It's extremely suspicious. Their exchange rate for BTC-USD is $6200 USD[1][2]? Yeah, I'll pass.

Well hey, on a side note, at least they have an, albeit likely fake, web trading platform that's publicly accessible before Robinhood. Lol.

[1] https://imgur.com/a/OQJDi [2] https://cobinhood.com/trade/BTC-USD