What inspired this Post:With the recent dropping of major coins from Binance (due to personal and financial reasons), many users are looking for a new place to call home for trading their favorite cryptocurrencies. Most users aim to find the best opportunities to trade and make money through their efforts, and with recent developments it may seem like those opportunities are diminishing. If you're just as bummed out about the Binance delisting as everyone else, don't be too let down. Binance is not your only option. One up and coming exchange, known as COSS.io, is willing to welcome all traders for the opportunity for a new home for Substratum. COSS was actually one of the first exchanges to welcome open trading when SUB launched, and has supported every airdrop that has occurred. Alongside these developments, COSS has given its investors the opportunity to earn A Fee Split Allocation (FSA) for every publicly traded coin on their site. So even if you can't decide on your favorite coin, you can earn a little bit of everything just by holding their very own exchange token. What is COSS? COSS is a Singaporean exchange hoping to become a One-Stop-Shop for cryptocurrency. They have been around since before Binance, and while not as immediately successful, they have been slowly but surely upping their game. They are aiming to be fully compliant with their governments regulations so as to not have to jump through hoops such as the case with Binance and other exchanges. COSS has been working throughout the bear market constantly upgrading their engine, creating new opportunities for traders and improving their API to allow for bots to successfully arbitrage between each other more efficiently. They have truly been on top of ensuring that they follow all the rules to remain relevant and legal for many years to come. Why use COSS over other exchanges? We encourage everyone to use whatever exchange they desire, competition is good and will push every company to strive to better their business for end-users like you. COSS hopes to offer a secure exchange that stays in line with regulatory bodies to ensure the safest experience for their users. COSS is aiming to become a top 10 exchange with all of their upcoming changes. Security will always be a top priority, as of right now COSS is undergoing an audit through Hacken (A white hacker group) to ensure that their exchange is secure for users and their funds. In a time where exchanges are dropping left and right due to hacks and lost funds, COSS is remaining vigilant and staying on top of things. Overall, COSS as a whole is aiming to be one of the best. Their biggest goal is to ensure you as a user and trader are happy with the results and are willing to meet your constantly changing demands as a customer. Features of COSS: 25% fee discount using CFT (COSS Fee Token) just like Binance Coin *Constant Coin Promos, including pool split based rewards **50% fee split rewards for COSS hodlers***USD, GPD, & EUR pairings available (Alongside JPY and SGD Fiat pairs in March)Credit card and bank wire options (Current CC fee is 8% until VISA reduces) Upcoming Changes: COSS 2.0 Final Release Major Marketing campaign (Including a 1,000 USD video award) Daily FSA Latest achievements: CCXT Certification Updated API, volume has gone from a measly 300k to over 6m consistently SPICE award for continued regulatory compliance Regarding FIAT and KYC: Currently, users are able to deposit and withdraw up to 2 BTC without KYC. The limit increases to a 100 BTC limit for those who do KYC. You do not need KYC to trade cryptocurrency, you will ONLY need KYC if you plan to trade with FIAT Extra info: .* CFT is currently under a public crowdsale until all are sold, then public trading will occur. CFT is also awarded in the FSA. Total amount will be 240,000,000 tokens and will include a monthly coinburn .** Top traders will earn a huge amount of the coin on promo, usually netting a cool few grand if the coin is successful .*** Future Promos will include the option to convert all dust into one coin depending on Promo Links and Other InfoCOSS Website: (Non-Referral link) https://www.coss.io/ Official COSS Subreddit: https://np.reddit.com/r/CossIO/ COSS Whitepaper: https://coss.io/documents/coss-whitepaper-v3.pdf Medium Posts: 1 - What is COSS 2.0: https://medium.com/@coss.io/coss-io-2-0-june-11th-2018-65bf2f0402f6 2 - Upcoming COSS 2.0 Features: https://medium.com/@coss.io/coss-io-september-12th-updates-75841f8a38af 3 - Latest COSS update, including video promo: https://medium.com/@coss.io/coss-io-update-february-13th-2019-26f0921105a3 I was not paid for this post, I am just a long time hodler hoping to provide more information for newcomers and traders.
Submitted February 18, 2019 at 01:15AM
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