COTI is the currency that powers the Coti project, which bills itself as a “DAG (directed acyclic graph) protocol suitable for the construction of decentralised payment networks and stable currencies.” Coti powers online and offline payments, loyalty payments, stablecoins, and more using Trust Chain, a decentralised ledger that can process over 100,000 transactions per second. Please remember that Coinbase currently only supports COTI operating on the Ethereum blockchain (ERC-20). It is now trading at $0.071503, down 3.49% in the previous 24 hours, with a coti coin market cap worth of $79.3M.
What exactly is COTI (COTI)?
COTI is a cryptocurrency and a decentralised payment transaction network that combines traditional payment methods with digital currencies. The platform delivers a scalable, cost-effective, fast, dependable, and secure payment infrastructure. COTI offers a dispute resolution mechanism for buyers and sellers to protect themselves against mistakes, fraud, and abuse. Companies may save time, data, and money by using the digital payment solutions provided by COTI, such as COTI Pay, stablecoins, payment network, and so on.
Coti is ranked 255 with a circulating supply of 1,108,643,952 coins and a total coti coin market cap of $79,060,179.of $79,060,179.
How to Invest in COTI (COTI)?
COTI’s staking strategy is a way to create consistent revenue from the transaction approval process. The COTI staking model gets designed to compete with the Defi income schemes. In contrast to existing staking schemes, the COTI token establishes a natural hedging price between regular currency transactions and node operator fees expressed as a percentage. Stake 3.0 is an upgraded staking software launched by the COTI community in March 2021.
COTI also rewards mediators in COTI coins for assisting the platform’s aims, including the conflict resolution process. Mediators who ensure the network’s integrity, which the COTI community trains.
How Many COTI Tokens are Available?
There are 2,000,000,000 COTI in total.
How to Purchase COTI Tokens (COTI)?
The COTI cryptocurrency is available for purchase on Coinbase’s controlled exchange. Coinbase now supports only COTI tokens that operate on the Ethereum network (ERC20).
Where can I find the best COTI prices?
Cryptocurrency exchanges give comparable services but differ in a few powerful aspects, most primarily in fees, the spectrum of tradable cryptos, and payment methods. You may use our table to compare the characteristics of various cryptocurrency exchanges in India to help you find the best one.
What will I need to purchase COTI?
Any bitcoin exchange requires an email address to establish an account.. Some exchanges may also need a phone number and picture ID, so have them handy.Before you can deposit cash and begin trading COTI, many cryptocurrency exchanges will need you to authenticate your identity.
This is known as the Know Your Customer method (KYC). And it necessitates a picture ID, a camera, or a smartphone. To establish your residence, you may be asked to give a copy of a recent bank statement or utility bill. So, if you intend to buy COTI using your local money, you must first complete KYC.
After you’ve validated your identity, you should enable two-factor authentication (2FA) before depositing any payments. It will improve account security and help keep your assets secure.