COTICOTI

About(COTI)

View Other Cryptos

Solana

Bitcoin

Bancor

Bonk

Major

THENA

X Empire

Moo Deng

Goatseus Maximus

Popcat

Hashflow

Illuvium

Synapse

Beam

Hooked Protocol

Render

Chromia

Metis

Ankr

Zcash

Pendle

BinaryX

Tezos

MultiversX

Dogecoin

1inch Network

AAVE

AB Group

ACEToken

Alchemy Pay

Act I : The AI Prophecy

Across Protocol

ADA(Cardano)

Aevo

Solidus Ai Tech

ArchLoot

Alchemix

Algorand

ALICE

Stella

Amp

ApeCoin

Ape and Pepe

APF Coin

API3

Aptos

Arbitrum

Arkham

Arnoya classic

ARPA Token

FAQ About COTI

• What is COTI?

  COTI (COTI) is a cutting-edge fintech platform designed to empower organizations by enabling them to create their own payment solutions and digitize any form of currency. Positioned as one of the first blockchain protocols optimized for decentralized payments, COTI is tailored for a wide range of users, including merchants, governments, payment DApps, and stablecoin issuers. Its flagship application, COTI Pay, is a comprehensive finance platform built on the blockchain, offering seamless payment experiences.
  The COTI ecosystem addresses critical challenges in traditional finance, such as latency, high transaction fees, global accessibility, and associated risks. By leveraging a DAG-based (Directed Acyclic Graph) protocol, COTI provides a scalable, private, and inclusive infrastructure that drives efficient digital payment solutions.

• How to buy COTI

  To buy COTI, you can follow these general steps:
  
  1. Choose a cryptocurrency exchange and Create an Account
  Start by selecting a reputable and reliable cryptocurrency platform that supports COTI trading. You can also buy COTI here on Toobit. Sign up.
  
  2. Complete Verification (Not Mandatory):
  Read our How to Complete Identification on Toobit guide for more information.
  
  3. Deposit Funds:
  Deposit funds into your Toobit account. This could be done via credit/debit cards, or your crypto wallet.
  
  4. Navigate to COTI:
  Once your account is funded, navigate to the Markets section of the platform.
  
  5. Buy COTI:
  Locate COTI in the list of available cryptocurrencies.
  Place a buy order. Read our How to Buy Crypto on Toobit guide for more information.

• How to Sell COTI?

  You can sell COTI to USDT here on Toobit. Read our guide on How to Trade Spot on Toobit for more information.

• What is COTI price Now?

  Are you looking for COTI Price? Live COTI price is updated in real-time on Toobit.

• How to Withdraw COTI on Toobit?

  You can withdraw COTI and other crypto tokens into USDT here on Toobit. Read our How to Withdraw Crypto on Toobit guide for more information.

• How does COTI work?

  COTI is built on a DAG-based protocol and powered by the Trustchain algorithm, forming the core of its scalable and secure infrastructure. Above this foundational layer lies the service layer, known as Coti X, which offers key features such as KYC and compliance, interoperability exchange, buyer-seller protections, and stability frameworks.
  COTI’s advanced infrastructure leverages a hash table data structure based on chaining, which enhances both computing efficiency and customer privacy. The COTI wallet, developed using the React Native Framework, provides cross-platform functionality, ensuring portability and a seamless user experience. Security is a top priority, with the wallet requiring user credentials and paired with two-factor authentication (2FA) login. Additionally, the wallet establishes a secure connection with the node manager, requiring the wallet’s seed to validate all communications and prevent spoofing or manipulation.

• What are the potential use cases for COTI?

  COTI's platform is designed to empower companies to develop advanced fintech products while optimizing time, data, and resources. It supports processing various payment types, including online and offline transactions, cryptocurrencies, stablecoins, credit cards, and even native tokens. Additionally, COTI aims to offer integrated financial services, such as earning from deposits and loans, creating a comprehensive solution for businesses.
  One of COTI’s key features is its optimization for stablecoin creation. The platform enables users to issue their own stablecoins, granting them full control over their assets and data. This versatility positions COTI as a valuable decentralized payment solution for businesses, governments, and individuals seeking a more efficient, customizable financial infrastructure.

• What is the history of COTI?

  Launched in March 2017, the COTI Group has established itself as an enterprise-grade fintech platform focused on empowering organizations to create their own payment solutions and digitize any currency. With the launch of its Staking Platform on January 1, 2020, COTI expanded its ecosystem, which now provides advanced cybersecurity measures to ensure data integrity and confidentiality.
  COTI's unique platform enables companies to develop cutting-edge fintech products, offering them the potential to save time, data, and resources. This robust ecosystem makes COTI a powerful tool for businesses seeking efficient, scalable, and secure payment solutions in the rapidly evolving digital economy.

