As much as we all love cryptocurrencies - they are not very user-friendly (yet.)
Let's say you want to invest in a certain altcoin - you first need to exchange your fiat currency for Bitcoin, and then go through several other steps and need different accounts on different platforms until you finally get what you want.
This process is not only time-consuming, but also complex and not very convenient.
That's where the new platform "COSS" comes in. Coss.io aims to be a simplified platform for all of your cryptocurrency needs, with many features that interact with each other seamlessly.
No more hassle, no more waiting - simply a convenient, easy-to-use application for cryptocurrency trading and usage.
What is Coss.io ?
Coss stands for Cryptocurrency-one-stop-solution. The Singapore-based team of Coss aims to combine features of an exchange platform, wallet, and merchant solution.
Right now, dealing with cryptocurrency is quite complicated and not very user-friendly. You have to buy Bitcoin with Fiat currency, then exchange those Bitcoins to any altcoin, eventually transfer your funds to another exchange platform because only they offer your desired currency, etc. etc. . It's a tiring process, and especially for cryptocurrency newbies, it's a long and complicated process.
Coss aims to "introduce simplicity to cryptocurrency", combining all of those features into one platform and enabling even users with very limited crypto knowledge to deposit and exchange funds.
"Redefining simplicity has been on our mind since day one, and we truly believe that COSS can make it a lot simpler for any average Joe out there to enter the world of cryptocurrencies and blockchain-related products and services."
COSS aims to take the usability of the cryptocurrencies to the next level: we all started as crypto-enthusiasts and waited long hours before a transaction, exchange, withdrawal, purchase (you name it) were completed. We switched between all of those websites with a limited functionality to accomplish such simple tasks as dropping some e-cash to your wallet. We got tired of filling in countless registration forms, which make the entire process of using cryptocurrency very cumbersome. We've had enough, and we designed a platform, on which every functionality associated with cryptocurrencies can be presented and can be accessed with a single account.
Coss.io Features
There are 6 key features that Coss.io offers:
- Merchant POS: Giving merchants the ability to accept cryptocurrency payments for their local store.
- Payment gateway: Online retailers can use coss.io to accept cryptocurrency payments on their website.
- Transparency: Coss.io is based on the Ethereum Blockchain. Due to the nature of Blockchain Technology, all transactions are saved transparently.
- Instant Conversion: Users can exchange between BTC, VRS, ETH and 3 major fiat currencies instantly.
- State-of-the-art-security: Coss offers the latest security measures, for example end-to-end encryption and 2-Factor Authentification.
- Integrated Cashflow: Funds can easily be transferred from the merchant platform to the exchange or to the wallets, without any other unnecessary steps or middlemen.
VEROS Token
VEROS is the native currency of the Coss platform. VEROS (VRS) is implemented as an Ethereum smart contract and manages the distribution, validation and value of ownership of the tokens.
Highest Rated ICO
Since the massive popularity gain of ICO's this year, a whole industry and a lot of new businesses have developed around the concept of ICOs.
One example is the company ICO Rating, which has specialized in reviewing and rating upcoming ICO projects. They were one of the first to take this chance and make a business out of the growing ICO market - and their business concept definitely makes sense because there are so many ICO's nowadays that you can hardly keep track of them all.
The company rates the ICO projects based on certain guidelines like the project idea, potential profits, project implementation and more.
When they reviewed COSS, ICO Rating gave them the evaluation mark "Stable+" - the highest of them all which no other ICO had received until now.
COSS ICO - How you can participate
Depending on when you read the post, the COSS ICO is either about to start or has just started.
The ICO (or Token Swap, as they like to call it) begins on August 8, 1:08 PM GMT. (7:08AM EST)
You can pre-register for the ICO on their website to be notified as soon as it begins.
Make sure to get your ERC20 compatible Wallet ready and then follow their instructions to buy your tokens!
The ICO ends on September 6 and the tokens will be released on September 20.
© Sirwinchester
I'll wait a bit before buying. Too soon to say if this will go anywhere. Remember how easy it is to start your own ICO guys. There are too many to buy everything and there are more very "good" ones coming.
True.. one should always do proper research before investing in an ico that sounds too got to be true.
Agree, having patience is key b/c the good ones are coming. Investors should be extremely selective outside of holding the main already proven cryptos. ICOs start-ups have high chance of failure. Extreme due diligence is needed.
Yes, especially with the massive amount of new ICOs starting every week..
I actually have a idea like this but i dont have resources to do it, happy to see my idea was a good one
Thanks for the post, didnt know about this.
Sorry to hear that, but at least now you know your idea was brilliant!
Maybe in some years i can develop my ideas
Plex coin will be the strongest ICOs coming up .it could be the next Bitcoin, It is the next decentralized worldwide cryptocurrency, based on the Ethereum structure. It’s pre sale will be one of the most important of the year They plan to make PlexCoin Visa cards, which connect to your Plex Wallet. Pre- sale has started. And read 61 pages white paper for more details https://www.plexcoin.com/?ref=XIhqoRGIJ4
I don't know, if you look into their ICO, it looks suspicious. Too much "marketing" language and not enough technical/practical details. Look on steemit and google about it to make your own opinion tho :)
Interesting, I hadn't heard about plexcoin before. thanks for sharing!
Sir ji, nice post...... Resteem
Thank you! appreciate it!
If it gets more brick and mortar stores to accept Bitcoin, then they're doing good work.
Luckily, crypto buzz and hype are now at such a fever pitch that companies like these can get noticed by ordinary people.
Good luck.
thanks sir
True. And yes I hope it will get more physical retail stores to accept cryptocurrency soon!
A big reason many stay away from crypto currency is because they just don't understand how everything works. Making things simpler will only get more people interested and involved. We all win when that happens.
Exactly!!
sir, resteemed
please help me
buen post, espero tu apoyo
We think alike!
My analysis nailed the recent Bitcoin Cash explosion! Please check out my other very profitable calls: https://steemit.com/@haejin
I'm just curious. This sounds like an crypto currency exchange want to take the role of banks. Isn't that defeat the whole purpose of having the crypto currency in the first place?
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Very very interesting . .
I think this will be big if they can get enough vendors on board, thanks for the info.
Cryptogee
Exactly! I'm not sure how many retailers they've partnered with yet, but it could potentially be a great opportunity for crypto growth in the future.
Just imagine, How we missed opportunities by not buying BTC with small amounts of money." ... we could play that game with pretty much any investment that went huge, like investing in apple stock when it first went public. Bitcoin is especially painful though.Moral of it: Invest in BTC. right now. don't delay! A month ago (or was it less than that?) it was at 2700 and I was about to start my BTC IRA.
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