COSS Token Summary and Comparison

COSS and CFT are the 2 tokens native to the COSS ecosystem, both with very different functions. Recently, CELT has opened for trading, but this is an unofficial COSS token, created by the community.

COSS Token Comparison



Token Creator

Primary Function

Max. Token Supply

Official COSS Token

Passive Income

Fee Reduction

Monthly Burn


View Token Analytics

Where to purchase


Earn Fee split allocation

COSS Exchange

Receive a share of 50% of fees taken by COSS exchange





25% fee reduction

COSS Exchange

Used to pay fees, earning a 25% discount





fund liquidity

Community Developers

Funds liquidity bot and earn passive income






What is COSS used for?

The COSS token’s only role is to earn holders a share of 50% of trading fees.

When someone uses the COSS exchange to trade a coin or token, the exchange charges a small fee. 50% of this fee is set aside to be paid to COSS holders, this is known as the fee split allowance (FSA).

The fees are distributed on a weekly basis (soon to be daily – Monday to Friday) in the same tokens that fees were collected in. This means the FSA is paid out in a variety of coins.

The FSA is held in a separate wallet from your exchange wallets. To retrieve your FSA, you must distribute each token individually at a cost of 0.001 ETH.

The more COSS tokens you hold, the larger your FSA will be.


Where can I buy COSS tokens?

For your safety, COSS tokens should only be purchased on the exchange.

Why are there two COSS tokens?

The ERC-20 COSS token was upgraded to an ERC-223 token. Some old ERC-20 token still remain available but are now worthless.

How much can I earn from holding COSS?

The FSA varies week-by-week depending on the exchange’s volume. For a good estimate of how much your FSA could be worth, see

What coins do I receive in my FSA?

As CFT provides a generous 25% discount on trading fees, most fees are paid with CFT. This means a large percent of fees are received in CFT, which you can easily distribute and sell on All non-ERC tokens are converted ETH when entering the FSA.

Do I have to hold COSS tokens on the exchange to receive FSA?

No, COSS can be held in a private wallet and still receive the FSA. You will need to set up a fee split allocation identifier if you want to hold your coins in a private wallet and still receive the FSA.

What is the COSS token smart contract?

The new ERC223 COSS-token address is 0x9e96604445ec19ffed9a5e8dd7b50a29c899a10c

Are there any coins that do what COSS does?

A similar, well known coin is KuCoin Shares (KCS). However, holding KuCoin Shares only generates more KCS. Also, the fee split on KuCoin declines over time. On COSS, the fee split will always be 50%.

COSS Fee Token (CFT)

What is CFT used for?

CFT is used to pay trading fees on It can be bought directly on the COSS exchange for market price across 5 trading pairs.

Fees are paid in CFT with a 25% discount, when enabled in your COSS settings. This means a 0.1 ETH fee would only cost the equivalent of 0.075 ETH in CFT. CFT is consumed to pay the fees and 50% is paid back to COSS token holders in the FSA.

CFT is similar in function to Binance Coin (BNB). However, the 25% fee reduction is permanent with CFT, unlike BNB where the discount eventually reduces to 0%.

Other Benefits of Holding CFT

There are also some additional utilities planned for holding CFT. The first has already been implemented. Holding a predefined amount of CFT will earn you airdrops. Tokens and coins can hold promotions to airdrop their tokens to CFT holders meeting a minimum qualifying balance.

It has also been mentioned CFT could be used to vote for things such as community listings. This has not yet been implemented, but is planned at some point for the future. Many other features are also on the drawing board.

See here for a list of CFT FAQs.

COSS Exchange Liquidity Token (CELT)

What is CELT used for?

CELT is used to fund a community driven liquidity bot. Providing liquidity requires a lot of funding. The CELT token is being used to generate funding for the bot.

The CELT token is currently available through an IEO on the COSS exchange. Although this is a token heavily affiliated with COSS, it is not an official offering from the COSS exchange. CELT is completely by the community, for the community.

Holding the CELT token will earn you a small passive income, as the profits earned by the CELT liquidity bot are distributed in a profit share allocation (PSA) to all holders of the token.

The PSA is distributed through a smart contract, and therefore your tokens must be held in a private wallet. 95% of the profits are distributed to CELT holders.

