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Aakash Tokas

SALT is now live in COSS Wallet

Salt is now live in COSS

Hello, everyone.

We are expanding our list of supported assets by incorporating one more token this week.

Today, we have integrated SALT Lending token SALT in the COSS Wallet app allowing users to store, send, receive, spend and exchange the cryptocurrency from one single wallet.

About SALT

SALT is the native token of SALT lending platform which makes access to Blockchain-Backed Loans possible. It stands for Secure Automated Lending Platform which is a Blockchain-based platform created to allow keeping your crypto as collateral when applying for a cash loan. This enables you to utilise the value of your Blockchain assets in case of an emergency without actually selling them off.

SALT Tokens are ERC20 based tokens which are used as membership tokens. A user utilises these tokens to become a member of the SALT lending platform. Additionally, he can also leverage these tokens to pay off loan interest, be benefitted by better rates on loans and buy products and services from SALT’s online store.

About COSS Wallet

COSS Wallet allows you to securely store, send/receive crypto via GPS using Near-by feature. It gives you complete control over your crypto and enables access to all your crypto private keys with one master password. We now support 33 cryptocurrencies, across 9 blockchains.

COSS Wallet offers various in-app services:

  • COSS Star Rating — Earn COSS Plus reward points on every next star rating you achieve.
  • Address Book feature — Save your wallet addresses just like you save your contacts in the phone.
  • Mobile bill payments & Recharges — Make prepaid mobile recharges and pay postpaid mobile bills using supported cryptocurrency across 160+ countries.
  • Instant cryptocurrency conversions — COSS Wallet allows you to convert your cryptocurrency instantly.
  • Send and Recieve crypto with an industry-first GPS-based “Near-By” feature — Now transfer cryptocurrencies instantly nearby without any hassle via GPS.

We are making every effort to bring the best services to our users and expand our partnerships.


Join the community at our various channels
 :

Team COSS

SNT is now live in COSS Wallet

Status is now live in COSS

Hello, everyone.

We are expanding our list of supported assets by incorporating one more token this week.

Today, we have integrated Status Network Token SNT in the COSS Wallet app allowing users to store, send, receive, spend and exchange the cryptocurrency from one single wallet.

About SNT

Status is an open-source messaging platform and mobile interface to interact with decentralized applications that run on the Ethereum Network. It was launched in 2017 aiming to overcome what have become common problems today, faced by users, like loss of control over personal data and over-reliance on existing centralised financial and banking systems.

Status Network Token SNT, is the native token of Status which is used to fuel the Status Network. Status aims to be a hub for any type of Ethereum-related activity — it can be managing investment portfolios, paying in physical stores or verifying identity. It plans to act as a service provider for all the 1800+ tokens on Ethereum blockchain.


About COSS Wallet

COSS Wallet (previously Arax) supported 12 cryptocurrencies across multiple blockchains at the time of launch. Staying true to our word, we have now successfully integrated 20 new assets over a short period of time. We now support 32 cryptocurrencies, across 9 blockchains.

COSS Wallet also offers various in-app services including mobile bill payments & recharges via cryptocurrencies. We also offer instant cryptocurrency conversions and a unique feature to send crypto with a industry-first GPS-based “Near-By” feature. It is a single storage app for multiple digital assets that gives each user true immutable ownership, and we are currently building to add several financial services to the product.

We are making every effort to bring the best services to our users and expand our partnerships.

Join the community at our various channels :

Telegram Announcement Channel: https://t.me/COSSchat

Telegram General Discussion group: https://t.me/myCOSS

Telegram API/Bot Discussion group: https://t.me/COSSAPI

Chinese Telegram General Discussion group: https://t.me/myCOSSchinese

DACH Telegram General Discussion group: https://t.me/myCOSSdach

COSS Info channel (Community managed): https://t.me/COSSinfo2

Facebook: https://www.facebook.com/COSScrypto/

Twitter : https://twitter.com/COSScrypto & https://twitter.com/COSSwallet

Reddit: https://www.reddit.com/r/CossIO/

YouTube: https://goo.gl/hd6tBg

Team COSS

IT’S TIME TO EARN SOME REWARDS! WITH THE ALL-NEW COSS (Previously Arax) WALLET

COSS WALLET star rating

Several nights of surviving on caffeine, multiple canceled vacation plans, having small treats of meeting tight deadlines, a few grumpy family members and a happy boss. The development team of Arax Crypto Wallet has finally taken a breath of relief after having gone through it all, with the rebranded and updated COSS Wallet finally making its way to the app stores.

