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When I first heard about Coss, I tried the exchange and thought 'this is awful, I'm not buying any Coss tokens'. I regret that decision now!
However this thread is making me think there is still a lot of potential in this exchange and coin. It sounds like they are taking the necessary steps to improve the site and make it a genuine option to trade on. The big thing I noticed after not visiting it for months was that they now use trading view charts which is a massive improvement.
Bear with me as I try to make sense of the token...
The trading fee is 0.2%
Total trading volume is $4,500,000 giving a daily fee income of $9000
50% goes back to COSS holders, so $4500 a day.
Current COSS circulating supply is 63,556,571
So if I buy 1000 COSS then I will recieve (1000/63556571)*4500 = $0.07 daily depending on the volume.
Have a understood this correctly???
However this thread is making me think there is still a lot of potential in this exchange and coin. It sounds like they are taking the necessary steps to improve the site and make it a genuine option to trade on. The big thing I noticed after not visiting it for months was that they now use trading view charts which is a massive improvement.
Bear with me as I try to make sense of the token...
The trading fee is 0.2%
Total trading volume is $4,500,000 giving a daily fee income of $9000
50% goes back to COSS holders, so $4500 a day.
Current COSS circulating supply is 63,556,571
So if I buy 1000 COSS then I will recieve (1000/63556571)*4500 = $0.07 daily depending on the volume.
Have a understood this correctly???
This should help:
https://www.cosscalc.com
