Crypto

COSS Continues to Alienate its Users and Fueling Scam Rumors

It would appear that all of the drama surrounding the COSS exchange is far from over. The social channels that are still active are not a source of actual information. 

In fact, asking any sort of honest question in those channels will likely get users banned.

The COSS Drama Only Gets Worse

COSS shut down its services out of the blue roughly two weeks ago.

The company cites a major platform upgrade is taking place, yet leaves customers without access to their funds.

This decision doesn’t sit well with the community, for fairly obvious reasons.

No advance warning of this migration is extremely unprofessional.

Related Post

Moreover, there have been plenty of rumors as to how the exchange is simply pulling an exit scam.

Those rumors cannot be proven at this point, and need to be treated as such.

However,  the behavior of COSS on social channels doesn’t bode too well either.

Anyone asking for information on Telegram is likely to be restricted from the channel for a month.

While it can be annoying to keep answering the same questions, censoring customers is never a smart business decision.

One can only hope the team becomes a lot more professional in their communication. It would not be the first time such bad behavior tarnishes a reputation completely.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

FOMO Selling Trigger $1 Billion Liquidations as LINK & SOL Bleed Heavily; What to Do Next?

In the past, Chainlink (LINK) and Solana (SOL) have been among the most discussed altcoins…

1 hour ago

Qubetics $7.4M Presale Revolutionises Blockchain as Bitcoin and Chainlink Drive Innovation: Best Cryptos to Buy for 2025

The crypto market is abuzz with excitement as 2025 approaches. While Bitcoin continues to dominate…

7 hours ago

Best Altcoins to Buy Today: Why Qubetics’ Presale Could Be the Best Investment Opportunity of 2024

The cryptocurrency market never sleeps, and every day feels like an adventure. From household names…

13 hours ago

Forget DOGE and SHIB: These 5 Memecoins Are 2025’s Millionaire Makers

The memecoin craze is evolving, and a new wave of contenders is rising. With fresh…

22 hours ago

While Ethereum Approaches $6K, XYZVerse Prepares for a 16,900% Market Shakeup

As Ethereum's value inches toward unprecedented heights, another digital asset is set to make a…

22 hours ago

Four Meme Coins That Might Disappoint and One That Could Deliver Big Gains

Meme coins are the wild cards of the crypto world—one day they're "to the moon,"…

22 hours ago