All of us remember the big merger of LALA World and COSS.io that created the COSS Group — a larger Crypto One Stop Solution ecosystem. With a new name of the parent company, we decided to rename our beloved crypto wallet to make everything unanimous.

Our developments are not just limited to giving the Arax Wallet a new name but also extends to the addition of two new features in the wallet.

Note: For existing Arax Crypto Wallet user, you will see an update notification on your screens so you just need to simply update your App to enjoy the new features. For new users- first of all, welcome to the family secondly, click on the links below to download the COSS Wallet and leverage the benefits provided by it.

Google Play Store (v.1.1.4): http://bit.ly/cosswalletplaystore

Apple App Store(v.1.0.7): http://bit.ly/cosswalletappstore

 

What to expect from COSS Wallet.

  1. Address Book Feature

One of the innovative thinkers in our team came up with an idea which was purely born from the womb of his laziness. He thought, why to copy and paste the wallet address of people every time you want to transact cryptocurrencies. Instead, it’ll be a great idea to save them just like we save contacts on the phone. Voila! We have an address book feature in our wallet that allows you to do just that.

How to access it

Open COSS Wallet>Click on Account icon>Go to profile>Click on Address Book.

You will find a list of all your saved contacts divided into two categories, COSS and Non-COSS. To add a new contact,

Click on (+) icon> select COSS/Non-COSS user> enter the details>click on save.

It’s that simple!

2. COSS Star Rating

The Star Rating of the COSS Wallet users is a very significant feature as these ratings will determine your eligibility to avail various wallet services. The number of Stars assigned to you will reflect the level of completion of your profile.

Not just that, COSS Plus reward points are awarded to you for receiving every next star rating. These reward points can be redeemed to make mobile top-ups or can be exchanged for COS tokens (1 COSS Plus = 0.1 COS).

How to earn Star Rating

Receiving each star rating is very simple and rewarding. Here is all you need to do:

  • 1 Star Rating — Getting your first star is the easiest. All you need to do is successfully verify your email which is also the first step required to create your wallet. Easy points!
  • 2 Star Rating — When you receive the second star, you will be rewarded with 25 COSS Plus points and unlocks the mobile recharge services. All you need to do is create a COSS id and verify your mobile number.

COSS Wallet supports mobile recharges in 160+ countries and for 900+ operators allowing you to recharge mobiles of anyone, anywhere, and anytime.

  • 3 Star Rating — Things become a bit serious here. Just kidding, all you need to do for this star is complete your KYC process. Completion of this step will reward you with 50 COSS Plus points and will unlock the upcoming crypto lending and fiat to crypto services.

There are five simple steps to complete your KYC process.

  • Identity: Upload either your passport, national id or driving license. Make sure that your ID is not expired, the photo should be in color and clear with all the text and four corners of the Id visible.
  • Personal: Fill in your full name, date of birth, citizenship, and gender under this category.
  • Selfie: As the name suggests, upload your selfie clicked in good lighting conditions.
  • In-person: Here you need to upload a video with your face clearly visible. You need to speak your name thrice and the date of video recording. It shouldn’t be more than 10 seconds and 100MB in size.
  • Address: To verify your address, upload a picture of the front and back of either of the three documents- passport, national ID and driving license.
  • 4 Star Rating — After you receive your 4th star, you will be entitled to receive 100 COSS Plus points. This step is necessary to be an active participant of all the ongoing social media campaigns of COSS and earn rewards.
    For this, you need to link your social media accounts including Google, Facebook, Twitter, LinkedIn, and Telegram with your wallet account.
  • 5 Star Rating* — Coming soon
    COSS Wallet will be introduced with Biometric and Facial recognition in the near future which you will have to complete to get the 5th star. Also, you will be rewarded with assured COSS Plus points after the completion of this step as well.

What to expect in the future?

