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

[BestAltcoinHunter]

New bi-weekly medium update for today: https://www.reddit.com/r/CossIO/comments/ckm5bd/a_letter_from_coss_ceo_sankalpshangari_to_the/

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[BlockChainGuy101]

New bi-weekly medium update for today: https://www.reddit.com/r/CossIO/comments/ckm5bd/a_letter_from_coss_ceo_sankalpshangari_to_the/

Very nice and informative medium update! Team making great progress!

[CuriousGeorge]

I just curious about does lala coin already merged to the coss? And is there news about how i can convert my lala? i remember i have some lala in my wallet and i have not yet checked it though.
But this exchange site got so many complains in the past.

[BestAltcoinHunter]

I just curious about does lala coin already merged to the coss? And is there news about how i can convert my lala? i remember i have some lala in my wallet and i have not yet checked it though.
But this exchange site got so many complains in the past.

It has improved drastically under new management. You should immediately convert your LALA to COS tokens as you will start receiving daily income for holding COS. Simply send your LALA token over to COSS exchange by depositing to your LALA address there. Once your LALA arrives on COSS exchange then go to the swap section and click swap. You will instantly be credited with new COS token that will then start earning you daily income. You are missing out on a lot of free money for not doing the swap, so make sure you go get your COS tokens as soon as possible for that daily passive dividend income.

[BestAltcoinHunter]

I have never used this exchange since a long time ago. Because there are no tokens that I have to trade there. This exchange was good and I often used it, but as time went by it seemed like not many people knew it.

Yes marketing could be improved. Seems like the new team and the new management are working hard on this.

[SquallLeonhart]

I have never used this exchange since a long time ago. Because there are no tokens that I have to trade there. This exchange was good and I often used it, but as time went by it seemed like not many people knew it.

Yes marketing could be improved. Seems like the new team and the new management are working hard on this.

They are trying, but still being surprised by list of competitors that we have now, I think coss really needs to do other thing that this exchange that virtually all projects being released into the market are going into now. I know that exchange business is really profitable, but what is the essence of establishing it when you cannot get the volume because of the well-recognized exchanges that people are used to already, so I am not sure that with their exchanges project, coss would be able to do anything much.

When coss was first launched, the reason why I bought the coin was because I could see a different concept then in them that is different from other people’s own, but they could not follow it through and to me, it is already ate because we have more projects now also with more advanced technology.

[BestAltcoinHunter]

I have never used this exchange since a long time ago. Because there are no tokens that I have to trade there. This exchange was good and I often used it, but as time went by it seemed like not many people knew it.

Yes marketing could be improved. Seems like the new team and the new management are working hard on this.

They are trying, but still being surprised by list of competitors that we have now, I think coss really needs to do other thing that this exchange that virtually all projects being released into the market are going into now. I know that exchange business is really profitable, but what is the essence of establishing it when you cannot get the volume because of the well-recognized exchanges that people are used to already, so I am not sure that with their exchanges project, coss would be able to do anything much.

When coss was first launched, the reason why I bought the coin was because I could see a different concept then in them that is different from other people’s own, but they could not follow it through and to me, it is already ate because we have more projects now also with more advanced technology.

All things go through their ups and downs. COSS faced a lot of issues due to lack of funding but they have significantly turned around. Just look at the very positive medium update today and you will see why COSS and the COS token will be at new heights in the years to come!

Latest medium update: https://medium.com/coss-official/update-07th-august-2019-c453a8649ba7

[BlockChainGuy101]

All things go through their ups and downs. COSS faced a lot of issues due to lack of funding but they have significantly turned around. Just look at the very positive medium update today and you will see why COSS and the COS token will be at new heights in the years to come!

Latest medium update: https://medium.com/coss-official/update-07th-august-2019-c453a8649ba7

Wow that was an amazing medium update. Good things coming for COSS exchange. It is truly starting to feel like they will become a one stop solution for crypto users! Probably the last time we will see such cheap COS tokens.

[BestAltcoinHunter]

All things go through their ups and downs. COSS faced a lot of issues due to lack of funding but they have significantly turned around. Just look at the very positive medium update today and you will see why COSS and the COS token will be at new heights in the years to come!

Latest medium update: https://medium.com/coss-official/update-07th-august-2019-c453a8649ba7

Wow that was an amazing medium update. Good things coming for COSS exchange. It is truly starting to feel like they will become a one stop solution for crypto users! Probably the last time we will see such cheap COS tokens.

COSS exchange is about to launch a new FIAT gateway that will be one of the fastest and cheapest ways to convert FIAT to CRYPTO!

[Shallow]

If I compare the different years that is 2018 and 2019 in which I traded on Coss, then I will say there have a good improvement. The year 2018 when I tried trading a coin, it took time to drop in that wallet for reasons unknown which made me kept my distance. But yet again, this year i tried again and the experience was good, both deposit and withdrawal; so yes, in my own opinion there have been a considerable improvement which will make them relevant once more.

