COSS DEX listing Enjin Coin ENJ

Satyarth
COSS Updates & Announcements
3 min readJul 20, 2020

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Hello, everyone.

We are expanding our list of supported assets on COSS DEX by adding support for Enjin Coin ENJ.

ENJ is now available on the ENJ_USDT pair on https://dex.coss.io/trade/ENJ_USDT.

Enjin

Enjin offers an ecosystem of integrated products that make it easy for everyone to develop, trade, monetise, and market with blockchain.

Since its founding in 2009, Enjin has been deeply involved with the gaming industry. The same year, the company launched a gaming community platform called the Enjin Network and has grown it to more than 20 million users over the course of a decade.

In 2017 following a successful ICO that raised $18.9 million, Enjin established itself as a leading blockchain ecosystem developer, building a suite of user-first blockchain products that enable anyone to easily manage, explore, distribute, and integrate blockchain assets.

Built on top of a robust on-chain infrastructure and comprised of the Enjin Platform, Marketplace, Wallet, Beam, and other tools and services, the Enjin ecosystem enables game industry businesses to increase revenue, gain a competitive edge, and innovate in previously impossible ways.

Forged in gaming, Enjin’s tools and services can also be used by companies of all sizes and industries seeking to create blockchain products or utilise tokenised digital assets as part of their acquisition, retention, engagement, and monetisation strategies.

The Enjin ecosystem is fuelled by Enjin Coin (ENJ), an Ethereum-based cryptocurrency used to directly back the value of Enjin-powered blockchain assets.

COSS DEX

COSS DEX is a spot trading platform which provides cross-chain trading, deep liquidity, fast trade execution and settlement, and enables trading for our own COS token. 50% of trading fees generated on the COSS DEX is shared with COS token holders as part of their Fee Split Allocation (FSA) entitlement.

The platform is not limited to ERC20 tokens such as wrapped-BTC as with most commonly known DEXes — users are now able to trade BTC (core), LTC, BCH, XRP, and more right from their COSS DEX wallet.

COSS DEX operates on the ByteTrade blockchain and has a high speed matching engine supported by the protocol. The “Match-Chain” built on the ByteTrade layer-2 scaling structure provides stable and high- speed order matching services. This is different from any decentralised exchange you have heard of. Users enjoy an on-chain trading experiences as fast as 1 second, which is both fast and secure.

COSS DEX offers:

  • Liquidity — All assets and pairs listed on COSS DEX are supported by market makers who ensure available liquidity for quick order matching.
  • Cross-chain — Non Ethereum assets such as Bitcoin and Litecoin are available to trade from a single multi-coin wallet.
  • Security and ownership — Your private key, your wallet. Your COSS DEX multi-coin wallet is secured on the ByteTrade Open Network blockchain, and you remain in control of your account as long as you have access to your seed phrase or private keys.
  • Free transfers to other COSS DEX users — You can instantly transfer any asset supported on COSS DEX to any other COSS DEX user by simply sending to their username. The transfer is settled on the ByteTrade blockchain and there are no fees for wallet-to-wallet transfers.

We are making every effort to bring only the best digital assets to our users and expand our partnerships.

COSS Team

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