What problem does this service solve?

COSS lets users trade a variety of cryptocurrency pairs.BitFinex is a bitcoin to fiat and margin trading exchange.

Token Stats

Company Description

COSS is a cryptocurrency exchange that aims to be a comprehensive platform for managing digital assets. COSS is short for Crypto One-Stop Solution. COSS token holders will receive a share of the revenues that are generated from fees. The exchange also issued the CFT token, which provides holders a 25% discount on trading fees.

BitFinex is a bitcoin to fiat exchange, a margin trading exchange, and a liquidity provider. The platform offers a number of features that expand the financial positions you can take - for example the ability to short Bitcoin via margin trading.
The exchange also offers a set of other cryptos apart from bitcoin such as Litecoin and Ethereum.
Deposits and withdrawals take place via the standard bank transfer means with fees of 0.1% and a minimum of $20. Bitcoin and Litecoin are free.
BitFinex takes security seriously and have moved from a hot wallet cold wallet set up to segregating customer funds where each user has access to their own wallet which they can review on the blockchain.
Bitfinex was hacked on 03 August 2016 and around 120,000 BTC were stolen.
Fee of 0.1% for most trades

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