As much as we all love cryptocurrencies - they are not very user-friendly (yet.)
Let's say you want to invest in a certain altcoin - you first need to exchange your fiat currency for Bitcoin, and then go through several other steps and need different accounts on different platforms until you finally get what you want.
This process is not only time-consuming, but also complex and not very convenient.
That's where the new platform "COSS" comes in. Coss.io aims to be a simplified platform for all of your cryptocurrency needs, with many features that interact with each other seamlessly.
No more hassle, no more waiting - simply a convenient, easy-to-use application for cryptocurrency trading and usage.
What is Coss.io ?
Coss stands for Cryptocurrency-one-stop-solution. The Singapore-based team of Coss aims to combine features of an exchange platform, wallet, and merchant solution.
Right now, dealing with cryptocurrency is quite complicated and not very user-friendly. You have to buy Bitcoin with Fiat currency, then exchange those Bitcoins to any altcoin, eventually transfer your funds to another exchange platform because only they offer your desired currency, etc. etc. . It's a tiring process, and especially for cryptocurrency newbies, it's a long and complicated process.
Coss aims to "introduce simplicity to cryptocurrency", combining all of those features into one platform and enabling even users with very limited crypto knowledge to deposit and exchange funds.
"Redefining simplicity has been on our mind since day one, and we truly believe that COSS can make it a lot simpler for any average Joe out there to enter the world of cryptocurrencies and blockchain-related products and services."
COSS aims to take the usability of the cryptocurrencies to the next level: we all started as crypto-enthusiasts and waited long hours before a transaction, exchange, withdrawal, purchase (you name it) were completed. We switched between all of those websites with a limited functionality to accomplish such simple tasks as dropping some e-cash to your wallet. We got tired of filling in countless registration forms, which make the entire process of using cryptocurrency very cumbersome. We've had enough, and we designed a platform, on which every functionality associated with cryptocurrencies can be presented and can be accessed with a single account.
Coss.io Features
There are 6 key features that Coss.io offers:
- Merchant POS: Giving merchants the ability to accept cryptocurrency payments for their local store.
- Payment gateway: Online retailers can use coss.io to accept cryptocurrency payments on their website.
- Transparency: Coss.io is based on the Ethereum Blockchain. Due to the nature of Blockchain Technology, all transactions are saved transparently.
- Instant Conversion: Users can exchange between BTC, VRS, ETH and 3 major fiat currencies instantly.
- State-of-the-art-security: Coss offers the latest security measures, for example end-to-end encryption and 2-Factor Authentification.
- Integrated Cashflow: Funds can easily be transferred from the merchant platform to the exchange or to the wallets, without any other unnecessary steps or middlemen.
VEROS Token
VEROS is the native currency of the Coss platform. VEROS (VRS) is implemented as an Ethereum smart contract and manages the distribution, validation and value of ownership of the tokens.
Highest Rated ICO
Since the massive popularity gain of ICO's this year, a whole industry and a lot of new businesses have developed around the concept of ICOs.
One example is the company ICO Rating, which has specialized in reviewing and rating upcoming ICO projects. They were one of the first to take this chance and make a business out of the growing ICO market - and their business concept definitely makes sense because there are so many ICO's nowadays that you can hardly keep track of them all.
The company rates the ICO projects based on certain guidelines like the project idea, potential profits, project implementation and more.
When they reviewed COSS, ICO Rating gave them the evaluation mark "Stable+" - the highest of them all which no other ICO had received until now.
COSS ICO - How you can participate
Depending on when you read the post, the COSS ICO is either about to start or has just started.
The ICO (or Token Swap, as they like to call it) begins on August 8, 1:08 PM GMT. (7:08AM EST)
You can pre-register for the ICO on their website to be notified as soon as it begins.
Make sure to get your ERC20 compatible Wallet ready and then follow their instructions to buy your tokens!
The ICO ends on September 6 and the tokens will be released on September 20.
© Sirwinchester