COBINHOOD, a zero-fee cryptocurrency exchange, has announced the launch of fiat trading, which means that legal tender can be converted, through COBINHOOD, into cryptocurrencies, and vice versa.
While COBINHOOD is a separate, commercial entity, it is also the exclusive ICO services partner of the DEXON Foundation.
With fiat trading now arriving to COBINHOOD, investors can buy and sell tokens for Bitcoin, Ethereum, and Tether, in addition to a multitude of other options on the COBINHOOD platform in the future, including DEXON.
Popo Chen, founder of COBINHOOD, said: “In several instances, the market is not reflecting tremendous progress being made at cryptocurrencies worldwide.
Traders know there are opportunities abound for value, so it’s a very synergistic time to debut fiat trading on the COBINHOOD platform.
Crypto exchange Cobinhood has announced today it is supporting fiat trading starting with the U. S. dollar from July 20. The exchange, known for its zero-fee trading, is endorsed by U. S. football player Richard Sherman.
The Bitcoin-silver price ratio highlights the ongoing tug-of-war between digital scarcity and traditional hard assets. While it should not be used in isolation, it provides critical insight into how capital is rotating beneath the surface.
Bitcoin price remains locked in a tight range between $80,000 and $90,000 as liquidity builds on both sides, increasing the likelihood of a sharp breakout once the balance breaks.
XRP price trades near critical $1.80 support as bullish momentum fades, increasing downside risk and raising the possibility of a capitulation move toward lower liquidity zones.
