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Showing 20 of 59 results by BestAltcoinHunter
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Board Altcoin Discussion
Topic OP
COSS Exchange just launched FIAT Gateway with 0% Deposit Fees! Also for USA user
by
BestAltcoinHunter
on 09/09/2019, 16:21:20 UTC
https://medium.com/coss-official/trade-crypto-with-fiat-on-coss-with-low-fees-2388a1d380b7

https://i.redd.it/f4ktq5x5rjl31.png

Cryptocurrency and blockchain has clear benefits and real world use cases. Unfortunately, it can be difficult for the man in the street to make an entry in this space without having a bridge that can facilitate the exchange of fiat with crypto. Retail users require a fiat on-ramp platform to utilise the advantages offered by cryptocurrencies.

The problem lies in the fact that there aren’t many exchanges that offer these fiat on-ramp options, and the fees of those platforms that do offer these services are oftentimes exorbitant.

We are changing that today.

COSS cryptocurrency exchange has been relentlessly churning out developments for the benefit of its users. It has now become more inclusive of crypto traders by integrating Epay.com as its fiat service partner.

This move puts us in the league of a handful of crypto exchanges that support fiat deposits and withdrawals on their platform. Our vision is to expand the blockchain ecosystem by making crypto more accessible to the masses and explore additional avenues to drive growth.

We are extremely excited.

As a team, we are driven by a vision to make COSS a robust crypto ecosystem and are committed to increasing crypto adoption by bringing in innovative products and services. We believe this new integration will make COSS your most preferred exchange.

You should be excited too!

It is very simple to access fiat deposit and withdrawal on COSS. We begin with USD and EUR deposits and withdrawals today.

Sign up on COSS.io and complete your KYC
Sign up on Epay.com and complete your KYC
Load your Epay wallet with USD or EUR using your preferred method
Initiate a deposit into your COSS.io wallet from the exchange dashboard
Get trading!

It’s that simple.

We wanted to bring in more reasons for users to utilise this service offered by COSS. Guess what we did for that? We made this service more lucrative for the users by levying no fees on deposits of fiat currencies and very low fees on fiat withdrawals. COSS also offers a 0% maker fee to all traders.

You read that right. 0% deposit fees on COSS. For everyone!

We are also setting the withdrawal fees on COSS at a competitive 2%. Support for more fiat and cryptocurrencies will be enabled in the coming days.

Trading will open on the following pairs today:

- BTC_USD
- ETH_USD
- COS_USD
- BTC_EUR
- ETH_EUR
- COS_EUR

We will disable the old fiat providers on our exchange. All other fiat pairs will be disabled. If you have a balance in your GBP wallet, please contact [support@coss.io](mailto:support@coss.io).

Our mission is to bring together the various elements and services of the crypto world to one platform providing our users with ease of choosing. Our various products and services are designed with the aim of building a sustainable ecosystem that is centred on its users.

COSS adopts a unique approach to including the elements of decentralisation into its system through the Fee Split Allocation feature. The feature employs a smart contract to distribute 50% of all trading fees generated on COSS among COS token holders — every day.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 09/09/2019, 16:18:44 UTC
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.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 06/09/2019, 20:50:20 UTC
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!
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 07/08/2019, 20:42:32 UTC
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
Post
Topic
Board India
Re: What is your opinion on COSS exchange?
by
BestAltcoinHunter
on 06/08/2019, 14:24:44 UTC
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

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.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 06/08/2019, 14:23:50 UTC
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.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 06/08/2019, 14:23:14 UTC
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.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 01/08/2019, 16:43:32 UTC
Post
Topic
Board India
Topic OP
What is your opinion on COSS exchange?
by
BestAltcoinHunter
on 01/08/2019, 16:38:11 UTC
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
Post
Topic
Board Altcoin Discussion
Re: COSS Exchange launches negative fees and how you can make money from it!
by
BestAltcoinHunter
on 01/08/2019, 14:47:00 UTC
I got this same exact reply when I transferred some tokens to my Coss exchange wallet and the tokens never arrived in the wallet, this is a thinly veiled scam.they call an exchange, I would never trade there in my lifetime again.

What's the minimum amount to deposit your COSS token? IIRC there is a minimum which you need to follow in order to make sure the balance of the tokens are reflected on your account. I used COSS before and except for its higher fees than average exchange and the slow deposit/withdrawal, there is no further issue.

The fees are significantly reduced with the new market maker and negative fees program
Post
Topic
Board Altcoin Discussion
Re: COSS Exchange launches negative fees and how you can make money from it!
by
BestAltcoinHunter
on 01/08/2019, 14:45:00 UTC
This was the exchange bought by another blockchain project called Lala World right?

1. Earn daily income in the form of COS or ETH paid based on the profit the exchange makes daily (Imagine earning a portion of BNB's profits daily! COS has huge long term potential)
Is there a minimum number of tokens to hold inorder to qualify for this? Is KYC also needed here to withdraw those earned income from holding?


