Things Looking Up For COSScoin
Next week is a huge week for COSScoin. The exchange launches its CFT coin which is the exchanges version of Binance's BNB OR kUCOINS KCS. This is great news for the exchange because normal COSS holders can use the coins for cheap trading fees, voting rights and airdrops. This works even more for the user because as the CFT is used for lower fee's the user ends up getting more in the weekly fee split allocation so it is a win win in the user's eyes.
COSScoin is currently at 7 cent. A steal in my eyes. It peaked at €3 a coin in December 2017. The team in Singapore have been working quietly in the background to upgrade the exchange. They are working on an exchange (COSS 2.0) which will be more powerful than Binance's current exchange. Even today their exchange is a world away from what it was last year and it makes me want to trade on it.
So what sets COSS out from the rest. Each week the exchange gives 50% of their fee's back to the COSScoin holders in the form of the crypto currencies traded. So over the past year I have been receiving all kinds of crypto into my FSA wallet. I then can convert to ETH or keep that coin. So when a new coin hits volume on the exchange I receive a portion every week. A good past example was when ENJ hit the exchange. The Samsung rumours made it rocket and volume was high so I started receiving a nice amount of Enjin coin weekly into my Fee Split Wallet on COSS.
The advantage of this is there are some shitcoins I am holding from the FSA that I never heard of but to me they are free. Some of them may moon soon which means I make a nice profit for nothing. What exchange gives you this I ask. Kucoin is the closest rival but Their fee split is not 50%.
With API now up and running and volume hitting 11 million on the exchange recently, I am very optimistic about the future. COSS also publish bi- weekly updates on medium also. The boss man Rune is on telegram frequently answering any queries that may come up so there is a transparancy there not on other exchanges.
In my opinion this coin is a steal right now and I will see it making strides in the coming weeks.
Disclaimer.
This is not financial advice.
Just please, do not sell it, when hit the one bucks, okay? Remember the kcs? Never sell the dividens coins. Never :)
haha. Once bitten twice shy my friend and now that BNB is 80 quid I am definitely holding.
Okay, then seel the 50% of bnb, buy coss, and hold that. Bnb is good in long term, but coss also good, due to the fee split.
Or get bigger portion of coss, and then with the fee-split, you can buy week by week bnb.
Endless possibilities :) Not advices, possibilities :D
The FOMO is strong in me. I may do this
Posted using Partiko iOS
You mentioned this a while ago and I need to get my hands on some somehow. I like the way you get coins free for just holding their coin. I can't see any reason for not holding bucket loads of this. Will chat on discord.
Yeah it is a hidden diamond alright and over the last year they have got most coins on their. Except bloody steem. Imagine if it was on COSS and I could transfer every week
It's ironic how these exchange coins are actually the ones that are most like stocks with revenue streams and thus able to be calculated a fundamental value using the very same methods as stocks.
Exactly. I am lucky enough to be holding BNB. Now its 80 quid a share. It is still the most underrated coin out there
Howdy sir blanchy! well this looks like a no-brainer! I like free stuff. how do I get those coins? do you have to own some COSS coins before you get the free ones? what's the link to the exchange?
Www.coss.io yes @janton you need to be holding their coins to get a percentage of the feesplit. It’s a great idea. Imagine if binance gave you a percentage of their fees every week. You would be a millionaire off 0.001%. COSS will get their . It’s my biggest bag I’m holding. It’s great because every week I get lots of free currency .
well that's insane sir blanchy. why isn't everyone doing this? they take rednecks? Is the registering process a big hassle like all the others where they want every piece of information about you including blood samples?
This are a fairly regulatory exchange but you don't need anything to buy and sell or hold I dont think . I have a referral below if you would like to check it out. Heres the link.
https://coss.io/c/reg?r=0LYFUE9F92
And to answer your question! Noone is using it because noone knows about it yet!!
oh you're brilliant sir blanchy! why doesn't everyone know that? lol.
I think the likes of bitcoin and eth are past investment time. The barn door is closed and the horse has bolted. I specialise in the 1 cent - 10 cent bracket. If they 100x you are a millionaire. Well I know you already are but I know you are hungry for more 😜. These ones are the real gems. COSS is 7 cent right now which is around 10 cent in your money
Does Coss take dollars now? I mean how do I buy them if they don't? They don't take credit cards right?
haha! not a millionaire yet(would have been but was forced out of real estate business early because of Mrs. J's stress levels) but crypto could be a big player in that attainment.
well sir blanchy I don't know what this means "fairly regulatory exchange" but I'll go look. It's been a real hassle since credit card companies stopped us from using them for buying crypto. Finally set up a debit card with Coinbase.
yeah coinbase is good but fees are expensive. COSS will be fiat trading in dollars soon. Fair regulatory means you can't be someone from the wild west. They will ask you for proof of identity
ok, thanks. I'll look at them today.
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