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10 Points that make COSS stand out

Jul 21, 2017 Posted /  2281 Views

10 Points that make COSS stand out

10 Points that make COSS stand out:

COSS or Crypto-One-Stop-Solution represents a platform, which encompasses all features of a digital economic system based on crypto currency. The COSS system consists of a payment gateway / POS, an exchange, a merchant list, market cap rankings, a marketplace, an e-wallet, various coin facilities and a mobile platform. The COSS platform unifies all the main aspects of traditional monetary transactions and offers multiple cryptocurrency-related services in one place. The list of potential features of the platform can be infinitely extended and will continue growing as the platform evolves.

Here are the 10 features that make COSS ICO stand out among the other ICOs:

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1. COSS Ecolife:

At COSS, they have designed the concept of an Eco-Life, a borderless digital economic system suitable for cryptocurrency users. The Eco-Life is aimed at eliminating the challenges faced by the online payment industry.

2. Security is the highest priority of the platform:

The main priority of the COSS team is the Security of the system, ensuring the COSS users from any unwanted and fraudulent activities on their accounts by means of the advanced two-factor authentication and the end-to-end encryption processes.

3. Secure wallets in the COSS platform:

Users can view all their balances in crypto and FIAT currencies through the wallet in the COSS platform. They can also choose to withdraw or to deposit funds. The currency exchange balances, which cannot be withdrawn are placed to the Exchange orders and are also displayed here. There are three wallets in the COSS platform - hot wallet, warm wallet, and cold wallet.

4. KYC or AML systems incorporated into the platform:

The account status of the users in the platform can be upgraded by completing the KYC levels. Each KYC level comes with different limits and requirements. Via the KYC mechanism, COSS verifies users before allowing them to access their accounts on the platform.

5. Highly efficient payment gateway:

COSS platform offers a Payment gateway / POS, which can be used as a merchant tool that helps merchants to integrate cryptocurrency payments into their web shops. And it also helps in the exchange of different cryptocurrencies.

6. COSS token:

The token of the platform is the Ethereum based COSS token. The COSS token is a revenue-generating cryptocurrency, that enables owners to receive revenues in the form of transaction fees charged by the COSS system for cryptocurrency transactions. Another important thing is the COSS token holders earn a stake in all other cryptocurrencies supported by the COSS platform.

7. Offers great transparency to the transactions:

All transactions done on the COSS platform are highly transparent, they are saved in the Ethereum blockchain. It can be verified by the users anytime and the saved transactions cannot be deleted from the blockchain by anyone.

8. The merchant platform:

The merchant platform on COSS aims to bring together the cryptocurrency-friendly businesses and the potential clients, facilitating the communication between them for the mutual benefit. In this way, the COSS platform performs the role of a middleman in the massive cryptocurrency adoption, helping customers to spend and to acquire their digital coins all in one place.

9. Multiple currency exchanges:

The COSS platform offers a multi-cryptocurrency exchange which offers a secure, safe and simple exchange of all leading cryptocurrencies in the market such as BTC, ETH, VRS, ARK, XEM, and lots more.

10. In the future, certain features of the platform will be governed by a DAO:

The future of COSS goes far beyond the existing structure and functionality, and certain features in the platform will be completely autonomous, decentralized, and run or managed as a DAO (Decentralized Autonomous Organization) in the future. The number of features that can be incorporated into the COSS platform is potentially infinite.

Applancer is an open platform for discussion on all things like Blockchain , Cryptocurrency and Ico news updates. As such, the opinions expressed in this article are the author's own and do not necessarily reflect the view of Applancer .

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