Last night I saw a nice buying opportunity over at the new exchange called coss.io, so I created an account and sent some ETH. Everything went well and I soon had my new balance in my account. However I came late for the opportunity and decided to leave the exchange with my money. So here comes the absolutely insane part:
Their withdrawal fee for Ethereum is 0.01 ETH, which was $2,9 yesterday. So I said fuck that and bought some BTC for it, but low and fucking behold, their BITCOIN FEE IS 0.0025! And that, my friends, was $8,39 yesterday evening!
So with all that in mind, the only thing that I did was to transfer my coins to coss and then back, but that cost me over ten dollars.
Totally and utterly nuts.
Also, they don't show the addresses in the withdrawal section, so you need to remember the addresses yourself.
The bottom line of this story is that coss.io is a complete fucking joke at best and a scam at worst. The developers are either in it for some small, quick profits, or just completely retarded. Don't ever even consider visiting it, let alone using it.
So that was my little warning about coss.io – a project seemingly created for the sole purpose to suck you dry of all your coins.
Thank you!