CELT 2.0 Goes Live! – Your Guide to a Passive Income

CELT announcement banner

CELT 2.0 Launch an Overwhelming Success

The COSS exchange liquidity token (CELT) launched today, exclusively for sale on The CELT token funds a liquidity bot operating on the COSS exchange. By owning CELT, you help provide liquidity on and are also entitled to a share of the profits made by the bot.

Only 100,000 tokens are being made available each day on the COSS exchange. This will continue until July 16th 2019 or until the pool of ~10 million tokens has been sold.

Launch day has been an overwhelming success for CELT with all 100,000 tokens being sold. If you missed out today, you can return to COSS tomorrow to catch your share of the next 100,000.

With the first round of CELT selling out, the total fund value of the liquidity bot has almost doubled. See this article for more information about CELT 2.0.

The IEO launch of CELT also sees a sharp new branding by community member zk-Sharks. Droplets representing liquidity are incorporated with the COSS branding, giving rise to a stylish logo that subtly hints towards the purpose of the token.

How to Buy CELT 2.0

CELT 2.0 is now available to purchase via an initial exchange offering (IEO) on

IEOs on COSS allow the token to be bought through market orders only. This means you cannot place limit orders to buy or sell CELT, only market buy at a fixed rate. This is the second IEO held on the revamped COSS exchange, the first being its own CFT token for 25% discount on trading fees.

The fixed trading price of CELT is 1 ETH = 995 CELT. This currently puts the CELT token at around $0.15-17.

Once you’ve purchased CELT on COSS, it is highly recommended you move the tokens to a private wallet. By holding the CELT in a private wallet, you will be able to claim your weekly share of the CELT bot’s profits – the PSA.

The withdrawal fee for CELT is set to the lowest possible amount allowed by the exchange – 2.5 tokens (<$0.35). See below for guides on withdrawing to private wallets.

If you owned the original CELT token, your tokens will be automatically swapped to CELT 2.0 tonight and you can begin claiming the PSA. If you access the CELT website before the swap, your balance will read 0 until the token swap has been completed.

Should you wish to sell your CELT tokens, you will need to wait until the IEO finishes on COSS. Once complete, you will be able to sell CELT tokens on the open market.

How to Claim PSA

To claim your PSA, you will need to hold CELT in a private wallet. You will not be able to claim your PSA if you leave your CELT on an exchange wallet.

Your private wallet needs to be one that can interact with a dApp. My recommendation is to use Metamask on PC or Trust Wallet on mobile. When your CELT balance is moved to Metamask, you will be able to interact with the smart contract at and claim your weekly PSA. See below for a guide to setting up Metamask (and Trust Wallet for mobile).

Although the PSA is distributed every week, you do not need to claim it that often. You could collect it once a year if you preferred! The first PSA will be distributed within the next 24 hours.

The CELT.DVX.ME Dashboard – Claim Your PSA Here:

CELT PSA website
The PSA dashboard on the CELT website

The PSA will be distributed to CELT holders in ETH. By making payout withdrawal manual, the token avoids being classed as a security by the Monetary Authority of Singapore (MAS).

The PSA withdrawal process will require you to have ETH in your wallet. This is to pay the network fees (gas), which are typically minimal.

95% of all CELT profits go to token holders, with 5% being sent to an Ethereum dApp ecosystem – PLincHub. This dApp was created by the maker of the CELT bot and earns players 110% of their initial stake back over time in ETH bonds.

Additional profit made from the CELT bot’s PLinc holdings will be paid back to CELT holders in the PSA.

Once the CELT fund is completely funded (~10,000 ETH), annual returns are expected to be around 5% ROI. This of course, may change over time. The primary reason for CELT is to improve the liquidity of the COSS exchange, supporting trader’s investments in the COSS token. The profit share is a nice bonus!

CELT Bot Springs into Action

The CELT liquidity bot now has a fund value of over 200 ETH. This fund is used to provide liquidity on the COSS exchange. The bot buys low and sells high, with the primary goal of closing spreads to make trading easier on the exchange. The COSS exchange has a tiered trading structure – higher trading volume means lower fees. The CELT bot can take advantage of this and make a profit whilst trading to close the spreads.

The CELT bot will start by providing liquidity to all ETH pairings. This includes BTC, Tether, TruUSD, NEO, COSS, CFT, LTC, DAI, TRX. After that, the bot will begin trading on BTC pairings with the same coins.

Users trading on these pairs should see a noticeable difference in the ability to buy coins at a fair market price.

To see the CELT bot in action, check out the trading log on Slack.

