,
Ideally it is not a migration but actually an exit scam. Now the new COSS account says 鈥樷€橩YC is NOT mandatory for fiat and crypto deposits but KYC is mandatory for all fiat and crypto withdrawals.
Stay away.
,
I also requested my personal data (they have my passport copy etc) twice as is my right based on the terms of use, gdpr and pdpa, yet after over one month, I have not got any repply that my request was even being processed.
The list of bugs and issues in the past is long, including market selling all customer trades automatically by mistake, not being able to cancel orders, etc.
The company closed all support channels simultaneously, and email address mentioned in the terms of use for complience was inactive.
Now that the exchange has returned, users have to do KYC before withdrawing their funds (not compulsory before). Withdrawal still not possible.
Be very cautious.
Highly recommended to avoid this and to stick to more reputable exchanges.
If you are still curious, I recommend reading cases such as Arax failure, dilluting COS token with LALA token, i.e. increasing the total amount of the token, and coss announcements about mismanagement by previous team members, and audit problems without more detailed information what these are related to.
,
,
We use coss.io because in our opinion we find their customer support great and the exchange quick to load and easy to use.
Since coss.io has merged with lala world there are planned new improvements to the exchange such as a new website, fiat gateways; things are just going to improve on this platform (in our view).
Worth a look,if like us you are happy to have a gamble and invest in crypto.
,
,
,
,