• COTI price

  COTI is the native cryptocurrency of the COTI network, designed for payments, fees, and staking within the ecosystem. With a fixed total supply of 2 billion COTI tokens created at launch, no new tokens can be mined or destroyed. COTI USDT trading pairs are available on various exchanges, providing liquidity for users.
  
  Thirty percent of COTI tokens were sold during the private and public token sales. The private sale offered tokens at $0.08 to investors committing a minimum of $50,000. The public sale in June 2019 priced COTI at $0.065, raising over $3 million for the project.
  
  Following the token launch in May 2019, 15% of tokens were allocated to the team for their early contributions, while 10% went to advisors. The remaining 45% are reserved for incentives and liquidity reserves. Incentive programs distribute COTI tokens to partners, node operators, merchants, and users, encouraging early adoption of the platform's payment system.
  
  COTI hit an all-time low of $0.006266 in November 2019, shortly after its initial coin offering (ICO). However, by November 2021, the token surged nearly 1,000% to an all-time high of $0.6826. This rally followed COTI's partnership with Cardano on the CardWallet project and its role as the lead issuer of the Cardano-based Djed stablecoin. Despite reaching these heights, COTI experienced a 56% pullback by the end of November.
  
  COTI also experienced significant price spikes in March 2021, driven by the launch of COTI Staking 3.0, the introduction of a Binance Smart Chain (BEP20) token, and a $500 million investment from the Cardano Fund (cFund). These developments bolstered the network's growth and strengthened its position in the decentralized finance (DeFi) space.

• Coti Price Prediction Indicators

  Moving averages are essential tools for predicting the price of COTI, one of the most popular indicators in cryptocurrency trading. A moving average calculates the average closing price of COTI over a specified time period, dividing it into equal-length intervals. For instance, a 12-day simple moving average (SMA) for COTI is computed by summing the closing prices of COTI over the last 12 days and dividing by 12.
  In addition to the SMA, traders frequently utilize the exponential moving average (EMA). Unlike the SMA, the EMA gives greater weight to more recent prices, allowing it to respond more swiftly to recent price changes.
  Commonly used moving averages in the crypto market include the 50-day, 100-day, and 200-day moving averages. These indicators help identify critical support and resistance levels. If the COTI price rises above these moving averages, it is typically considered a bullish signal. Conversely, if the price falls below these key averages, it might indicate a bearish trend for COTI.
  Traders also employ additional indicators such as the Relative Strength Index (RSI) and Fibonacci retracement levels to better forecast future movements in the COTI price.

• How to read Coti charts and predict price movements?

  Candlestick charts are a vital tool for traders as they offer more detailed insights than simple line charts. These charts display the price action of Coti (COTI) with various granularities, allowing traders to select timeframes that best suit their analysis needs. For instance, a 5-minute candlestick chart provides an overview of very short-term price movements, while a weekly candlestick chart helps in identifying long-term trends. Popular timeframes for candlestick charts include 1-hour, 4-hour, and 1-day intervals.
  A 1-hour candlestick chart, for example, provides detailed information about Coti’s price action within each hour. Each candlestick represents COTI’s opening price, closing price, as well as the highest and lowest prices reached during that hour.
  The color of each candlestick is significant: a green candlestick indicates that the closing price was higher than the opening price, suggesting bullish movement, while a red candlestick shows that the closing price was lower than the opening price, indicating bearish movement. Some candlestick charts use hollow and filled bodies instead of colors to convey the same information, providing flexibility in visualization preferences.

• What affects the price of Coti?

  The price action of COTI, like any other cryptocurrency, is primarily driven by supply and demand dynamics. Several factors can impact these dynamics, including fundamental events such as block reward halvings, network upgrades, or protocol changes. Additionally, regulations, adoption by businesses and governments, cryptocurrency exchange security breaches, and other significant real-world events can all influence the price of COTI. Consequently, the market capitalization of COTI can experience substantial fluctuations over short periods.
  For accurate COTI price forecasting, traders often monitor the activities of COTI “whales”—large holders of the cryptocurrency. Given that the COTI market is relatively small compared to traditional financial markets, these whales can exert considerable influence on COTI’s price movements. Keeping an eye on whale activities can provide valuable insights into potential price trends and market shifts.