I think the update all are waiting for is the fiat trading launch, and the UI improvements... those will take coss to the next phase

Till then things will be slow moving

Sneak peek of the COSS's new UI check it out if you haven't yet.

Exchange: https://www.youtube.com/watch?v=UMGOis3r3R8

And the new look of their webpage: https://www.youtube.com/watch?v=DtMbWU7XV78

Global volume is dying with the bearish market, every exchange getting less and less volume.

It is normal that coss is affecting too.

With current volume and all no it is not.

But if you think what it is promising, if you believe they can achieve what they do yes it is undervalued. The question is, will they?

I believe that in time, they will.
But it's not only up to COSS team. They can only do so much. If the crypto market losses interest, there will be very few exchanges with meaningful volume. But if crypto becomes huge, high-quality exchanges (which I hope COSS will become) will explode.
I do not see COSS going anywhere for at least a year. For me, I do not intend to sell my COSS when it becomes big. I want that passive income. For me, this is a long-term hold coin. At least 2 years before I can reap the benefits.
I don't care if COSS will land in the top 10 exchanges. As long as they have 1bil 24h volume, I will be happy.

And it is in COSS teams interest to make the exchange as successful as possible. I'm pretty sure the team members all own a sizeable amount of COSS tokens. With 1bil volume (half of Binance) 100.000 COSS tokens would give $31.000/month. That's a shitload of money and I'm pretty sure they own a lot more tokens than that.
100.000 COSS tokens is about $25.000. Invest that and if COSS reach 1bil trading volume, you have upper management income in a big company without having to do jack shit except sell a few coins every month.

Yes, no more actions are required if your tokens are in exchange.

Exchanges sometimes get hacked so if you ask me keeping the COSS tokens in MEW is the best thing you can do.

I think I read in the contest rules that wash trading is strictly prohibited. So I guess there's still a chance that they will ban them later.

There are none of these exchanges working for fiat now, its not easy to implement a fiat on ramp to crypto coins without going through the right channels like banking licences etc.
Atomic swap doesnt do this either
So for trading alts p2p exchanges might be good but fiat exchanges are also required

I think centralized exchanges will still be needed and if they are fully compliant and abide by the laws of the land, then I don't see them dying off. I believe COSS can do well but it will take time and only when Fiat is implemented and the new UI, then I can see the bigger potential from COSS arise. For now we are all just speculating and doing our best to be happy and hopeful, and trading a bit in between with the contests. I am way down now in the contest and I doubt I will be making the top 20 to be honest. Now I am aiming for top 50 lol.