COSS stands for Crypto one-stop solution and is a relatively new exchange offering some interesting features. I found out about it today discussing some tokens for short-term trades.
The exchange intends to be an e-wallet which supports a broad variety of tokens, a platform for ICO launches and promotional trading campaigns, a fiat gateway, a market cap widget, and more.
Their token known as 'COSS' and seems pretty good given its low market cap currently and possibility for a good pump down the road if the exchange continues growing. It reminds me of BNB but ofcourse Binance exchange is on a totally different level and in a league of its own.
But this post is not about speculating on the COSS token. The exchange has two native tokens:
- COSS
COSS token generates an entire cryptocurrency portfolio to its holders derived from fees within the COSS system when cryptocurrency transactions take place.COSS token holders are rewarded with payouts in all cryptocurrencies supported at coss.io for utilizing the platform and the exchange.
- CFT
CFT token is an exclusive token on the COSS.IO platform and allows users to pay trading fees at a discounted rate.Paying the trading fees with CFT will earn you a 25% discount on the trading fees. CFT used as fees will be included in the FSA on COSS.IO
Interestingly this exchange is registered is headquartered out of Singapore and the team behind it looks pretty solid. Might be an interesting place to list our beloved STEEM.
What I found the most interesting about this exchange are these features. I'm listing them as I see them on the website.
- Keep track of all your transactions recorded and verified on the blockchain
- Establish your own market and limit orders when trading. Instantaneously exchange BTC and ETH
- 50% of trading fees on our platform goes to all COSS token holders.
You can find more information and check it out here: https://coss.io
There are so many entrants in this space today that it's getting increasingly harder to keep track. For now I like what i'm seeing with COSS.
If you have any prior experience with this exchange please feel to leave your feedback below.
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