Setting Up Metamask (PC) or Trust Wallet (Mobile)

Metamask Guide

Download the Metamask extension for either the Chrome or Brave browser.

Once installed, you can either set up a new wallet, or use Metamask to view an existing wallet you may have on MEW, a hardware wallet or elsewhere. You should see the options like below. Follow the guide to import a wallet, or create a new wallet.

With Metamask ready to receive CELT, head to COSS and make a market purchase on the CELT/ETH pair. Next, go to the accounts page and select withdraw on the CELT asset.

In the address field, paste in your Metamask address. To open the Metamask extension, click the fox icon in the top right corner. You can click on ‘My Ether’ to copy your address to the clipboard, or click the more icon (3 dots) for more information about your wallet and account.

How to view account details on Metamask

When withdrawing from COSS, there will be a 2.5 CELT fee (this is the lowest fee possible). You will also be asked to fill in your 2FA to withdraw and you must confirm the withdrawal by clicking the link sent to you via email. Metamask will notify you when you withdrawal arrives (around 15 mins after confirming via email depending on the Ethereum network).

Your CELT tokens will not show up in Metamask automatically. They will show up automatically on however.

To show your CELT token balance in Metamask:

  1. Click the menu (3 bars) icon
  2. Scroll to the bottom and click ‘Add Token’
  3. Click ‘Custom Token’
  4. Paste the contract address (0x99a3a5333b4eb80192149f9edd42d1d57ac591ee) into the ‘Token Contract Address’ field
  5. The remaining fields should autofill, if not, add these values to the respective fields. Token Symbol: CELT | Decimals of Precision: 18
Adding a custom token (CELT) to Metamask

With Metamask installed and loaded up with CELT tokens, you can now visit and access the PSA functions. You may be asked by Metamask to confirm the connection to the CELT website. The first PSA will be available within 24 hours to holders of CELT.

Trust Wallet Guide

Trust Wallet

Download and install Trust Wallet. When opening for the first time, you can import an existing wallet or create a new wallet.

If importing an existing wallet, click import and select Ethereum. You will then be asked for you 12 word recovery phrase. Type in your recovery phrase and your wallet will now be available in Trust Wallet, allowing you to interact with dApps, including the website.

You could set up an account on Metamask (see above) and use the recovery phrase in Trust Wallet to import. This would allow you to view your CELT holdings and collect PSA on both PC and mobile.

With Trust Wallet ready to receive CELT, head to COSS and make a market purchase on the CELT/ETH pair. Next, go to the accounts page and select withdraw on the CELT asset.

In the address field, paste in your Trust Wallet ETH address. This can be found in the wallet tab and by clicking the ETH token.

Once your CELT arrives, it will show in your wallet. You can then access the CELT website by clicking the dApps tab and typing the address as shown in the image.

A Bright Future for CELT and COSS

With such a successful launch day, the future for CELT seems positive. With traders now incentivised to hold CELT thanks to its profit share allocation, there is no reason for COSS holders not to buy. The CELT token is one piece of a larger puzzle that will drive the COSS exchange to success, and earn you some money along the way.

With the profit share aiming to provide around a 5% annual ROI, even traders not invested in COSS will be eager to buy into the token for the weekly returns.

If you’ve purchased CELT today, let us know how the experience was for you. How did the IEO process go for you? Have you got your tokens in your private wallet? Are you looking forward to the first PSA?

How to Buy CELT Tokens

CELT 1.0 is no longer available to purchase. Please purchase CELT 2.0 through the COSS IEO and transfer to an external wallet if you wish to collect the PSA.

Following up from this post introducing CELT 2.0, this article is going to walk you through purchasing the CELT tokens in anticipation for the token swap to 2.0, coming very soon!

The techniques in this guide can also be used for interacting with other Ethereum dApps such as PLinc Hub or others.

Quick Version

For the technically savvy, here is the quick and simple version of purchasing CELT. If you’ve never used Metamask before, there is an in depth guide you can follow along with below.

  1. Install Metamask and fund it with ETH
  2. Visit
  3. Input how much CELT you wish to purchase
  4. Congratulations, you’re now helping support liquidity on COSS and earning some profit along the way!

On a Desktop or Laptop PC

To get started on a PC, you will first need to install an extension for Google Chrome, or the Brave Browser called Metamask.

Installing Metamask

Head over to in either Chrome or Brave. Then click ‘Get Chrome Extension’ (this works on Brave too, as it is built on Chromium).