[jerrison]

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.

Firstly, I do not consider that daily payment a sustainable idea. It may be for a period of time and that may just be an incentive to attract investors and also traders who will for see the degree of payment to be made considering the bag of tokens they may want to purchase but then on a second consideration, how many tokens holders can be paid and for what period of time and where is the revenue to be generated from.

[BestAltcoinHunter]

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.

Firstly, I do not consider that daily payment a sustainable idea. It may be for a period of time and that may just be an incentive to attract investors and also traders who will for see the degree of payment to be made considering the bag of tokens they may want to purchase but then on a second consideration, how many tokens holders can be paid and for what period of time and where is the revenue to be generated from.

The revenue comes directly from the fees that they earn on the exchange. 50% goes to the exchange and 50% goes to all token holders (divided equally based on how many tokens you hold). So it is very sustainable long term as they have already been running these dividends for the past 2 years.

[BlockChainGuy101]

Yearly ROI almost at 8% now with dividends paid out daily. Pretty good point to look into COS if you haven't done so already. Exchange has improved tremendously over the last month with most trading pairs now being liquid enough to allow for most traders to trade here.

[Cheesus]

Once I used this exchange, even I have a couple of dollars there since 2018, but I did not log in even once this year! Coss looked good to me but later I lost my course because of its token listing system. Most of the token it has is new or not that good. That's why Coss lost its reputation and popularity, once Coss token had great volume, but now, it's too low!

[adjed]

I still have a pending case with COSS exchange, I made a deposit and the deposit never showed in my COSS account,. This was in 2018 and when I wrote to support, after taking a very long time to respond, they still didn't resolve the issue up till today, I would rather throw a token away than trade it in COSS exchange, that's how much I dislike it.

[bitgolden]

I still have a pending case with COSS exchange, I made a deposit and the deposit never showed in my COSS account,. This was in 2018 and when I wrote to support, after taking a very long time to respond, they still didn't resolve the issue up till today, I would rather throw a token away than trade it in COSS exchange, that's how much I dislike it.

Lol, I have some of their coin anyway and I am waiting for bull run to terminate my deal with them also, because I don't see coss as a serious exchange because they are not new, they have been in existence and majority of those other exchanges that have come after them are doing perfectly well, but I think that their team is actually too weak to drive this project somewhere, they don’t want to move forward and get some real volume on their exchange and without that, there is no way that their token can grow naturally.

I am just waiting for the opportunity of bull run to bring out my investment which it is still painful right now, that I actually invested so much in this childish project that I believed in so much. I wish that it was even possible that I change my coin to bitcoin.

[studio1one]

They were good on paper at first but lately, the price has fallen a lot. I still do hold some COS but not like I used to before. I haven't even checked my dividend allocation in a long long time.

[BlockChainGuy101]

I still have a pending case with COSS exchange, I made a deposit and the deposit never showed in my COSS account,. This was in 2018 and when I wrote to support, after taking a very long time to respond, they still didn't resolve the issue up till today, I would rather throw a token away than trade it in COSS exchange, that's how much I dislike it.

Lol, I have some of their coin anyway and I am waiting for bull run to terminate my deal with them also, because I don't see coss as a serious exchange because they are not new, they have been in existence and majority of those other exchanges that have come after them are doing perfectly well, but I think that their team is actually too weak to drive this project somewhere, they don’t want to move forward and get some real volume on their exchange and without that, there is no way that their token can grow naturally.

I am just waiting for the opportunity of bull run to bring out my investment which it is still painful right now, that I actually invested so much in this childish project that I believed in so much. I wish that it was even possible that I change my coin to bitcoin.

They have a new much better team now. They've improved the exchange by leaps and bounds and is a top 50 exchange by liquidity on Coinmarket caps new ranking system. Shows you how many other fake exchanges were out there and that COSS is actually a good one.

[BlockChainGuy101]

I still have a pending case with COSS exchange, I made a deposit and the deposit never showed in my COSS account,. This was in 2018 and when I wrote to support, after taking a very long time to respond, they still didn't resolve the issue up till today, I would rather throw a token away than trade it in COSS exchange, that's how much I dislike it.

Contact the new team they are much better at responding and fixing issues. You can directly message @Satyarth on telegram and he will get back to you asap

[mdzahed134]

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.

Coss is very little exchange and i think it’s not a good liquidity platform. How you comparing it with BNB and KCS token. Coss is one kind of lending ecosystem i don’t think. It’s exchange is very lower volume though it’s not real and this exchange is survived with depend on the two coin specially BTC and ETH otherwise there are no good volume in any single coin. But 200+ coins already listed here and nothing volume.