What is your opinion on COSS Crypto Exchange and their daily income token COS?

[BlockChainGuy101]

Edit: Updating the thread with information on the exchange and token as many people have asked about it.

COSS exchange is a top cryptocurrrency exchange that offers several trading pairs against the most popular base pairs including Bitcoin, Ethereum, USDT and XRP. The exchange is located in Singapore and has a headquarters you can walk in and greet the employees or question with issues should you face any. The exchange has recently under went a full blown reorganization that has lead to a new CEO taking over the company. Since the reorg the exchange has improved drastically, not only in volume but also in composure and ability to deliver. You can check out the exchange at https://coss.io

COS token is the native token of the exchange that pays anyond that holds it daily income!
The token built on Ethereum has a built in DAO (Decentralized Autonomous Organization) that is basically a smart contract to which all the fees earned by the exchange are deposited too. Once these fees are deposited to this contract the contract automatically distributes them to token holders. In short the token pays you a part of the fees the exchange makes daily (To better understand this think about how much money you would make if Binance were to offer even a tiny portion of its fees to you as your income). Note because this is carried out as a DAO, COS token is not classified as a security.


Original Thread
Just want to see what everyone here thinks about the COSS exchange? I'm wondering because new management has taken over and now there seems to be a very positive outlook for the exchange overall. The exchange has undergone a signifcant change in direction under the new leadership. The biggest change being that the new COS token will pay daily in Ethereum and more COS tokens rather then tons of small dust. If you used the exchange before what is your opinion on it and when was the last time you used it?

Thanks for all the replies guys just trying to get an idea around if there is interest around this coin as I see it being one of the biggest boomers (100x or more) in the next alt season.

[BestAltcoinHunter]

I think it has gotten a lot better since I last used it. The COS token also has so many utilities it will be competing with Binance's BNB token and KuCoin's KCS tokens. COS only has 7 mil market cap right now so it can easily get 10x - 100x gains in the altseason when it starts! I think this token is a must have in your portfolio.

[BestAltcoinHunter]

Also for anyone that hasn't heard yet COSS underwent a merger so you need to manually swap your COSS tokens to COS in order to keep getting your daily income!

[Nivia1st]

coss.io is one of the less popular crypto exchanges and the average coin there is a new coin. I've used it several times, according to my experience this exchange is pretty good. coss.io also has their tokens, but the tokens are less attractive. COSS lost compared to BNB, KCS, even huobi tokens.

[BlockChainGuy101]

coss.io is one of the less popular crypto exchanges and the average coin there is a new coin. I've used it several times, according to my experience this exchange is pretty good. coss.io also has their tokens, but the tokens are less attractive. COSS lost compared to BNB, KCS, even huobi tokens.

Completely agree with you there but I think things in this space turn around relatively quickly. COSS is running under new management now so lets see how much of a turn around they do. With the bull market potentially right around the corner I think it has much more potential for big life changing gains when compared to BNB and KCS.

[BestAltcoinHunter]

coss.io is one of the less popular crypto exchanges and the average coin there is a new coin. I've used it several times, according to my experience this exchange is pretty good. coss.io also has their tokens, but the tokens are less attractive. COSS lost compared to BNB, KCS, even huobi tokens.

Completely agree with you there but I think things in this space turn around relatively quickly. COSS is running under new management now so lets see how much of a turn around they do. With the bull market potentially right around the corner I think it has much more potential for big life changing gains when compared to BNB and KCS.

Yes just takes 1 good news or 1 bad news to turn things around. COSS has had lots of good news lately so I see a big jump coming up soon.

[BestAltcoinHunter]

The exchange volume is also slowly picking up so soon the daily payout will increase rapidly

[asder250]

I am owning some COSS tokens since 2017 and it wasn´t my best investment move.
Yeah, you are receiving some passive income but the income depends on trading volume and this volume is decreasing day by day. 

