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Author Topic: [ANN] COBINHOOD - ZERO Trading Fee Cryptocurrency Exchange  (Read 69740 times)
IPVPIRL
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May 27, 2019, 02:55:06 PM
 #1861

COB is dead , and Cobinhood are scamed , no volume trading , no liquidity ! SCAMMM

If they are still open and trading then most probably is not a scam but it is cobinhood's fault to not bring liquidity to the exchange. They must incentivize market makers to come to cobinhood. As we can see they don't have many coins trading there but the exchange has a nice UI. I have noticed that their orders books look buggy or is it just me? Can anyone tell me where can I find the whitepaper so I can see what are their tokenomics?
This exchange site lack of promotion and the UI doesn't seem good for me personally. The main point that prevents this exchange site to growth the developer was strictly apply KYC for the new users and remember those major exchange sites are putting a better requirement to trade and there was a limited amount for those are not verifying their accounts. that should be the main reason why this exchange site still doesn't grow a lot.
Even the dev has already removed it but it doesn't work.

Have they removed the KYC obligation for new users? Are you saying that did not the trick or what? Most exchanges don't ask for KYC to trade and they let users withdraw like 2 btc per day just like Binance.

You can withdraw up to 3 BTC per day as shown below, and more If you decide to verify your identity.



For me, the reason why they don't have many users is because of the supported coins. They should start adding new coins (ones that finish ICOs) instead of listing old ones, that way they know they'll gain a new userbase each time, whom will probably stay If the exchange is half decent.

I was thinking the same thing and agree that they have very few supported coins. They should list the most popular coins and altcoins that have huge demand from the community.

I don't quite agree with this approach. There are already thousands of exchanges and not many real people trading or wanting to buy a coin.
If they start listing new ICO's like exchanges as Latoken do, then it would look like a scam for certain. Still Cobinhood doesn't look secure to me. It is a site that takes it's time to load after loging in and when I see this on an exchange it feels that they didn't do proper work on their site.
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June 12, 2019, 06:29:32 PM
 #1862

Don't deposit any crypto to COBINHOOD.
After depositing BTC I decided to buy a CyberMiles coin while the price is cheap. COBINHOOD is like no exit street I am unable to withdraw my CMT balance for 3 days!!!
Their subreddit is full of complaints about approved (frozen) withdrawals, exchange management should explain the reason about bankruptcy rumours if there is a before-mentioned case.

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inorep
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June 15, 2019, 11:37:06 AM
 #1863

Sad to see that Cobinhood hasn't gained success it deserved and is now slowly fading... Such a good project will end like many others.
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June 16, 2019, 04:34:40 PM
 #1864

Sad to see that Cobinhood hasn't gained success it deserved and is now slowly fading... Such a good project will end like many others.
The Ceo already announced a new weekly update as promised last week. They are discussing the token allocation with shareholders and it can take up to the 2 months. It is a red flag for the current traders who have CMT holding for getting more coins with staking on the Cobinhood. By the way, these guys didn't send my withdrawal yet.

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       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
galaxiekyl
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July 12, 2019, 12:31:05 PM
 #1865

it is strange this project seemed promising...seems like scam now  Undecided
GlobalProtection
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August 03, 2019, 03:21:00 AM
 #1866





I do not believe this project will fail because someone can buy this exchange and make it into something great.


I sure would like to see the present management correct things and follow through on their original vision.





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nira09
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August 03, 2019, 05:34:04 AM
 #1867

it is strange this project seemed promising...seems like scam now  Undecided
yes, I thought the Cobinhood exchange went bankrupt, the trading volume there was very low, only $ 6,207 USD / 24 hours. how could an exchange have this small trading volume.
lobo13hf
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August 03, 2019, 12:10:41 PM
 #1868





I do not believe this project will fail because someone can buy this exchange and make it into something great.


I sure would like to see the present management correct things and follow through on their original vision.





Im still waiting that to happen but when come have already declared this one as scam and im still confusing why this exchange site still operating at this moment and there was no such thing happen.
Im just waiting for the cobinhood will try to make a big update and zero fees trade will be stopped.



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Fabsquire
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August 03, 2019, 03:49:18 PM
 #1869





I do not believe this project will fail because someone can buy this exchange and make it into something great.


I sure would like to see the present management correct things and follow through on their original vision.





Im still waiting that to happen but when come have already declared this one as scam and im still confusing why this exchange site still operating at this moment and there was no such thing happen.
Im just waiting for the cobinhood will try to make a big update and zero fees trade will be stopped.

After Cobinhood's team muted the telegram channels, the community made an unofficial channel in where there has been a lot discussion and speculation on what will be next. You can join it here if you aren't a member already: https://t.me/realCobinhood. I guess at the moment we as a community can unfortunately not do much more then wait patiently and hope for a buyer to come in/the current management make a 180 degree turn and breath new life into the exchange. This is of course just hoping here and lets see what will happen over the nex couple of weeks...

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September 10, 2019, 12:25:29 AM
 #1870

I am trying to withdraw my cob tokens to mercatox.  It’s been over one day and my tokens have not been sent.  There is no tx hash or record of the transaction.  What is going on, why can’t I withdraw these tokens? I’ve already lost 95% would like to just get back what I can
naska21
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January 11, 2020, 10:20:34 AM
Last edit: January 11, 2020, 10:31:45 AM by naska21
 #1871





I do not believe this project will fail because someone can buy this exchange and make it into something great.


I sure would like to see the present management correct things and follow through on their original vision.





Im still waiting that to happen but when come have already declared this one as scam and im still confusing why this exchange site still operating at this moment and there was no such thing happen.
Im just waiting for the cobinhood will try to make a big update and zero fees trade will be stopped.

After Cobinhood's team muted the telegram channels, the community made an unofficial channel in where there has been a lot discussion and speculation on what will be next. You can join it here if you aren't a member already: https://t.me/realCobinhood. I guess at the moment we as a community can unfortunately not do much more then wait patiently and hope for a buyer to come in/the current management make a 180 degree turn and breath new life into the exchange. This is of course just hoping here and lets see what will happen over the nex couple of weeks...

In case you haven't heard finally Cobinhood's gone to hell

Cobinhood Shutting Down Months After Bankruptcy Rumors

Arnaud
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January 12, 2020, 06:48:29 PM
 #1872

Game over

https://twitter.com/Crypto_Krill/status/1216402245597593600
sachwv
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January 28, 2021, 12:26:05 AM
 #1873


Hi - I am coming here exactly after 1 year. Apparently, I was living under a rock. Is there any chance I can recover my funds (deposited on the exchange)?
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April 20, 2021, 10:19:00 AM
 #1874

ı was very hopefull with that project in 201
7, and did lots of research for that time. its very disappointing to see cobinhood is also a scam,
Lubang Bawah
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October 09, 2022, 10:42:43 AM
 #1875

ı was very hopefull with that project in 201
7, and did lots of research for that time. its very disappointing to see cobinhood is also a scam,

I have participated in ICO and invest around $ 400, which I know is along with many successful ICOs in 2017 and reached hardcap, unfortunately too long Hold and skipped to sell when the market was high and I lost about $ 100, but happy because I still could sell before becoming a scam.



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