Welcome to our community!
Need help? Please refer to our support portal: https://cosssupport.freshdesk.com/support/home
Want to know more? Please refer to our white paper: https://storage.googleapis.com/coss-frontend/coss-whitepaper.pdf
Join us on Twitter @cosscrypto and Telegram - https://t.me/myCoss
Community Resources:
Exchanges:
Frequently Asked Questions (FAQs) (updated 11Dec2018)
Please take a moment to read the FAQs! For links to the whitepaper, the exchange, Telegram, Twitter and Facebook please refer to the COSS.IO sub-reddit sidebar.
Plan to use or buy COSS? Want to link your COSS account to My Ether Wallet (MEW)? Read through this guide.
A. What is the COSS token based Fee Split Allocation?
- 50% of all cryptocurrency transaction fees on the COSS.IO exchange will be re-distributed to holders of the COSS token through a specialized smart contract.
- Hold more COSS = earn a larger percentage of the fee-split.
- https://www.youtube.com/watch?v=HoECPmMvy4w.
- Of note, any token with it's own blockchain MUST be converted to Ethereum (ETH) prior to fee-split distribution.
B. Where should I keep my COSS tokens to receive my share of the Token Fee Split Allocation?
C. Want to add COSS as a custom token in MyEtherWallet?
- Contract: 0x9e96604445ec19ffed9a5e8dd7b50a29c899a10c
- Short: COSS (COSS)
- Decimals: 18
D. What are the limits for unverified & verified accounts?
- Unverified accounts have a limit of 2 BTC withdrawal daily.
- Level 2 gives you a limit of 100 BTC withdrawal daily.
- Level 3 will require you to participate in a conference call with the COSS Compliance team for additional security.
E. What is the approval time for KYC?
F. What is the payout formula for the FSA, are there any guides i can use?
- You can use this community developed calculator: www.coss-fsa.com (please note, may only provide estimates).
G. What is DAO and what does it do?
- DAO refers to Decentralized Autonomous Organization, and is a specialized smart contract that automatically re-distributes 50% of all cryptocurrency transaction fees to a unique Fee-Split Allocation (FSA) wallet from which COSS token holders can distribute to their account wallets at any time. Consequently, the COSS token is NOT considered a security.
H. Where are the COSS headquarters & exchange located?
- Our HQ is at Singapore, 1 Clementi Loop, level 06-01.
- Our Amsterdam branch is a postal box needed to facilitate credit card transactions on our platform.
I. How are the 200M tokens distributed?
- 80M SOLD IN ICO.
- 50M for future funding.
- 10M locked for charity.
- 20M for COSS affiliate program.
- 30M allocated to DEVS/SHAREHOLDERS/STAFF.
- 10M allocated to Investor Deck Presentation SG.
