Crypto-exchange platform COSS.io added support for 10 new trading pairs earlier today. They are an exchange platform known for being a one-stop solution for cryptos.
The trading pairs added were USD pairs with EOS [EOS], Bitcoin Cash [BCH], ZenCash [ZEN], Lisk [LSK], Ark [ARK], Waves [WAVES], Dash [DASH], OmiseGO [OMG], ICON [ICX], and NEM [XEM].
COSS stands for Crypto One-Stop Solution, and offers a multitude of features such as ICO launches, promotional trading campaigns and a market capitalization widget.
The platform also offers a cryptocurrency known as COSS. It is utilized in the COSS token-based fee split allocation, which rewards traders with weekly fractions of transaction fees for using the platform.
The trading pairs will provide investors with valuable trading opportunities to buy coins using USD. With the market taking the knife on Sunday, many investors are panicking over the contents of their portfolio. Many traders, however, are using the opportunity to buy more cryptocurrencies. With investors “buying the dip”, the listing of these altcoin-USD pairing may infuse some much needed movement in a sideways market.
EOS, this week, saw a plunge down to sub-$11 levels after the drop on Monday. It was previously trading at around $14, even coming close to the $15 mark. It is slowly recovering, however, as it saw a slow 6% growth over the past day.
Bitcoin Cash saw a huge plunge from its previous value of over $1100 down to the low $900s on Sunday. It has not recovered from this blow, continuing to move downwards after a slight rally on Tuesday through Wednesday. It is currently trading at $873 after a meager 3% growth over the past day.
OmiseGO bled red on Bloody Sunday as well, with a drop from the high $10s to $9.50. It demonstrated sideways movement while staying around the $9.50 mark, even spiking up to $10 on Tuesday. It is trading at $9.31 after a 2% growth.
User Chris Valence on Twitter said:
“Fantastic news! If you can get that minimum fiat deposit down, then this will be the only exchange that I use.”
User Gorry89 said:
“Why you have such annoying KYC? Just be decentralized already”
source: https://ambcrypto.com/eos-eos-bitcoin-cash-bch-more-usd-pairs-added-coss-io/