And how they plan to accept a wide range of fiat currencies without getting trouble from the regulatory boards? Like if this was a easy task all the other exchanges would be doing, or no?
The fee sharing is not an advantage, a serious trader would not change a market with the liquidity, like Bitifinex, with margin options and other perks, to get a rebate in a exchange like COSS.
They have a good ideia but along what was done until now I can say they might not delivery, and if they delivery I really don't know if it will get the attention that you guys are expecting.
They are already working with the regulators to get the required licences. And no, this is not easy, but doable.
As for market depth, yes, few exchanges will be able to get the volume of Bitfinex. But then
a) these are crypto markets not the traditional financial markets which are dominated by institutional investors. Also, there are few high volume professional traders, and those would only deal in the major crosses.
b) once you move away from the major pairs, the markets in any case are much less liquid.
c) Not all coins are listed on the big exchanges
d) fee sharing perhaps does not attract the volume based traders per se, but it certainly attracts the amateur traders or self-dealing day traders
Lastly, the integration in the real economy is not an idea, but a reality. Just go to the COSS website and check out the growing list of brick-and-mortar businesses they engage in.
Weather they will reach all their targets, I guess we will have to see ... but, at least for me, the signs look very promissing.
