Coss Token (COSS) Crypto Review: Exchange Tokens

Coss Token (COSS) Crypto Review: Exchange Tokens

Coss Token Crypto Review (COSS): Exchange tokens have proven to been profitable investments for many crypto investors who have invested early on in favorite exchange based tokens such as Binances
BNB token and Kucoins KCS shares. Coss is an up and coming exchange, and its token COSS has the potential to be a lucrative investment if it follows the same path as the above mentioned popular exchange coins.

This Month we have seen popular crypto exchanges such as Binance drastically reduce their referral program commissions from 50% to 20%. Around the same time, Kucoin to the surprise of many decided to eliminate their referral program; current members will no longer be able to refer new users to the exchange. The Coss exchange, and it’s token are well positioned to take advantage of crypto investors and promoters who may have lost trust in other favorite exchanges.

In our Coss crypto review, I will be covering key areas that I feel are important to consider when deciding on investing in a promising crypto project. The areas that I will be covering are the following:

* Introduction- What is Coss?
*The Team- Who are they?
*Marketing Strategy- Can they grow their user base?
*Investment analysis- Could this be a profitable investment?

Coss Token (COSS) Cryptocurrency Review: Introduction

So what exactly is Coss? Coss is the short name for Crypto-One-Stop-Solution. It is currently in Beta stage at the moment, but users can use the exchange although it is still a work in progress with many enhancements scheduled for the upcoming months. If the upgrades go well, it could drive more growth to the exchange.

Coss aims to be more than just an exchange platform they plan to offer other crypto related services such as E-wallet solutions, Payment gateway, market cap rankings, etc. For further technical information, please check out their white paper by clicking here.

The Coss exchange has a native token with the same name COSS, and it’s an ERC-20 based token so you can safely store it in your online wallets such as myetherwallet.

Crypto Investors who hold the COSS tokens will benefit primarily in two ways 50% of the revenue on the COSS exchange is shared with COSS token holders, and similarly, 50% of the income from the payment gateway will be shared with COSS token holders.

If the Coss exchange can reach similar volumes as it’s competitors, then I believe the token valuation will further increase in price as the exchange becomes more well known. Currently, the best place to purchase the tokens is on the Coss exchange itself.

At the time of writing this article, Coss has a current market cap valued at USD 67,226,634. It has a circulating supply of 62,787,554 COSS tokens and a total amount of 104,000,000 COSS tokens.

Tokens distribution
50%: IT Development, User Experience, Roadmap Completion
25%: Mergers and Acquisitions
10%: Marketing Plan
10%: Operations
5%: Shareholders, Board of Directors, Advisory Board

Coss Coin (COSS) Token Review: The Team

The Coss team is rather large and seems to be growing which is often a good sign that a crypto project is progressing. Below I have listed some of the team members, advisors, and partnerships.

Team:

Dan Cearnau: Team Leader and co-founder

Rune Evensen: Visionary and co-founder

Iulian Oprea: Technology Officer

Advisors:

Anson Zeall: Blockchain Industry & Community

John Bailon: Crypto Adoption Ecosystem Advisor

Mike Costache: Strategy / Investments

Partnerships:

SingaporeFintech.org
ARK
Civic
CardBlue
Access

Coss Token (COSS) Exchange Review: Marketing Strategy

This is an area that can likely be improved upon since marketing is essential for new exchanges. It would be nice if they could create more video content explaining the benefits of using their platform over other competitors.

The Coss team appears to be most active on social media sites such as Twitter and Reddit. They also can be found on the Bitcointalk forum where they have a massive thread.

Coss Coin (COSS) Crypto Review: Investment Analysis

 

Since the COSS token offers dividends, it will be an appealing token to hold for long-term investors. Its current token price is well below the recent all-time highs, I believe this could represent an excellent buying opportunity for crypto investors who wish to start accumulating COSS tokens while the cost is still cheap.

 

*As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.*

 

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Binance Coin (BNB) Crypto Review: The Traders Coin

Binance Coin (BNB) Crypto Review: The Traders Coin

Binance (BNB) is quickly becoming one of the most popular crypto exchange platforms, and BNB is the cryptocurrency that you can use on the Binance platform which offers traders discounts when holding the BNB coins on the Binance exchange. Binance is increasing in popularity due to listing sought-after cryptocurrencies such as IOTA and Raiden.

I will be reviewing BNB as a crypto investment and will cover four key areas that I look for before investing in crypto projects.

The four highlights of the Token review will include:

* BNB- Introduction
*The Team- Who is behind the coin?
*Marketing- Do they market the coin well?
* Investment Analysis- Is this a profitable investment?

Binance Coin (BNB) Crypto Review: Introduction

Binance is among the top cryptocurrency exchanges in the crypto world it has all of the main features investors like to see in an exchange such as support for trading pairs with all of the significant coins (BTC, ETH, LTC, NEO), multiple languages, multiple device platforms, simple user interface.However, Binance does not provide fiat (e.g., US dollars). Instead, they focus solely on crypto-to-crypto trading.

The Binance Platform issued its own ERC-20 token BNB that runs on the Ethereum network. BNB provides traders with a 0.50% discount on trading fees when using the exchange for the first year and offers substantial discounts yearly for a total period of four years. Binance uses 20% of its profits to buy back and destroy BNB tokens each quarter until a total of 100 million tokens are burned. Investors could see a rise in the token valuation as the token supply dwindles and becomes more scarce.

The Binance coin has a current market cap valued at USD 204,334,202 and a circulating supply of 99,014,000 BNB tokens with a total fixed supply of 199,013,968 tokens.

The best place to purchase and store BNB tokens is on the Binance exchange itself since it allows traders to receive 0.50% discount when trading cryptocurrency pairs such as Bitcoin to Ethereum, etc.

Binance Coin (BNB) Token Review: The Team

The CEO of Binance is Changpeng Zhao he has been active in the crypto space for many years he is also the founder of BijiTech and co-founder of OKCoin a famous Bitcoin Exchange. Other notable figures include the chief marketing officer Yi He, a top cryptocurrency advisor in China and also co-founder of the OKCoin exchange.

The team has a very close relationship with NEO the popular crypto blockchain, and users of the Binance exchange can withdraw NEO and Gas for free without having to pay any extra fees, unlike other crypto exchanges.

Binance Coin (BNB) Exchange Review: Marketing Strategy

The Binance exchange markets itself quite well, in turn, helping promote its token. Binance often holds contests for top traders of specific altcoins. Binance has a large following on social media sites such as Facebook and Twitter.

The token pretty much markets itself and appeals to investors and traders primarily because of the discounts it offers and the increasing scarcity of the token.

Binance Coin (BNB) Cryptocurrency Review: Investment Analysis

The Binance coin has a utility case, and it indeed provides the incentive for investors and traders to hold the coin. However, I believe it only stands to benefit frequent users of the Binance platform. Furthermore, due to the burn rate in each quarter, I think the tokens will increase in value but not as quickly as other crypto investments could. A good possible strategy to follow might be to hold a couple of tokens on the exchange to reduce your trading fees.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

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