Once installed, you should get the ‘Welcome to Metamask’ popup. If not, you can access Metamask from the fox icon in the top right of your browser. Click Get Started.

You’re probably looking to create a totally new wallet, so on the next page, select ‘Create a Wallet‘ which will create a new wallet within your browser. You will have the private keys for this wallet, so you can restore it within another browser or app whenever you like.

You will then be asked to create a password. This is needed to display the wallet in the browser or to connect the wallet to a website.


The next step is to receive your private key or ‘Secret Backup Phrase‘. If you are familiar with cryptocurrency wallets, you will know the importance of this key and how to back it up. If not, please read this next paragraph carefully, or you could lose your funds!

The 12 word phrase shown on the next page is very important and is required to restore access to your funds should you ever be unable to get back to your browser. If anyone sees this key, they can access your wallet and take your funds. It is very important to keep this phrase both safe and private. Never reveal it to anyone. Do not store it on a device that other people could access.

The next page will test that you have copied this phrase down correctly.

Funding Your Metamask Account

Now that you have Metamask set up, you need to add some ETH to your empty wallet!

Access your Metamask account by clicking the fox in the top right of your browser and click the Deposit button.

You now have a range of options to get ETH over to Metamask. If you already own ETH elsewhere (an exchange, hardware wallet, etc.) choose Directly Deposit Ether to get your Metamask account address. This is the address to send your ethereum to.

Purchasing CELT With Ethereum

You can now visit the CELT webpage and Metamask will ask if you’d like to allow the website to access your account. It is safe to allow access, as this is how the site receives your public address (no private information is accessed).

Once connected, you can now buy and sell CELT using this website. Type how much CELT you would like to purchase in either the ETH amount or the CELT amount. Remember, 1 ETH = 995 CELT.

Confirm the transaction in Metamask. Metamask will notify you when the transaction has completed.

Verify the transaction completed successfully by refreshing the CELT webpage – here your new CELT balance will be displayed.

Showing CELT Balance in Metamask

You can always check your balance at but if you want your token balance in Metamask, follow these steps:

  1. Click menu and scroll to the bottom to reveal ‘Add Token’
  2. Click ‘Add Token’ and then choose ‘Custom Token’
  3. Fill in the contract address, which is 0x35f06858577b526a9351C6d42c89748281b6FE30 (Old 1.0 token) – New CELT 2.0 token for use with CELT purchased via IEO on 0x99a3a5333b4eb80192149f9edd42d1d57ac591ee
  4. The remaining fields should fill in automatically, but if not – Token Symbol = CELT and Decimals of Precision = 18
  5. Click ‘Add Token’ and CELT is now displayed in Metamask.

Connecting to a Hardware Wallet with Metamask

Perhaps you already have ETH on a hardware wallet and don’t want to move it over to Metamask, but still want to access the CELT website.

You can connect your hardware wallet directly to Metamask by clicking the pie-chart-esque image on the top right of the Metamask popup. Click add hardware wallet.

A new window will pop up asking you to add a new account, from here you can connect your hardware wallet by following the instructions on screen.

On a Smartphone

To access the CELT contract and purchase tokens on a smartphone, you will need a browser that has an in-built ethereum wallet.

Two examples are Trust Wallet and Cipher Browser. Download whichever you prefer and set up your account wallet. You will need to send ETH to your account from an exchange or another wallet. Follow the in-app instructions to get ETH in your account.

Accessing the CELT Website on Trust Wallet

On Trust Wallet, click the ‘DApps‘ menu icon at the bottom centre of the screen.

At the top of the page, you will be able to enter a website. Type, to go to the CELT website.

From there, you will be able to access the site and purchase CELT with the Ethereum in your Trust Wallet.

Accessing the CELT Website in Cipher Browser

The process for purchasing CELT on Cipher browser is exactly the same as above. Send ETH to your Cipher browser ethereum address and then access using the in-app browser.

The browser is the bottom left icon on the menu, from there you can type in the CELT address like any normal browser.

Earn Passive Income and Support COSS Liquidity with CELT 2.0

CELT 2.0 is the next step for the community driven liquidity bot running on the exchange. First created over a year ago by Spielley, the bot has helped to tighten spreads on trading pairs, improving the liquidity of COSS.

