Coti (COTI), defines itself as the first enterprise-level financial technology platform. According to the technical document released by COTI, institutions can use this financial technology platform to digitize their desired currency, potentially leading to significant savings for the company.
COTI, one of the first blockchain protocols launched for decentralized payments worldwide, can be used by merchants, governments, payment applications, and stablecoin companies. COTI Pay is known as the first application of this ecosystem. The COTI Group entered the market in March 2017, but its Staking platform was not available until January 1, 2020.
The COTI ecosystem aims to overcome the disadvantages created by the traditional financial system, including delays, fees, and risks associated with money transfers. Utilizing a DAG-based protocol, COTI facilitates fast, scalable, private, and cost-effective money transfers globally.
COTI, which has a DAG-based blockchain network, uses a proof-of-trust consensus algorithm, unlike other cryptocurrencies. Particularly, COTI’s system named GTS forms the foundation of this network and opens the door to payments.
What is COTI (COTI)?
Launched by Samuel Falkon and David Assaraf, the cryptocurrency of the Coti ecosystem is known as COTI Coin. What makes COTI unique is its versatility for multiple applications and purposes, and its continual availability for use.
While the circulating amount of COTI is 669 million, the project’s maximum supply is 2 billion. With a total market value of 141 million dollars, COTI ranks 170th. The COTI/USD pair has seen a 12% increase in the last 24 hours, pushing its value up to $0.21.
The all-time high for COTI price is $0.2243, which was achieved on February 21. A 4.75% increase in COTI price could set a new record. Against the BTC pair, there still seems to be a long way for COTI to go.
Since the beginning of the year, COTI has gained a 137% increase.
Where to Buy COTI Coin?
COTI can be purchased from the Binance cryptocurrency exchange with USDT, BTC, and BNB pairs. The highest liquidity is seen in the COTI/USDT trading pair.
