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

[puremage111]

Well i am with coss since their ICO till last few month and i sold off my bag

Not saying that Coss is not a good project
But because exchange based related project are kinda tough because we have tons of competitor in the market
However, if you are one who wanted to gamble on the ROI of daily income token
Coss is pretty fine because it is cheap there
It has room to growth tho

[rosezionjohn]

I only heard of COSS because of Lala World. I haven't really used it yet for trading but based on the few minutes I spent navigating the exchange, I think it needs some improvements especially its UI.

[qazgroup]

Yeah i am also a holder and supporter of cos and i personally like the project and i think it is exactly a high potential project that is real, legit and practical and im sure that things will change and it will become one of the best crypto ecosystem online in few more months.

[BestAltcoinHunter]

I only heard of COSS because of Lala World. I haven't really used it yet for trading but based on the few minutes I spent navigating the exchange, I think it needs some improvements especially its UI.

Care to expand on what improvements the UI could use. Their team is actually very responsive so if it needs improvements I'm sure we can let them know and they will make changes rapidly!

[asder250]

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.

And it is better to hold LALA or COSS? What is the swap rate please?
What would happen after 3 monhts? No swap will be avaiable? 

[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.

And it is better to hold LALA or COSS? What is the swap rate please?
What would happen after 3 monhts? No swap will be avaiable? 

It's best to hold COS now, if you have any LALA or COSS you should swap it as soon as possible. If you are looking to buy COS you can exchange it on the COSS exchange now at coss.io.

Rate was 10:1 Lala:COS and 1:1 COSS:COS this was because of price LALA was valued at 10x lower price so ratio was decided based on that price difference.

[sulis sudibyo]

not very good, I see the COSS tokens and exchange are not very popular. if I am told to choose, maybe I will not choose their tokens. I better buy a huobi token or BNB. this is better because they have a large Exchange. I have never used COSS, but when seen they don't support too many coins. maybe just big coins and some new tokens. and the trading volume is still very small.

[BestAltcoinHunter]

not very good, I see the COSS tokens and exchange are not very popular. if I am told to choose, maybe I will not choose their tokens. I better buy a huobi token or BNB. this is better because they have a large Exchange. I have never used COSS, but when seen they don't support too many coins. maybe just big coins and some new tokens. and the trading volume is still very small.

Yes but only issue is holding BNB and Huobi won't get you as much a big return as COSS might get you. COSS only has a market cap less than 7 million USD so it can easily do 1000x while BNB and HT might do 2x to 5x long term at a much slower pace.

[BestAltcoinHunter]

Yeah i am also a holder and supporter of cos and i personally like the project and i think it is exactly a high potential project that is real, legit and practical and im sure that things will change and it will become one of the best crypto ecosystem online in few more months.

I agree team looks promising and so far since they have come on board they have delivered everything they have promised. Future looks good!

[BlockChainGuy101]

not very good, I see the COSS tokens and exchange are not very popular. if I am told to choose, maybe I will not choose their tokens. I better buy a huobi token or BNB. this is better because they have a large Exchange. I have never used COSS, but when seen they don't support too many coins. maybe just big coins and some new tokens. and the trading volume is still very small.

It might not be popular now but it will be. The main thing is that if you've heard about COSS and many people know about it, it is doing the right thing. Eventually it will get volume and then everyone will start to use it. It's a very well known marketing strategy where good and bad publicity leads to tons of potential customers. This is the reason why if you watch WWE all the heroes eventually become the villain and vice versa. Even bad publicity sells. As long as more and more people keep hearing the name of COSS one day it will be a top exchange battling for the top spot against Binance. And those that get COS tokens now will be surprised how valuable this little gem will become!

[BestAltcoinHunter]

not very good, I see the COSS tokens and exchange are not very popular. if I am told to choose, maybe I will not choose their tokens. I better buy a huobi token or BNB. this is better because they have a large Exchange. I have never used COSS, but when seen they don't support too many coins. maybe just big coins and some new tokens. and the trading volume is still very small.

