Cobinhood Review: What Happened and Why It Matters for Crypto Traders

When you hear Cobinhood, a now-defunct cryptocurrency exchange that promised zero fees and high-speed trading. Also known as Cobinhood Exchange, it was once one of the most talked-about platforms in crypto — until it vanished without warning in 2019, leaving users locked out and funds unaccounted for. This isn’t just a story about a failed business. It’s a warning label for anyone trading on platforms that sound too good to be true.

Cobinhood claimed to be a revolutionary exchange built for traders, not investors. It offered zero trading fees, a native token called COB, and promised to be the first fully decentralized exchange. But behind the flashy marketing was a lack of transparency, no clear regulatory standing, and eventually, evidence of misused funds. The team disappeared. Customer support went silent. And by 2020, the website was offline. What happened to Cobinhood? It didn’t just shut down — it collapsed under the weight of its own promises. This is the same pattern you see with other failed platforms like TradeSatoshi and BitForex — platforms that grew fast, skipped audits, ignored compliance, and vanished when pressure mounted.

Today, the name Cobinhood shows up in search results as a cautionary tale. You won’t find a working exchange anymore, but you will find people asking if it’s safe to trust any new platform that promises free tokens, zero fees, or secret algorithms. That’s why this collection of posts matters. Each one digs into a platform that looked promising but turned out to be risky, misleading, or outright fake. From ZKE Exchange to Amaterasu Finance, these aren’t random reviews — they’re patterns. They show you how to spot the red flags: hidden ownership, zero user activity, no public audits, and pressure to act fast. Cobinhood didn’t fail because the market crashed. It failed because it was built on lies. And if you’re trading crypto today, you need to know the difference between a real platform and a ghost.

Below, you’ll find real reviews of exchanges that either shut down, disappeared, or never had any real users. No hype. No fluff. Just what happened, why it happened, and how to make sure you don’t get left behind again.