COSS in Talks With B2C2 to Bring Liquidity to the Exchange

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Liquidity is one of the most important components of a good exchange. Without liquidity, traders are less likely to trade and volume is less likely to rise.

Market liquidity is the degree to which an asset can be bought or sold without affecting the price of that asset. So, an exchange where you can buy multiple Bitcoin without the spot price rising has good liquidity. If purchasing multiple Bitcoin raises the price noticeably, or there aren’t even enough orders to fulfill your request, the exchange has poor liquidity. For more information about liquidity, see Investopedia.

Currently the liquidity on the COSS exchange is highly variable, depending on which pair you are trading. Some pairs have poor liquidity, some have reasonably liquidity.

The COSS team are making efforts to improve this over time, by making the exchange easier to use and incentivising trading through promotions and through the introduction of the COSS Fee Token (CFT).

The community even has a coordinated effort to create liquidity through its market maker bot – CELT. You can help to fund this bot and earn a share of the profit it earns by following this link.

COSS Announces Liquidity Partners

Recently COSS announced they would partner with the Singapore based FinTech company SNAP Innovations to provide liquidity. The process of onboarding SNAP is still ongoing.

In the most recent medium COSS spoke about this and discussed that the process of introducing another liquidity provider had begun.


We are also happy to say that we have gone through the corporate KYC process and finally got approved by yet another liquidity provider in B2C2. Again, this is a process that takes time and at this stage, our Dev team is exploring the implementation process and we are following up with B2C2 on full API implementation. We can’t give any defined timeline for when these services will be activated due to the complexity of the process and the importance of proper testing. These are just two of many actors in the field that we are currently speaking to.

What Can B2C2 Provide to COSS?

B2C2 is a leading cryptocurrency market maker. They are used by clients around the world and have traded tens of billions in cryptocurrencies to date. B2C2 was founded in 2015 and is headquartered in London.

As a market maker, they have a large pool of cryptocurrencies that COSS can buy/sell from at reasonable prices. This is all handled automatically using bots and their API.

B2C2 provides 24/7 liquidity in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Ethereum Classic (ETC) and ZCash (ZEC).

Garry Eng, CoinHako CTO says ‘B2C2’s API is simple to use, the prices are highly competitive, and they provide us instant access to liquidity, which has been an important part of scaling our business.’

B2C2 is a huge liquidity provider that COSS can utilise to provide some good depth on the main pairs. With liquidity comes volume, which is good news for the fee split allocation paid to COSS token holders. Volume is also good for the price of CFT, as it will trend upwards with increased volume.

More Liquidity Providers on Their Way?

In the Medium, it is also stated that SNAP and B2C2 are just ‘two of many’ that COSS are in talks with over liquidity. With a combination of providers, liquidity could improve dramatically over the next few months. Once we begin to see these companies in action, trading on COSS will become much quicker and easier. Expect to see a healthier FSA too.

Any thoughts on the other companies that COSS could be in talks with about liquidity? Leave a comment below.

Ambrosus Could Explore COSS Listing

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The Ambrosus network is a blockchain-based ecosystem for supply chains seeking to improve modern world supply chains by removing vulnerabilities.

Currently an ERC20 token, Ambrosus is working on their own mainnet, but with no confirmed dates for going live yet. A question and answer session confirmed that the ERC20 token and mainnet coin would coexist for some time.

COSS is able to list ERC tokens easily and has previously held promotions to allow listing of ERC tokens for as little as $5,000.

Ambrosus Reaches Out for Community Opinion on Exchanges

The official telegram chat for Ambrosus recently reached out to their community, looking for opinions on cryptocurrency exchanges. The message is currently pinned on their channel.

Community polling: what #crypto exchange, apart from #Binance, do you like and are most excited about? Choose your favourite on our #Telegram! $AMB $BNB #DEX
https://t.me/ambrosuschat

The options for the poll are below. A number of these are CCXT certified exchanges (highlighted in bold). The vote percentages were correct at the time of writing.

  • Bittrex 15%
  • Bitfinex 2%
  • Bithumb 3%
  • Coinbase 41%
  • COSS 23%
  • Kraken 7%
  • OKEX 2%
  • Upbit 7%

A Positive Result for COSS in the Poll

Looking at the results, Coinbase is clearly the most voted for exchange. The poll hints Ambrosus is seeking new markets. Historically, a Coinbase listing has pumped the price of any new listing, however, getting listed on Coinbase is notoriously difficult.

Removing Coinbase from the equation, COSS has the highest number of votes. Likely due to a sudden influx of COSS telegram members to the Ambrosus chat, but still a positive image for COSS.

Current markets for Ambrosus include; Binance, Kucoin, TOKTOK, Mercatox, HitBTC, RightBTC