COSS, a cryptocurrency exchange company, has announced this week that it will suspend all trading, deposits, and withdrawals and be put under maintenance for the next three to four weeks until all client funds are moved to a new wallet.

The new COSS platform will include: lower latency for automated trading, faster order matching engine, more advanced APIs, built-in liquidity solution, iOS/Android applications, and margin trading.

“During this time, we will be migrating all our users to a brand new platform. All open orders will be canceled, balances and accounts will be migrated, and your funds will be safe. There is no need to panic. Please do not believe in rumors or FUD spread by false messages and groups across any channel.”

– The COSS Team

The COSS Ethereum warm wallet funds will be moved from:

0xd1560b3984B7481CD9a8F40435a53C860187174d

to:

0x43F07efe28E092A0fE4ec5B5662022B461fFac80