a few whales have panic sold, there is cheap COSS to be bought on HitBTC and ED.
it's over 0.000700 ETH on Coss.io
it's 0.0005500 on HitBTC... Be quick this flash crash wont last.
The moon mission is still on for COSS.
First dividends get paid out in the next 24 hours. if all goes well, regardless off size of payouts this will go up.
>First dividends get paid out in the next 24 hours. if all goes well, regardless off size of payouts this will go up.
Pretty much.
Payout scheduled for the following block! (Info from COSS.io dashboard):
>The first Token Based Fee Split Allocation distribution is scheduled for Sunday, 08.10.2017, at Ethereum block 4,347,200.
What is this payout?
What are we receiving?
I own COSS but have no idea lol
Thanks.
All users start with a standard trading fee of 0.2% and as trading volume increase, the fee gradually declines to as low as 0.04%. The COSS merchant platform operates on a 0.75% fee derived from each transaction. 50% of this revenue is shared with COSS token owners.
Thank you.
Do we get paid in COSS or BTC or all tokens being used on the exchange?
This is why the price just took a dump. People don't even know what they are buying. they think its a p'n'd and don't realize it has a working exchange, dividends etc.
if you want dividends, you need to be holding your coins in the coss.io exchange, or follow their instructions on how to set up an offline wallet.
all tokens
The exchange is garbage and its only being used for coss
you should read the goddamn white paper of every single coin you buy
They pay out in the same crypto as the fee that's paid. So if their exchange deals in say 80% COSS 10% ETH 10% BTC etc. you get those same fractions as dividend payouts in those specific cryptos.
Also in order to get paid dividends on COSS you hold, it either has to be held on the coss.io exchange, or in MyEtherWallet but requires configuration in MEW (google it if you have it in MEW and haven't configured for coss dividends)
Also COSS is going to be huge, people don't fully understand the potential of these dividends if this exchange increases their daily volume exponentially over time. When they implement the point-of-sale crypto payment with hundreds of merchants it's only going up that much more. Plus crypto Mastercard coming soon which will add value to COSS. They also have one of the best whitepapers/roadmaps I've ever seen. This coin can only go up.