No minimum number of tokens needed and KYC is not required to withdraw anything less than 2 BTC per day. So unless you're buying like a million COSS or something you should be able to withdraw your daily earnings without any issue.
Post
Topic
Board Altcoin Discussion
Re: COSS Exchange launches negative fees and how you can make money from it!
by
BestAltcoinHunter
on 01/08/2019, 14:41:14 UTC
A word is enough for the wise, reading through the comments and it's easy to see that this exchange isn't trust worthy at all and all traders should stay away from it unless they want to lose their funds. A friend of mine experienced the same thing with COSS exchange. Lost about $490 worth of tokens there, deposit just didn't show.

No way this is true. Please send proof? Also COSS whenever it has run into issues has paid out of their own pockets to resolve them if the need arises. From using the exchange for over 2 years I haven't had any issues what so ever. If it wasn't for the constant fud spread about COSS it would be a top exchange today.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 30/07/2019, 14:53:06 UTC
Huge jump in volume on the exchange lately, shows the progress the new team is making. The exchange is launching their IEO platform very soon so lots of big upsides to COSS now.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 22/07/2019, 18:24:14 UTC
Yes so COS is very much like a dividend paying stock but not classified as a security. This is one of the reasons it will be a top 100 coin and go up more than 100x in the next year.

Yep this is why COS is so undervalued at the moment!
Post
Topic
Board Altcoin Discussion
Re: Where do you see the future of exchange going?
by
BestAltcoinHunter
on 18/07/2019, 18:40:59 UTC
I think centralized exchanges will continue to dominate. When people lose money they need someone to blame or someone to help them. If you lose your money on a DEX it's gone forever. I think the next Binance and BNB will be COSS exchange and their COS token. Don't miss out on this little gem!
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 18/07/2019, 18:18:19 UTC
COS token
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.


I dont understand what is the difference between DAO and security? In my book if the thingy pays out you part of their income , it is the purest definition of security and regulators in shorter or longer future will consider it as well.

On topic of this exchange, I have used it about year ago and the overall experience was positive.

It looks that their token has not large volume currently and as a speculative asset could be a good one especially if you are researched their management.

Difference is that you have to do something manually. For example to get your daily payout you need to go to the exchange and click the distribute function and then pay the transaction fee for the funds to move from the smart contract to your wallet. It is because of this manual work required that COSS is not classified as a security, whereas something like KucoinShares is a security.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 18/07/2019, 18:16:32 UTC
It is better to hold LALA token or switch to COSS token? What is your opinion?
LALA is good only for inmobile payments while COSS token gives you income from received trading fees. But is there something what I am missing?

You must switch to COS token by end of September. It is required. You have 3 months to change the token. COS token will start paying you income daily as soon as you swap so not sure why you are waiting. Go on COSS exchange and swap your LALA to COS and start getting your daily income.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 18/07/2019, 18:13:11 UTC
It is not a good crypto exchange, thanks to the low trading volume there s a big spread between buy and sell price, so everytime you buy or sell, you loose a lot of money.

This is a liquidity issue and should be differentiated from being a good exchange. The exchange itself is very good, has good security and in case of any issues personally refund the customer out of their pockets. So the new management team is trying to get liquidity to prevent the spread by introducing negative fees last week. This will make a huge difference and allow the exchange to finally get some much needed volume. With an increase in volume the payout will increase and this will help the COS token grow fast.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 18/07/2019, 15:08:22 UTC
The team has fixed a lot of the mistakes. And initially the team had very little capital to work with. The fact that they are alive after this bear market with a strong working product speaks to the legitimacy of the project. COS is gonna be big.

Yeah looks like the new team that took over has significant more capital and resources to work with in improving COSS.

Yeah and the new team is finally putting pressure on the smaller token companies to at the very minimum provide some order book liquidity by putting some of the tokens they have up for sale. Otherwise many of these small projects were just happy with getting a listing but would not even do the bare minimum of transferring over their tokens to provide liquidity. This is part of the reason we are seeing a big boost on volume. For the past week ROI has been climbing and we are sitting at a good solid 6% now. I expect the token price to jump once we start getting closer to an ROI of 10-20%.
Post
Topic
Board Altcoin Discussion
Re: What is your opinion on COSS Crypto Exchange and their daily income token COS?
by
BestAltcoinHunter
on 17/07/2019, 14:02:41 UTC
COSS exchange has terrible daily volume and that is why the daily income is so low. I do not know if the situation will be better with upcoming bull market but currently the daily income is not bringing a value to the token.

Actually it has improved quite a bit now all the way up to almost 7% ROI which is 7x more than Kucoin Shares right now.

Yep can confirm huge uptick on FSA and volume happening now because of negative fees. COS is all set for lift off in alt season. Whoever gets in at the bottom at around 3 cents is gonna benefit big time. COSS has a chance to blow up like BNB did based on the current progress.
Im not sure about that. Coss team has already made a big mistake when at the early stage of the exchange operation and so many people have a bad experience with this one. That will not happen until the team will try to hear all of complaints that have been made by the users.

The team has fixed a lot of the mistakes. And initially the team had very little capital to work with. The fact that they are alive after this bear market with a strong working product speaks to the legitimacy of the project. COS is gonna be big.