COSS is open to partnerships with fintech startups that already have a token or are in the planning stage of its ICO sale. Such companies can feature their cryptocurrencies on COSS in the market cap listing section, on the exchange, or on the ICO listing page.


1. KYB FORM 

Download and fill in the KYB form (attached below).

Forward the completed KYB form and documents to compliance@COSS.io.


2. SCREENING

COSS has a systematic procedure for identifying new business partners, and are unable to establish a relationship until the identity of a new business partner is verified.

a) Client IdentificationProgram (CIP) 

The first step is Customer Identification Program (CIP), which requires COSS to collect, document, and establish the basic identity of the client (e.g.legal name & existence, registered details and nature of business activity, etc.)

b) Client Verification

COSS will verify the authenticity of gathered information, verify the client’s identity, and assess the risk of establishing a business relationship. The precise procedures for CDD and EDD depend on the risk profile of the bank that the business partner is using. 

c) Client Acceptance Policy

     i) No client account can be opened using an anonymous or fictitious name

     ii)Parameters of risk perception are clearly definedin terms ofthe nature of the client’s business activity, the client’s jurisdiction andits associates, its financial status, and any other information that COSS deems relevant.

     iii) COSS will conduct any checks required before opening a new account to ensure that the identity of the customer does not match with any customer with known criminal background or sanctioned individuals.


3. LEGAL

Upon receipt of the legal opinion, the COSS legal team will review the documentation and will be in touch with the client’s legal team in the event that any clarification or additional information is needed.

Once reviewed, the legal team will forward the listing request to the Commercial Department.


4. COMMERCIALS

 

Clients may pay a listing fee and/orcommit to a trading promo on COSS.io

 

A trading promotion requires you to commit to a certain number of days, and there has to be an initial contribution of tokens, which can be discussed with COSS management

 

A typical trading promotion can be describedas:

Promo duration: <number of days> days of trading, between <date > and <date>, and ends at 2359hrs.

  • The top 10 traders by volume split 30% of the pool:
  • The top 11-20 traders by volume split 25%
  • The top 21-30 traders by volume split 20%
  • The top 31-40 traders by volume split 15%
  • The top 41-50 traders by volume split 10%


COSS is open to suggestions for alternative trading promotions, pending approval. 

 

5. TECHNOLOGY

Our Technical Department will list the token or ICO dependent on the technical team’s availability and client timelines.



Stay Frosty,
COSS team.