It’s been a good past week for exchange coins, and COSS is no exception, though there’s enormous potential to grow. I’m really happy to see that COSS, despite having been such a small exchange at the time that the market crashed, has thrived and grown so much in the past year. It was a bumpy road for a while, but they never stopped working toward their goals. And I’m even happier to see all of their hard work being reflected in their value.
For those who aren’t in the know, COSS is a small cryptocurrency exchange based in Singapore. Their ambitious project has been one of my favorites since the beginning. Their exchange coin, COSS, pays out 50% of the fees collected on the exchange. Because the coin has been so undervalued so long, it has paid out a very high ROI as their share of the market grew several times over.
They’ve had a pretty energetic cult following that has only grown despite all of the contraction in the market, while other exchanges have started to go under as they stagnate. I hope that more people check out the exchange in the coming months. If you haven’t ever checked out coss.io, now would be a great time.