Exchange status update

Change in Fee structure

De-listing notice and procedures

Exchanges and volume

Upcoming/ongoing promos

We have always been focused on improving the performance of our exchange, and since the last update we have been rolling out more tweaks to our back-end.

Stability across the various microservices has also been improved, and more monitoring and alerts have been built into the system, which will help detect any faults that happen within the exchange.

We are pleased that the investment in our development team at headquarters is starting to pay off!

To prepare for the on-boarding of institutional/corporate accounts, we have decided to change our trading fee structure and implement new maker/taker fees.

These fees are more applicable for higher volume accounts since our previous limits were very low. These changes should have a positive impact on FSA, which means better returns for all COSS token holders.

Here’s a look at our upcoming maker/taker fees. It is currently NOT implemented; this is just a preview:

Announcements will be made sometime before we push it live on the exchange.

The following tokens have been added to our de-listing shortlist. Trading volume will be assessed over the next few weeks to determine suitability for de-listing.

De-listing of any tokens will be announced ahead of the actual de-listing, and withdrawals will be open for some time even after a de-listing takes place.

It’s not an exaggeration to say that trading volumes are the lifeblood of a cryptocurrency exchange. Having a high trading volume obviously looks good not only on the rankings, but in our case, affects you directly because of our FSA.

Unfortunately, there have also been allegations over inflated trading volumes; exchanges giving false data over their actual trading volume, visitors( unique or otherwise) and the volume per visitor.

We wanted to share with you an article we found about cryptocurrency exchanges, and it just might change how you view the exchanges you trade on.

Check out our current on-going promos: