COBINHOOD Cryptocurrency Exchange Launches Margin Trading

NEW YORK, Oct. 18, 2018 /PRNewswire/ -- COBINHOOD, the next-generation cryptocurrency service platform and zero-fee exchange, today announced the launch of Margin Trading on its platform. Starting October 19, COBINHOOD users, from the novice to the experienced, are able to maximize their trading power and tap into unused funds for greater value.

The comprehensive features include:

• Margin Trading which allows users to trade more than they are currently able to, with 3x leverage for BTC/USDT, ETH/USDT, ETH/BTC, and COB/ETH.
• Short Selling allows traders to increase financing flexibility and enjoy potentially higher returns on investment, also offering 3x leverage for BTC/USDT, ETH/USDT, ETH/BTC, and COB/ETH.
• Margin Funding provides cryptocurrency funds to margin traders in return for interests earned on funding amounts provisioned, currently offered with four cryptocurrencies including COB, BTC, ETH, USDT.

"We are excited to officially roll out our Margin Trading feature, as we continue to improve and expand the COBINHOOD platform," said Wei-Ning Huang, Co-founder and CTO of COBINHOOD. "Unlike other cryptocurrency exchanges, at COBINHOOD we are constantly innovating our features and services to support traders. We look forward to improving the COBINHOOD platform and offering innovative features that will keep the industry moving forward as it grows."

COBINHOOD's Margin Trading functions provide both novice and experienced traders the opportunity to develop their skillset on a safe and reliable platform. Through expert tutorials, COBINHOOD helps elevate traders to expert levels by increasing their knowledge about cryptocurrency and blockchain technology in a digestible, yet informative way.

In addition, COBINHOOD is kicking off the launch with a Margin Trading Golden Mission, an exclusive benefit for COBINHOOD users available from October 19 to December 19. During this time, those who complete designated Margin Trading trades and Margin Funding bids will receive free COB and tickets for Candy Machine, COBINHOOD's lottery program. Users can get 150 COB and 25 candy machine tickets in total if they complete the entire Margin Trading Golden Mission.

For more information, please visit https://cobinhood.com.

ABOUT COBINHOOD

Launched in 2017, COBINHOOD is a next-generation cryptocurrency service platform. COBINHOOD is home to the world's first zero-fee, high-frequency cryptocurrency trading platform. The company was founded by Popo Chen, the original founder of '17 Media', and Wei-Ning Huang, former Senior Engineer at Google, with the intention of shaping future economies by creating a financial center for the blockchain era. COBINHOOD believes the evolution of blockchain technology and a decentralized financial landscape will transform global capital markets and business organizations with long-lasting impact.

SOURCE COBINHOOD

Related Links

https://cobinhood.com