Bitcoin Forum

What is your opinion on this exchange? It has recently been taken over by a Indian team headed by CEO Sankalp Shangari. They have a token called COS token that pays daily dividends as well so basically giving passive income.

I think as Indians we should be supporting Indian companies venturing into cryptocurrency as much as possible.
They have hired top people from original Indian exchange Zebpay as well such as Nirmal Ranga.

Let's help bring this project to the forefront and help make it India's go to exchange!

Check out their website at https://www.coss.io
You can also join their telegram group at https://t.me/myCoss

You are promoting the exchange instead of asking anyone's opinion. People are calling it a scam here: https://www.forexbrokerz.com/brokers/coss-review

Sankalp Shangari is also the founder and CEO of LALA world. COSS is his new project and already started getting bad reviews as mentioned by erikalui. India is not a great place to start businesses around cryptos. So I usually stay away from any Indian project instead of supporting them. But COSS is registered in Amsterdam as I can see in their website so they won't necessarily come under the purview of India government it seems.

BTW, COSS requires KYC as well. Look at the below link,
https://cosssupport.freshdesk.com/support/solutions/articles/35000103546-kyc-guide

This is an ico article and was proven fake. Coss is a very legitimate project based out of Singapore. You can walk directly into their office and see them working.

The team is based out of Singapore so don't worry about that. In terms of KYC it is only required if you plan to transact more than 2 BTC per day or trade Fiat on the exchange. So if you're just a crypto to crypto trader there is no need for KYC.

I can confirm I have been getting daily income now for past 2 years so the exchange is very far from a scam they are actually a very legitimate project.

Not a scam at all, completely legitimate project. I've been holding COSS tokens for almost 2 years now and they haven't missed a single day of dividend payout.

I am also once Coss token holder, it was got from coss bounty campaign after that i invest some amount also in Coss token, and using their exchange without any issue from past 2 years. So I am sure that the Coss token will give good return in coming days.

COSS is a very good exchange also it has the own COSS token which is paying daily dividend of the holder of the token. But, at the same time you already know that all the exchanges are now facing tough challenges as the crypto is not fully legalized in the country. Some of the exchanges are already shut down their business because of loss. So, COSS is also going on this problem if the Supreme Court of the India verdict won't go in favour of the crypto enthusiast then this exchanges may also be shut down.