Cryptocurrency exchange COSS: expert review and traders’ feedback
**”COSS” Cryptocurrency Exchange: Detailed Review and User Feedback**
The cryptocurrency exchange COSS (Crypto One-Stop Solution) was established in 2017 and registered in Singapore. With a smooth entry into the market, the service coss.io stands out with unique solutions for online stores looking to accept cryptocurrency payments. In a short period of time, the company entered the TOP-50 cryptocurrency exchanges in Asia. We offer you a full review of “COSS” and an evaluation of real customer feedback.
Creation History
The cryptocurrency exchange COSS was conceived by programmer Rune Evensen in 2016, developing the project while studying at the MIT Fintech course. Based on an analysis of the digital finance market, Evensen saw a niche for integrating cryptocurrencies into the shopping sphere. The project was presented in the course and, receiving approval from participants, the company COSS Pte Ltd was registered the following year.
On April 1 of the following year, COSS released a press release and launched an ICO. Six months later, the beta version of the platform was launched. Experts from various countries were brought in to create the service, detailed information about the team is available on the website coss.io.
Description of COSS
The exchange coss.io positions itself as the first service for integrating cryptocurrencies into the world of online shopping. The company provides payment solutions and fast conversion of digital assets into fiat. In addition, COSS supports trading in exchange assets.
The platform offers over 50 altcoins, as well as fiat currencies – the dollar and the euro. The average daily trading volume, according to CoinMarketCap, is $539,189 or 74.34574086 BTC.
The company’s headquarters are located in Singapore, with an additional office in Amsterdam. At the moment, “COSS” is a member of the Chamber of Commerce and Industry of Romania and a partner of the Singapore Cryptocurrency and Blockchain Association (ACCESS).
Features:
- access to altcoins, tokens, security tokens, fiat, and bitcoin,
- promotions and bonuses,
- cryptocurrency wallet for 50+ cryptocurrencies and all ERC-20 tokens (Ethereum),
- deposit and withdrawal in crypto and fiat,
- active ICO and IEO pre-sales,
- passive income for exchange token holders,
- zero deposit fees.
The commission, according to reviews, is approximately 0.20% of the transaction amount and is the same for all users.
coss.io Services:
- cryptocurrency exchange “COSS,” supporting six types of orders,
- multicurrency cryptocurrency wallet COSS Wallet,
- trading platform for payments.
Registration on coss.io
To start working, you need to go through the registration and identity verification process, as the platform operates under the supervision of financial regulators following KYC rules.
Registration must be completed with email address confirmation. Next, the client undergoes two-factor authentication through a mobile application for secure login.
Enter personal data: name, address, phone number, and date of birth. Restrictions – for individuals over 18 years old and without negative experiences with other platforms.
After successful authentication, you can make a deposit and start working.
Advantages and Disadvantages of COSS
Advantages:
- favorable conditions,
- reliability and officiality,
- user-friendly website,
- low fees,
- passive income from the exchange token,
- bonuses and lotteries,
- good technical support,
- multicurrency wallet,
- fast payouts.
Disadvantages:
- lack of margin trading,
- some performance issues with the terminal,
- lack of analytical tools.
COSS is a reliable and multifunctional assistant for crypto traders, offering a convenient interface and a range of innovative services. Register on coss.io and experience the advantages of the exchange!
Author: Tatiana Galchinskaya