COBINHOOD, a multi-featured cryptocurrency exchange ecosystem announced today some notable updates for users including the switch to an ERC20 based USD token. Currently, USDT on COBX is on the Omni protocol, which uses Bitcoin’s network to issue smart contracts. This migration to an ERC20 based USDT should offer some performance improvements in USDT transactions.
Further upgrades on COBINHOOD will see the blockchain integrations of ACHAIN (scheduled for April 27th), EOS (mainnet, token swap to be supported), and IOTA. The team said that more upgrades have been deployed not only to benefit the COBINHOOD Exchange but for its other platforms that are currently being built and for the new services that will come online in the near future.
Implementing an OAuth authentication server – Will make all COBINHOOD platforms accessible using one ID, which will make it easier for users to navigate all of the services the company will launch without the hassle of creating a new account all over again.
Push notifications – Users can now receive the latest news on their transactions with push notifications enabled on the web browser and mobile apps.
Neo and BitcoinCash have both been integrated into COBINHOOD Exchange – This means that NEO and GAS (and possibly other NEP-5 issued tokens in the future) can be traded on COBINHOOD Exchange.
Refactored WebSocket – Provides improvements on the desktop web application.
Mobile updates – Android app users have a new interface to navigate the exchange and iOS users also got minor UI improvements.
The COBINHOOD team said:
“Since the beginning, COBINHOOD has always envisioned to be beyond a cryptocurrency exchange. So far we offer two major products and services, COBINHOOD Exchange and ICO services. Along with streamlining our services for the users of these platforms, we are also on the verge of introducing other crypto-platforms — driving our ultimate goal of shaping future economies through cryptocurrency.”