COSS Exchange Review 2024

COSS Exchange recently moved from another crypto broker, it seemed to me that the conditions for trading here are more favorable. But I was wrong. After registration, the conditions immediately changed. Trade is unbearable. I plan to return back.

Such a trade in COSS Exchange. Applications are processed for a very long time. The funds are taking a long time. Often there are failures, such as a technical nature. But I began to suspect them of lying. I don't think I'll be here for long. I am currently looking for a broker.

The fact that the COSS exchange is not geared towards newbies doesn't make it a bad exchange. There are quite adequate rates for taking and withdrawal commissions, and you can withdraw money in different cryptocurrencies. Also, orders are executed in an average of 3 seconds. Such speed is not enough for scalping, but I am not a scalper, and 3 seconds have never brought me serious losses. I trade currencies that do not have that high volatility.

If you count the pros and cons of COSS Coin, the result is roughly equal, because every advantage is followed by a “but”. For example, on the exchange, you can replenish your account with fiat currency, but the commission is higher. If you want secure transactions, get a crypto wallet. There is income for keeping the COSS Coin token, but I can’t dare to call it a full-fledged source of passive income. And there are no other options for passive earnings on the COSS exchange. You can issue your own token through the COSS exchange, but you need to provide documents and pass verification. The withdrawal is stable, but payment processing takes time because the exchange conducts its own audit.

The COSS exchange is my first cryptocurrency exchange, before that, I traded only with brokers. After six months of working with COSS, I realized that 1:100 leverage is not that small. This is ideal because this is how the exchange protects traders from high losses. I also don't want to take risks with a profit: it is better to earn a little, but consistently rather than to live on nervous ticks from volatility. There are basic cryptocurrencies here, new tools appear from time to time, and occasionally I can try to work with them. Replenishment through cryptocurrency wallets at one time was my pain, because the card is more common, and through eps it is generally instant! But blockchain payments are safer.

So far, I have concluded that the COSS exchange is an ideal platform for those who want to both trade cryptocurrency and bring their own token to the market. Actually, in COSS Coin you can do both. For professionals, the leverage is too low and the orders are too few for beginners. This makes for zero useful materials, no demo account, and the support service here works only for clients. The COSS exchange commissions are lower than the market, and the number of instruments is gradually growing. Verification is mandatory for everyone, including those who came to trade and those who want to release their token onto the market. I consider this an indicator of reliability and recommend the COSS Coin crypto exchange to those who already have experience in working with cryptocurrency.

COSS stores money in a cold wallet, so I don’t worry about the blockchain system at all because transfers are protected. There is also a minus in this, it will not work to replenish the account instantly, so I keep my finger on the pulse and try to replenish the deposit ahead of time, if possible. Making an offer is without a commission, and I have never seen anything like this. The fees for taking are small, about 0.25%. Cryptocurrencies and 1:100 leverage are enough for me for now, we'll see further.