin Backing Fund in February.
Perhaps CobinHood team could re-think it's zero fees policy. For example, zero fees for market-makers or volume providers.
The rest could pay 0.1% which could be shared 50% with COB holders?!
Anyway, love exchange's coins and such other financial related reliable project's coins, like Bancor BNT token.
Yes, or 0 fee for COB token holders, that is enough! |
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cr$pto
Member
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Activity: 140
Merit: 14
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January 24, 2018, 09:51:55 AM |
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Is there any known new airdrops for COB token holders ? or Cybermiles airdrop was one time action ?
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jazzykins
Member
Offline
Activity: 146
Merit: 10
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January 24, 2018, 12:09:06 PM |
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t1Zona
Member
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Activity: 283
Merit: 47
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January 24, 2018, 03:14:24 PM |
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Is there any known new airdrops for COB token holders ? or Cybermiles airdrop was one time action ?
Not for the moment. But it's one of the main reasons for keeping COBs so I guess there should be one from time to time. Previous Cybermiles airdrop was great, I expect some to come in next months. |
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rayazasheva
Member
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Activity: 224
Merit: 10
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January 24, 2018, 05:16:15 PM |
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Great update. USDT Tether is a perfect workaround as legacy banks get up to speed, and fiat is figured out.
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marcoantonio
Newbie
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Activity: 38
Merit: 0
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January 24, 2018, 05:48:42 PM |
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Is any member level 3 verified so far?
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temadanilevsky
Member
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Activity: 250
Merit: 28
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January 24, 2018, 08:38:32 PM |
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Great update. USDT Tether is a perfect workaround as legacy banks get up to speed, and fiat is figured out.
Purchase and sale of Tether for Bitcoin is carried out by a large number of exchanges, including the above, or through the Tether.to platform, which supports transfers of US dollars from / to your bank account. |
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marcoantonio
Newbie
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Activity: 38
Merit: 0
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January 24, 2018, 10:42:30 PM |
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Decentraland (MANA) or District0x (DNT)? |
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jazzykins
Member
Offline
Activity: 146
Merit: 10
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January 25, 2018, 03:45:49 AM |
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To those who are affected by multisig withdraw/deposit delays
⚠️ We will be implementing a deposit fix mechanism to help users who made transactions on COBX using multisig wallets. Fix ETA is before the end of the week, but please note we will still not be supporting transactions using multisig wallets but is only a fix for current users with this issue ⚠️
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