COS is the native token of the Crypto One Stop Solution (COSS) platform, a Singapore-based digital asset platform. The COS token is used for various purposes within the COSS ecosystem, including paying for trading fees on the COSS Exchange and receiving staking rewards. The COSS platform consists of several components, including the COSS Exchange, COSS Wallet, and COSS Lift-Off. The company was formed after the merger of COSS Exchange and Arax Wallet in 2019.
