Move your COSS & LALA Token to COSS.io - Token Swap Ends on 18th October 2019

COSS Team
COSS Updates & Announcements
2 min readOct 10, 2019

--

Dear members of the COSS and LALA community,

This is the final announcement for all COSS and LALA token holders.

If you still have not swapped your COSS and LALA tokens for the new COS token, please do so before 18th October 2019, 6:00 PM GMT+8.

A glance:

Swap Ratio COSS to COS : 1 to 1

Swap Ratio LALA to COS : 10 to 1

The token swap was announced on 25th June, 2019 following the COSS and Arax merger.

Your new COS tokens will have the following utilities:

Fee Split Allocation (FSA) — all COS token holders receive a 50% split of the total trading fees COSS collects on a daily basis, based on their holdings.

Trading Fee Discounts — traders can pay trading fees on COSS.io using the COS token to get a discount on the usual trading fee.

COSS Wallet features, utilities, promotions and discounts — you will be able to utilise your COS and other balances on the COSS Wallet app to make GPS-based transfers, mobile credit top-ups, earn reward points and access a host of other features which are being built into it.

The new COS token combines the utility of what were previously two separate products with their own set of features into one super-token powering one ecosystem — the Crypto One Stop Solution ecosystem. We believe the COS token surpasses all existing exchange tokens in the market in terms of utility.

Please Note: The swap will take place only on COSS.io.

If you have COSS or LALA tokens on an external wallet or another exchange, you are required to transfer them into your COSS.io account wallet for the swap.

For more details on the complete swap process, please click here.

Please contact support@coss.io in case you face any issues.

--

--

COSS Team
COSS Updates & Announcements

COSS is a Singapore based cryptocurrency exchange trading both Crypto and Fiat pairs.