RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

COSS

COSS Exchange Review

Centralized

“COSS stands for Crypto One-Stop Solution. We are your one-stop shop for all things crypto: an exchange, an e-wallet which supports a broad variety of tokens, a platform for ICO launches and promotional trading campaigns, a fiat gateway, a market cap widget, and more.”
(Taken from https://coss.io/)

  • 24h Trading Volume

    247.156 BTC
  • Establish date

    2017
  • Headquater

    Singapore

COSS Exchange Review

  • COSS Withdraw

    BTC – 0.00023 BTC

    BCH – 0.006 BCH

    ETH – 0.008 ETH

    Full list of fees can be found here

  • COSS Fees Discount

    Lower fees for crypto to crypto transactions.

  • COSS Deposit fees

    Free
  • COSS Trading fees

    Crypto to crypto: 0.04% – 0.2%

    Fiat to crypto: 1%

  • Fiat Deposit

    USDEURSGD
  • Accepted Payment Method

    Crypto to Crypto, Crypto to FIAT
  • Native Token

    Yes
  • Margin Trading

    No

COSS Exchange Score Analysis

COSS, or Crypto One-Stop Solution, is an exchange which aims to become just what it says in the name, and provide its users with a place to buy crypto using several fiat currencies, trade it for other coins and in the future aims to offer more services.
The exchange launched in late 2017 after a successful ICO for their token, COSS, which today acts in a split-revenue model: 50% of the income from trading fees is distributed to COSS holders in accordance with the amount of COSS they hold on the exchange. This model is risky regulatory-wise: it might be considered a security by some regulatory bodies. Nevertheless, COSS appears to be working closely with regulators in Singapore – where it’s registered. They also have an office in Amsterdam.
Their fees are similar to the standards in the industry, not too competitive, and their site appears to be well designed – although a closer inspection reveals the development and the software architecture to be quite fragile, and the actual backend of the exchange alongside its trade-matching engine is of a mediocre quality, failing under heavy loads at times.
COSS does manage to attract significant volume, more than $10M daily these days, and offers trading in many high-cap coins which are sought after, and does not list esoteric and insignificant coins – and we applaud it for doing so, in order to attain legitimacy as a proper and trusted exchange.
To conclude, we believe COSS is a relatively safe place to trade on, with enough liquidity on many pairs – although not optimal. Their weakest points are the low-level of backend infrastructure and mediocre liquidity on some pairs.