A move that will certainly boost its userbase, Crypto-One-Stop-Solution (COSS.io) has announced two incentives – one involving zero-fee trading and the other regarding a lucky draw.
The multi-faceted Singapore-based cryptocurrency company has said that starting Monday (July 24), it will be offering zero-fee trading to all its users and this will last until August 31st 23:59 SG time (GMT +8). This move is definitely a huge one considering that some exchanges charge hefty amounts as trading fees and at a time when the price of Bitcoin and other cryptocurrencies are on the rise, trading will definitely be up and more and more investors will be jumping in.
Further, the company has also announced that registered accounts on COSS up and until August 31st 23:59 SG time (GMT +8) will be automatically participating in the COSS LUCKY DRAW wherein a random number generator will pick 10 winners from all registered COSS users awarding them with 2 ETH each. The draw takes place LIVE on COSS.io’s Facebook page. The winners will be announced on Friday, September 1, 2017, at 2 pm SG time.
The company is excited as in a couple of weeks they will be conducting a token sale to commence on August 8th. In short, the COSS token to be generated from the token sale is a revenue-generating cryptocurrency, developed on the Ethereum blockchain as an ERC20 token. The token enables owners to receive revenues in the form of fees charged by the COSS system for cryptocurrency transactions.
The core functionality of the COSS platform consists of the three major counterparts: a wallet, an exchange and a merchant platform supporting multiple crypto and fiat currencies.