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.
According to reports, global crypto exchange trading volume jumped to over $79 trillion in 2025, driven largely by futures and perpetual contracts. That surge pushed derivatives to claim most of the market’s activity, while spot trading grew at a much slower pace.
Bitcoin price is consolidating beneath $94,500 in a bear flag structure, with sellers maintaining control and downside risk growing as price remains capped below key resistance.
WIF (WIF) price is entering a critical technical phase as price action reclaims the 200-day moving average, a level that often separates bearish control from bullish continuation.
Ethereum price is compressing into a tightening triangle structure, with converging support and resistance signaling a decisive breakout as volatility continues to contract.
Solana price is consolidating beneath major resistance with rising bullish volume, signaling strength and increasing the probability of an upside breakout toward higher targets.
