inb4 pajeet scam coin response
Planning to hold for the FSA or cashing out as soon as it hits a certain price point?
inb4 pajeet scam coin response
Planning to hold for the FSA or cashing out as soon as it hits a certain price point?
this thing has no chance against the upcoming exchanges like NEX, Binance DEX, Nauticus, etc.
COSS has been around for too long and still has an amazingly low volume
but none of those give you a %50 split of the fees
getting a bigger fee split doesn't inspire anyone to make trades on the side
the only ones using this shit are the bagholders waiting for free money from others trading
bad exchange -> no volume -> no fees -> coss to 0
LOL. Volume is close to $6 million and rising.
Sir pls no bully
wow 6 million? that's almost like 2% of the top 10 exchanges amazing.
if it would have launched a few months ago but this shit has been around for too long and it's still not even in the top 50
additionally coss has like 8 coins traded with more than 100k volume.
compare that to binance which has over 200 coins with more trading volume.
you aren't even able to trade most of the coins on there since there are neither asks nor bids
I wouldn't call it a bad exchange anymore the recent update has it looking nice and running smooth. In the past week the volume has increased from 1-2 million daily to 5-6million and still holding.
Yes, as of right now. But don't you want to be on the ground floor if there's a big improvement and it gets to even a fraction of Binance volume?
give me a single reason to use this exchange right now.
the only positive thing is the dividend system
I'm pretty sure that like 99% of the coss holders don't even use this thing to trade
Nex is shit and so is nauticus wtf
that's not the point
I'm not saying that NEX and others are better but I'm sure that NEX will have a bigger volume than COSS when they start trading at day 1
still waiting for that reason why anyone should use COSS instead of one of the established exchanges
From what I gathered, COSS is trying to do everything "by the book". While that might not necessarily appeal to some people here, they're trying to establish an exchange that is secure enough to use for normies (Kind of like a coinbase of Singapore). Maybe someone else can chime in with specifics.
was that before or after they fixed the brute force 2fa bug?
talking about security these retards don't even know the basics
That's basically it. Binance and their ilk are attempting to carve up an ever smaller slice of the altcoin pie. Coss is attempting to build the "One Stop Solution" in crypto-friendly Singapore, which is far more laissez faire in the financial market than a lumbering titan like California-based Coinbase. Their 5 year plan is far more ambitious than just running a competent altcoin exchange, and they want to do it in a way that won't bring the SEC or other similar organizations down on them. Which is why so many of the other exchanges are fleeing to Malta now. (Another crypto-friendly tax haven.)
Not arguing that the way things have been handled by them has been pretty retarded. But things might be turning around and this might be a very good opportunity.
About the volume issue they can easily hit 10mill plus daily by aggressively listing unique coins, maybe this wont be a run a way success, but I see no reason why this cant hit 20mill or so with a token price of 40-50cents,
FSA for the first 3 years after the full roll out. Then probably cashing out during the next hysterical price increase.
Coss is going to 20$ by the end of 2020. It's gonna be huge and right now it cost so little it's like... Free money to make
Guys don't forget that COSS came out BEFORE Binance lol. Deluded Coss holders still clinging to their worthless bags hoping Coss is going to somehow be a 'coinbase of singapore' lmaooo. After a certain point you need to take a step back and really examine the situation...coss had a chance a long time ago but they failed.
it's all talk, they allow their customers to openly run market manipulations bots with the stated purpose of increasing volume and closing spreads, that is per definition market manipulation
No real arguments here i see
>No volume
It will grow
>No it won't
Why not
>because there's no volume
imagine being this literal level of dumbness
>they allow their customers to openly run market manipulations bots
You absolute fucking brainlet. Those are called arbitrage bots, and all exchanges with an API system have them such as Binance, Gemini, etc.
99% of cosstards are 3rd worlders
just buy coinmetro chap
no, their intended purpose was stated as increasing volume, not earning money
You can earn money in a way that generates volume. Infact on am exchange the only way to earn money would lead to generating volume
Are you seriously this dumb?
Coss is not doing shit by the book because they are allowing washtrading.
You're literally retarded. Of course you are, you are a coss investor. Rune is completely clueless and incompetent and so are all coos investors.
Their wash trading isn't even bringing volume actual user volume in kek. It's also quite hilarious that they only recently figured out how to wash trade to bring up their "volume." Cosstards love spouting delusion after delusion for over a year now. Hope nobody actually invests in coss, these threads are for pure entertainment purposes only kek.
Coss $4.20 EOY. EZ
>muh coss washtrading their own exchange to increase exchange volume
Which costs them 50% of the trading fees to conduct, unlike on other exchanges where they are basically incentivized to do it.
The sentiment about coss is changing.
I dont buy coins that just made X2 so i won't buy now but the R/R is quite interesting on this one.
Still, it's a 200+ shitcoin, be careful.
Scam
and somehow the fee structure ended up being like if you do wash trading and trade large volumes there is basically no fee. wow imagine that
lol how did u simply type shit into biz and literally hacked money out of my COSS account FSA ? ?
This is a shop? Or that site is garbage....
enjoy your wash trading non-existent volume lmao
Ffs when this shit will dump? I have a buy order at 39k
n fact, 12 of the top 25 exchanges on CoinMarketCap are estimated to be wash-trading 99% of their volume, according to the same report, which includes the image above.
>The total claimed trading volume among top 25 CoinMarketCap exchanges is $2.5 billion per day -- while actual trading volume is only $324 million per day, 87% less than the figure claimed by exchanges.
Most of the volume claims are bullshit
Yeah, well COSS is the one thats most likely to be wash trading because it attracts people with their transaction fee split SCAM COSS had no real volume, and it's only a matter of time before they have 2.5 billion FAKE volume all by themselves, because wash trading isn't real.
the price of my COSS that they've lost - 0
This. Coss is almost guaranteed to succeed with time. A true 200x return possibility here for smart Anons.
The bots provide liquidity is it really illegal? they also make a small profit.
COSS is 100x better now than last year
Coss was having a trading promo with reduced fees since the 1.2 upgrade. So i expected the volume to decline significantly because it ended like yesterday. Volume is still almost 6 mil per day.
>token is like 10x undervalued
>when will it dump
Read the ‘lol it’s a scam’ posts again and wonder why anons would waste their time posting about COSS if it was such a blatant scam. To save other anons? Come on. Think for a moment.