The entire team is working tirelessly to come up with rewarding marketing campaigns and new features. We will soon be integrating these reward systems and features across all COSS platforms.

Have a suggestion or found a bug?

If you have a suggestion for us or encountered any problem during your experience with COSS Wallet then please send us an email detailing your problem/suggestion along with screenshots (wherever applicable) at [email protected].

Disclaimer: These awards may be subjected to alterations based on the discretion of the company. The company holds all the rights to make any changes in the rewards allocation at any time it deems fit.

COSS 12th June 2019 Update

COSS LALA token swap

Dear members of the community, users and token holders –

This announcement will highlight two important things:

(i) Our brand and what we stand for

(ii) Much anticipated details of the token merger and swap process

Our brand

After a lot of internal deliberation and feedback from the community, we have decided to keep ONE BRAND IDENTITY — COSS — ‘Crypto One Stop Solution’.

We are branding all our products as — Crypto One Stop Solution or, as the world popularly knows us already, COSS. The name encapsulates our vision perfectly and that is what we will continue to work towards.

Here are the specifics:

  • The new merged token will have the ticker COS
  • The COSS Group website will be accessible at COSSgroup.com and will become our primary website
  • COSS.io will continue to be the home of our exchange
  • Arax Wallet will be rebranded as COSS Wallet
  • COSS Wallet will have a dedicated website on COSSwallet.com

A brand identity is an important aspect of a company. It encompasses our mission, reflects our drive to succeed, and helps us develop a unified brand image and marketing strategy. We wanted something that gives a nod to our combined legacies and yet points the way to a new future ahead. This is a process that requires careful design and thinking, and our new brand identity will be unveiled in the very near future.

The Token Swap Process

All COSS and LALA tokens will be swapped for your new COS token only onCOSS.io exchange. The swap commences on 25th June 2019 at 14:00 GMT+8.

The new ticker is COS to avoid confusion with existing COSS token contracts. The same will be listed on portfolio tracking apps, Etherscan, market tracking websites and everywhere else.

The swap ratios remain unchanged. You will receive:

  • Swap Ratio of COSS : COS = 1:1
  • Swap Ratio of LALA : COS = 10:1

Token Swap Details:

  • The swap will be done ONLY on COSS.io exchange
  • COSS and LALA tokens from other exchanges and external wallets MUST be deposited to COSS.io to swap the tokens to COS
  • Trading on COSS and LALA pairs will be halted on 24th June 2019. We will announce, in advance, the time when trading will halt and all open orders canceled
  • Withdrawals of COSS and LALA tokens will be disabled on 24th June 2019. The time will be announced. Deposits will remain unaffected.
  • FSA will be disabled from 25th June 14:00 GMT+8 to 01st July 2019, 14:00 GMT+8
  • COSS and LALA tokens in FSA wallets will be converted to COS tokens during the week commencing 01st of July, 2019
  • The swap will continue on COSS.io for at least 3 months from 25th June 2019. We shall announce if any further extensions to this window are to be made.

After you have swapped your COSS and LALA tokens to the new COS token, you can safely withdraw your COS token to an external wallet if you like or receive trading discounts on COSS as before by keeping it on COSS exchange. You will be able to accrue the Fee Split Allocation (FSA) by setting up your unique identifier on the external wallet as before. You will have to set up a new external identifier. The tutorial on our website will also be updated to walk you through the process.

Step by step swap instructions:

  1. Log in to COSS.io and go to COS Swap in the side panel
  2. Your COSS and LALA balances will be displayed, along with the total COStoken you will receive after the swap

3. Click on “Convert to COS” — a window will pop up with terms and conditions of the swap. Please check the box and confirm by accepting

4. You will now be able to see your new COS tokens in your COSS.io wallet

All done!

Your new COS tokens will have the following existing as well as additional utilities going forward:

  1. 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.
  2. Trading Fee Discounts — traders can pay trading fees on COSS.io using the COS token to get a discount on the usual trading fee.
  3. 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.

We would like to thank all of you for your feedback, support, and participation. The start of the COS swap marks the start of new initiatives and continued efforts to build and improve. Look forward to more new developments coming from us!

We will be in touch again soon.