Review on COS by Fanuel PORPORTY
What is the COSS token?
The COSS token is a cryptocurrency with high potential. It is an income-generating currency, developed on the Ethereum blockchain (as an ERC223 token). This allows people who hold COSS to receive income each week, said income corresponding to part of the transaction costs generated on the coss exchange, as well as on the other elements of the COSS ecosystem.
In summary, if you have 1% of the COSS tokens in circulation, you will receive 1% of half of the transaction fees earned by the COSS exchange every week. The remuneration is dependent on the volumes of the platform. The more volumes increase, the more transactions, the more dividends you receive. In addition, it should be noted that it will always be 50% of the benefits of the coss ecosystem that will be donated to the token holders, unlike other platforms offering tokens similar to COSS.
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Pros
- A competent team that listens to the demands of the community,
- Very responsive support in the event of a problem
- The COSS company has placed respect for both national and international laws at the center of all its decisions, unlike a large number of its competitors, such as Binance who had to expatriate several times to continue its activities,
Cons
- This model can only become truly profitable for investors if trading volumes increase (and is therefore more profitable in bull markets),
- The COSS token, like all of its competitors, is not a title token, that is to say that its holders have no rights with regard to the decisions of the company.
