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Pros

Multiple altcoins available for trading
Competitive trading fees at 0.20%
No major security breaches reported since inception

Cons

No fiat currency deposits accepted
Low liquidity on most trading pairs
Lack of regulatory oversight and support for margin trading

COSS broker Accounts

COSS Account Types

COSS Exchange offers a variety of account types catering to different trading needs. The primary account type is the Standard Account, which allows users to trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, and their own COSS coin. The trading fees for this account are competitive, with a maker fee of 0% and a taker fee of 0.25% at the first trading level. Additionally, COSS provides leverage of up to 1:300, which is beneficial for traders looking to maximize their trading potential. However, it's important to note that there are no demo accounts available for practice trading, which may be a drawback for beginners.

COSS Broker Account Opening Process

Opening an account with COSS is a straightforward process. Here are the steps to get started:

  • Visit the COSS Website: Go to the official COSS platform at coss.io.
  • Register for an Account: Click on the "Register" button and fill in your personal details, including your email address and password.
  • Verification: After registration, you will need to verify your email address. Follow the instructions sent to your email to complete this step.
  • KYC Verification: To comply with regulations, COSS requires users to undergo a KYC (Know Your Customer) verification process. You will need to provide identification documents and possibly proof of residence.
  • Fund Your Account: Once your account is verified, you can fund it using various cryptocurrencies. COSS does not accept fiat currency deposits at this time.
  • Start Trading: After funding your account, you can start trading on the COSS platform.
  • By following these steps, you can successfully open an account with COSS and begin your trading journey.

COSS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
COSS Account