What is COSS? COSS, both aim to be and stand for a Crypto One Stop Shop, And they truly aim to have all of the features from an exchange to vendor payments built into one ERC20 Token. A feature that stands out to be promising for investors and users alike is how the COSS exchange deals with fees.
I might be a bit biased but I really like COSS, I found their exchange very easy to use and nice to explore and I would be very happy to move my regular trading activities from Bittrex and Cryptopia to COSS if they started to see a larger volume of traders come through. All in all I really hope this project does grow and sees success as they clearly put hard work in where their users are concerned.
The exchange that COSS offer is incredibly sleek and easy to use, While the cosmetics of the exchange are very nice and well designed it’s hard to overlook the obvious problems that arises with small exchanges and that is the lack of volume. In this problem COSS have created a great incentive program that will bring users aboard, the model has recently been picked up by some of the larger exchanges. COSS ( along with every other exchange ) charge fees, What COSS do is distribute 50% of these fees to holders of COSS token.
This is as it sounds, A credit card for that will allow you to spend crypto. While this idea is great there is no working product that COSS have produced at time of writing but it is listed on their road map.
While the larger part of COSS is the exchange that they offer, as mentioned before, the volume is a large set back for traders to get involved and now with the larger exchanges offering a similar incentive program to COSS it is difficult to see COSS contend.
