As most of you would have noticed by now, Credit cards have been implemented for EUR and GBP on our exchange. Our team worked through the night to implement them and we are glad to see that trades are going through for some of those pairs.

Withdrawals are being worked on now; we expect it to be enabled in around a month or so.

Do note that if you have made a credit card deposit, withdrawals will go to the same card that you deposited with.

However, if you make an EUR/GBP withdrawal without having made any prior deposits, you will need to activate your credit card by linking it to your COSS account. Activation fee will be 1 EUR/GBP.(no need for activation if the card already has been used for regular deposit.)

Deposit:

Minimum deposit : 25 EUR/GBP Maximum deposit: 10,000 EUR/GBp

Deposit fee: 8% Withdrawal:

Minimum withdrawal: 50 EUR/GBP Maximum withdrawal 10,000 EUR/GBP

Withdrawal fee: 5 EUR/GBP

COSS has had zero transaction records with Visa/Mastercard, and these providers view crypto as a high-risk sector, which explains the initial 8% fee. However, once we have about four to six months of transaction history behind us with low charge-backs ratio, these fees can be renegotiated and revised. Maximum deposits and withdrawals will also be increased once we have a positive transaction history.

In addition, we are also exploring additional providers; that means more payment options for you in the future.

In other news, our colleagues over at Bittwatt are letting their users pay their electricity bills with cryptocurrency, which is a good example of a real world use case for cryptocurrency.

They already have partnerships with companies from Romania, Bulgaria, Hungary, Serbia & Macedonia. And they are working around the clock to extend their services as wide as possible. With the BWT token you don’t just make the whole process simpler but you also get a rebate of 10% from your bill value!

Since their current market is mostly in Europe we are happy to announce that we also will add BWT/EUR trading pair so all the users from Europe easily can load their COSS account with their credit cards and purchase BWT.

Visit the BITTWATT website for more info.

BITTWATT will also be one of the corporations that implement trading API from COSS so users can buy BWT direct from the BWT app.

Our current trading promos:

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