The premise of CELT is simple, set limit orders to buy low and sell high. This creates liquidity and turns a profit. The improved liquidity and tight spreads on pairs that CELT operates on entices traders to use the COSS exchange, creating volume and FSA for COSS token holders.

What Is CELT 2.0?

CELT 2.0 improves on the original implementation by introducing a whole new token and smart contract that allows holders of the token to earn a share of the bot’s profits, sound familiar?

The bot will continue to operate in the same manner, tightening spreads and improving liquidity, but holders of the CELT 2.0 token will be able to take a weekly profit split allowance (PSA), a great incentive to get people helping the COSS exchange.

Funds earned from the sale of CELT 2.0 tokens directly fund the CELT bot. The more funding the bot receives, the more volume and liquidity it can bring to the COSS exchange. This of course, means greater rewards from holding the COSS token.

COSS receives criticism for limited liquidity. With CELT 2.0, COSS supporters can take matters into their own hands and support liquidity on the exchange, whilst earning a profit at the same time!

Buying CELT 2.0 Tokens

The original CELT tokens were pegged to Ethereum, with a flat rate of 1 ETH = 995 CELT. Owners of the original token will receive CELT 2.0 at the same rate. Following a snapshot on April 15th, CELT holders will receive a 1:1 rate of CELT 2.0. Any CELT tokens purchased before the snapshot will receive CELT 2.0 at the 1:1 rate.

CELT 2.0 Token Sale

A total of 10,000,000 CELT 2.0 tokens will be created. 9,350,000 will be made available through an initial exchange offering (IEO) at a rate of 1 ETH = 995 CELT 2.0. If all tokens are sold this will create a huge 9,396 ETH fund for the CELT bot to work its magic on the COSS exchange.

The remainder of the tokens will be reserved for the CELT 1.0 token swap, marketing and development.

The token will be purchasable on a yet-to-be announced Singapore exchange.

CELT 2.0 Profit Split Allowance for Token Holders

Much like the COSS token, profits created by the CELT bot will be distributed amongst CELT 2.0 token holders. 95% of the profits earned will be distributed evenly, depending on the number of CELT 2.0 held. The more CELT 2.0 you hold, the more you will receive from the PSA.

A snapshot will occur weekly, assigning users their share of the profits. Holders can take their profits whenever they wish. To prevent the token being considered a security, the profit split allocation (PSA) must be collected manually, but does not need to be collected each week.

The whole PSA is managed by a trustless, decentralised script. This means everything is done automatically, much like how the fee split allowance (FSA) is handled on COSS.

CELT Performance

You can view the performance of the CELT bot for yourself. You will see that profitability of the bot has improved with time, but of course, is not exempt from the unpredictable swings of cryptocurrency.

The more funding CELT raises through the CELT 2.0 token sale, the greater the profits it can achieve. With greater funding for trading, the CELT bot can achieve better fee rates on the COSS exchange, making it able to create even tighter spreads with better profits.

The current fund value stands at around 130 ETH. With this, CELT is creating around $40,000 volume per day. With 10,000 ETH of funding, the impact on CELT’s volume will be much, much greater.

From the profits, 5% is currently allocated to be redirected to the dApp ecosystem – PLinc Hub. This system, also created by Spielley, allows holders to earn 110% of their stake back over time. Profits from PLinc Hub can be fed back into the CELT fund.

Why You Should Buy CELT 2.0

CELT 2.0 is run by Duane Devante Lewis and Spielley. Both are well known and respected members of the COSS community who simply want the COSS exchange to excel. They worked together to create CELT 2.0 for the benefit of all COSS holders, as the better the exchange performs, the more we can earn as COSS token holders.

The bot has proven that it can be profitable with the relatively small fund that it has currently. The CELT 2.0 token sale is a fundraising measure that will greatly improve the abilities of the existing CELT bot, whilst also earning investors a share of the profits.

The creators recognise that the bot funds are 100% that of its community investors. With these funds the bot and decentralised token smart contract offer holders a way to come together as a community to improve the COSS exchange and earn some profits along the way.

By bringing liquidity to COSS, CELT 2.0 makes the exchange much more usable and attractive to existing and new traders. This has amazing potential to drive volume on the exchange to unseen heights.

COSS and CELT 2.0 go hand in hand. Support the exchange and receive great rewards in turn. If you want to read more about CELT 2.0 you can find the white paper here. To discuss CELT 2.0 with the community, visit the CELT telegram. You can view and read the CELT 2.0 smart contract here.