Crypto Trading has been a major source of income and talk for a lot of people. It is a profitable alternative for financial trading which involves buying and selling of shares, stocks or bonds. In Crypto Trading, we are able to trade Bitcoin, Etherium and Altcoins which is way different than the conventional Financial Trading. But before we can start trading we need to look for the best Crypto Trading exchanges and compare the prices.
Important Factors to Consider:
1. Coin Pairs Available
Many exchanges offer only a handful of coins-the most popular being Bitcoin and Ethereum. There are only a handful of exchanges that offer a wider variety of coins. A more diverse option of coins available is better as it gives you more choices of coins to purchase.
Liquidity refers to the ease of buying and selling in the market. A high liquidity means that there is a huge number of buyers and sellers; thus, leading to better price discovery. This also allows you to transact faster.
The level and type of security mechanisms employed by an exchange is vital in ensuring that your coins are safe. Examples of good security practices undertaken by exchanges include:
a) Keeping deposits in cold storage – this means that your coins are safely tucked away offline, beyond the reach of hackers
b) Availability of 2-factor authentication (2FA) option – this increases the security of your account
c) Email encryption and verification – for every transaction there will be an email sent to your account to confirm the transaction
4. Customer Support Quality
Having a responsive customer support would save you lots of time and eliminate anxiety epecially in a fast-paced environment. Issues on your verification process, deposit/withdrawals, funds reflection and trading orders should be solved quickly by the exchanges, or it could cost compromise you time, money and well-being.
5. Trading Fees
Low transaction fees on buying and selling would relatively prevent your margins to be eaten away, especially if you’re a constant trader. It is important to look at the fees of your exchange, to see if it’s relatively comparable to other exchanges.
6. Ease of Use
The user interface of the exchange should be easy to use and clean to avoid confusion. Having the necessary indicators at the tip of your fingers and the ease of navigating through the platform should make it easy for anyone to use the interface.
Why is COSS considered as best CRYPTO EXCHANGER?
Crypto-One-Stop-Solution or COSS aims to offer multiple cryptocurrency-related services in one site. The COSS platform brings together all the transactional aspects that are typically managed using regular money, and offer several cryptocurrency-related services in one place. It consists of a payment gateway, an exchange, a merchant list, market cap rankings, a marketplace, an e-wallet, various coin facilities, and a mobile platform.
COSS TOKEN is a revenue-generating crypto, developed in Ethereal Blockchain as Token ERC20, which enables the owner to receive revenue in the form of transaction costs imposed by the COSS system.
COSS token holders receive income into their wallets every week.
Total inventory: Token COSS 200,000,000 (Two Hundred Million Token COSS)
Exchange Rate: 1ETH = 600 Token COSS
Allocation COSS Tokens:
COSS TOKEN SWAP / SALE OF TOKEN COSS
Supply Maximum – 200,000,000 Token COSS
COSS Products And Services:
- Wallet: COSS’s wallet lets you store all your cryptocurrency funds in a single location safely.
- Exchange: COSS offers fast, secure, simple, and cheap exchanges of multiple cryptocurrencies and fiat currencies, including BTC/ETH/VRS and USD/EUR/SGD currencies.
- Merchant Platform: Manage all your finances from one place. Accepting payments with COSS can increase your business by giving you the ability to accept a diverse range of payments.
1. Instant Transactions:
- There’s no need to wait endless hours for deposits, trades, and withdrawals. COSS will display your deposits in real-time and they’ll appear on your instantly.
2. Multiple Crypto And Fiat Currency Markets:
- Trading and exchange between BTC, VS, ETH, USD, EUR, and SGD are all available. COSS is gathering the most tradable and popular crypto assets on its exchange and the market cap ranking list in return for a very attractive and competitive trading fee. Fast and easy coin-listing.
- Confirmations, hot/cold storage, advanced 2FA security, and other options are all available to secure your funds. Users can customize security options in their account settings.
- The COSS platform lets you receive support at every step of the way. You can contact the company’s customer service team with any concerns.
- All transactions performed over COSS are saved and verifiable on the Ethereum blockchain.
6. Merchant POS:
- Merchants – both online and offline – can accept cryptocurrencies at their store.
7. Instant Conversions:
- Exchange between currencies happens instantly, choosing to exchange instantly into fiat currencies for added stability, or riding the waves of the cryptocurrency markets.
COSS is still at its early stages but it already shows a lot of promises. We believe that it will become one of the top exchanges that we have ever come across. The advantage of COSS among all other exchanges is that it offers holders of the COSS token a SPLIT ALLOCATION of 50% of the fees collected from the COSS.io exchange and payment gateway on a weekly basis. If you invest in COSS then you will be able to enjoy getting dividends through their split allocation program. This will be great for investors and traders because you are able to get the ROI faster. And for ICO or upcoming crypto platforms, it will be a big advantage because COSS offers faster coin listing and competative trading rates.