COSS Platform to Expand Beyond Bitcoin and Ethereum Pairs

The COSS platform has taken one step closer to becoming a multifunctional crypto gateway, with this month's latest roadmap release is expected to mark the start of first cross-border fiat to crypto pairing with the support of USD, EUR, and SGD currencies.

Crypto One Stop Solution, otherwise known as COSS, aims to become the Swiss army knife of the crypto marketplace.

For now, the main function of COSS is operating as a centralized profit sharing exchange and payment gateway.

Currently, COSS is the 134 largest exchange, boasting $1.1 million in daily volume and operating under a profit-sharing model in which users receive 50% of their exchange fees in payouts.

Unlike Kucoin, COSS' payout is handled by a Decentralized Automated Organization in which payouts are locked at a rate of 50% and will remain constantly fixed even as the platform grows.

In addition to their exchange, COSS provides an online payment gateway allowing websites and digital merchants to accept cryptocurrencies, as well as a Point of Sale solution that allows over the counter transactions through iOS and Android devices, enabling a hassle-free crypto payment experience.

While the growth of the COSS project appears to have stagnated since release, this can be largely attributed to the team's lack of social media presence and beta software engine.

The platform's exchange is still undergoing major UI and functionality updates, and as such COSS does not wish to allocate any other budget to a marketing team when such funds could be better used elsewhere.

Once KYC functionality comes online, COSS will be one of the only platforms providing a fiat based exchange in both USD and EUR, presenting a unique opportunity to prospective investors that is sure to bring an increase in trading volume.

With planned expansions into Mastercard enabled cryptocurrency payment solutions and international remittance, the COSS platform positions itself in an excellent foothold to expand as a cross-border multi-solution provider.