It might not be popular now but it will be. The main thing is that if you've heard about COSS and many people know about it, it is doing the right thing. Eventually it will get volume and then everyone will start to use it. It's a very well known marketing strategy where good and bad publicity leads to tons of potential customers. This is the reason why if you watch WWE all the heroes eventually become the villain and vice versa. Even bad publicity sells. As long as more and more people keep hearing the name of COSS one day it will be a top exchange battling for the top spot against Binance. And those that get COS tokens now will be surprised how valuable this little gem will become!

Yes I agree. Exchanges come and go, we've seen several exchanges go from the bottom and become top exchanges like Binance and we've seen several top exchanges dissapear such as Cryptopia and MtGox. COSS will one day be a top exchange and their COS token will probably be worth a lot!

[BestAltcoinHunter]

Also wanted to point out that COSS volume is starting to grow steadily we have gone up from almost 1 mil volume a day to now 5 mil volume. That means COS token holders will get almost 5x the daily income now. So I expect token price to follow that trend. For everyone worried about volume not being enough, its only a matter of time as the exchange gets more and more visibility it will build up that trust eventually!

[Convery]

The daily income is calculated on the amount of COSS tokens you hold and the daily volume. And that is the daily trading volume and that is the problem, low trading volume makes this coin pretty useless with 0 income. 

[BlockChainGuy101]

The daily income is calculated on the amount of COSS tokens you hold and the daily volume. And that is the daily trading volume and that is the problem, low trading volume makes this coin pretty useless with 0 income. 

Here is a calculation for you: (Using today's payout rate per coss of 0.00000305 USD)

If you hold 10 Thousand COS worth about 350 USD right now then you will earn
0.00000305 * 10 000 = 0.031 cents per day

Since most of this is paid out in COS that means each day you are getting 1 extra COS token so that by the end of the year you will have almost another 365 COS which builds cumulative income. I expect the volume to grow atleast to 10-20 mil by the end of the year so you can double the earning even.

By the end of the year you will be making almost like 12% ROI which is a huge return considering most blue chip stocks pay around 2% ROI in dividends.

And as you acumulate more and more coss your earnings will only increase.

So basically each day volume increases and each day your COS holdings increase the potential income you earn daily goes higher and higher

Not to mention the growth in price of the COS token so even more potential to earn. If you are holding COS at its all time low price right now the only way to go is up!

[BestAltcoinHunter]

The daily income is calculated on the amount of COSS tokens you hold and the daily volume. And that is the daily trading volume and that is the problem, low trading volume makes this coin pretty useless with 0 income. 

Actually making a couple cents per day, yeah its not much but its something for a start. Don't have to do any work and getting money daily is a good thing

[target]

Its been a long time that I have heard of this exchange again. Normally I only heard an exchange when they list a token that isn't listed anywhere in the world but on their platform. The only token I have if I remember correctly was of the Blockpool project that is listed on COSS. I didn't know there were issues of the management but seeing there is a new one I guess the reason is for new management is to make the platform better.

[BestAltcoinHunter]

Its been a long time that I have heard of this exchange again. Normally I only heard an exchange when they list a token that isn't listed anywhere in the world but on their platform. The only token I have if I remember correctly was of the Blockpool project that is listed on COSS. I didn't know there were issues of the management but seeing there is a new one I guess the reason is for new management is to make the platform better.

Yes they are and so far they've already improved the exchange dramatically. I'm using it more than HitBTC already and maybe this will be a new home for all the former cryptopia users as well.

[BestAltcoinHunter]

Daily FSA has been increasing significantly over past month! I think the COS coin will be one of the first tokens to 100x in the alt season when/if it happens this year!

[take_off]

COSS is an exchange but it is increasingly being compared to other exchange when not improving to attract investors and traders. I have never used it because I found the volume on it too small to liquidate

[BestAltcoinHunter]

COSS is an exchange but it is increasingly being compared to other exchange when not improving to attract investors and traders. I have never used it because I found the volume on it too small to liquidate

Yes liquidity has been bad earlier but now new management is changing that significantly. You can see by going to just the primary BTC/USDT pair or the ETH/BTC pair. Also you will notice that if you hold the COS tokens the daily income is rapidly increasing now!