[bttmember]

I am holding some coss tokens from ico time i really liked this project but unfortunately exchange volume is still not growing like it was expected that is why dividends are also very low alongwith the price. Now they have announced new partnerships and token merger that may help the exchange with new users and volume lets see.

[BestAltcoinHunter]

I am owning some COSS tokens since 2017 and it wasn´t my best investment move.
Yeah, you are receiving some passive income but the income depends on trading volume and this volume is decreasing day by day. 

I think the volume dropped during the big team transition as a lot of internal changes were happening. But it is now picking up almost at 3.5 Million USD already!

See the volume here: https://coinmarketcap.com/exchanges/coss/

[BestAltcoinHunter]

I am holding some coss tokens from ico time i really liked this project but unfortunately exchange volume is still not growing like it was expected that is why dividends are also very low alongwith the price. Now they have announced new partnerships and token merger that may help the exchange with new users and volume lets see.

I think COS will be the third big token behind Binance and KuCoin shares. In my opinion anyone not getting in COS now is missing out on potential 100x to 1000x gains

[bigcash2011]

Coss is a great project i remember having over 1 eth worth coss tokens from the ico and i still hold most of them, the all time high price was impressive as well, as good things take time to build i will give this project more time to develop and boom.

[BestAltcoinHunter]

Coss is a great project i remember having over 1 eth worth coss tokens from the ico and i still hold most of them, the all time high price was impressive as well, as good things take time to build i will give this project more time to develop and boom.

Agree completely the token has a good chance of going up 10 to 100x because of this new solid leadership. So far they have come in and changed my entire perspective on the project. The token is 3 Cents right now and has a chance of going back to 3 dollars which was its all time high. If you put in 10 dollars now it could be 1000$ or 100 dollars can easily become 10 Thousand dollars if we go back to the all time high!

[tsaroz]

I was one of the early investor on COSS tokens. They do try to make it all transparent but the total volume of COSS is very little to make it profitable. It is a good investment if you believe COSS exchange would gather much more attention in the future. I still have some tokens their and haven't checked my balance for a long time.

[asder250]

Someone knows about the partnership between COSS and LALA? They completely changed their ARAX wallet and named it as COSS.

[BestAltcoinHunter]

Someone knows about the partnership between COSS and LALA? They completely changed their ARAX wallet and named it as COSS.

Yes the companies combined together in first every cryptocurrency company/token merger. The process went smooth and the swap was one of the best token swaps I've done in comparison to several others. This is why I feel COSS has a bright future ahead.

[bittick]

Someone knows about the partnership between COSS and LALA? They completely changed their ARAX wallet and named it as COSS.

is that means if the lala token already swapper into the coss token? This is my first time to see that but it looks like i was missing more announcement about that. But then coss exchange still can't attract the investors and traders to use its service and it looks like worthless.

[BestAltcoinHunter]

Someone knows about the partnership between COSS and LALA? They completely changed their ARAX wallet and named it as COSS.

is that means if the lala token already swapper into the coss token? This is my first time to see that but it looks like i was missing more announcement about that. But then coss exchange still can't attract the investors and traders to use its service and it looks like worthless.

The swap is open for 3 months. So if you hold any LALA token you need to deposit them to the COSS exchange and manually swap them. Also the merger formed almost a new team entirely so hopefully they will be able to attract new traders once this bull run goes mainstream. The token has several more utility now such as daily income, fee reduction and much more that makes it a lot more valuable then it was previously as LALA.

[triangles]

last time I used coss was early 2018 and in 2017 I had the chance to take part in bounty coss. indeed the initial time of coss is not so good because it still has a low volume, but in mid 2018 coss has a pretty decent volume it's just that I just monitor it, for new management it seems good just to be a boomer I'm not sure because there are still more reliable exhange

[IvugeoEvolutionCoin]

I will say COSS is an average exchange, although I use it only occasionally.  The last time I used that exchange was for LALA swap to COS. I also like the idea of merging COSS token and LALA to COS given the fact that COS will be universal coin for the exchange and ARAX wallet.  Presently I'm not holding COS anymore but will still look into it.