bitcoinBTC/USD
$ 19,149.07
ethereumETH/USD
$ 1,056.32
tetherUSDT/USD
$ 1.00
cardanoADA/USD
$ 0.449533
xrpXRP/USD
$ 0.316317
usd-coinUSDC/USD
$ 1.00

COTI Review – Is COTI a Good Investment?

COTI Review - Is COTI a Good Investment?

COTI is one of the oldest global blockchain protocols that facilitates decentralized payments with its application called COTI pay. It is also a program that provides financial technology products for governments and merchants. The protocol was first launched in March of 2017 and the staking program in January 2020. They also encourage organizations to design their own payment solutions. It has a 2 billion total supply of tokens and a 4 million maximum supply and trades as $0.431 as of writing. 

COTI Services

  • Security of COTI: COTI uses a ‘hash table data structure’ that automatically changes the pattern and ensures the security of data and customer privacy. It has also launched an infrastructure that can easily face various challenges such as fees, inclusion, latency, and risks. The ecosystem in the network provides enough cyber-security precautions to maintain confidentiality and integrity of data. So the network protocol is safe for traders i.e., both sellers and buyers.
  • Dedicated users: They have won the hearts of a large and dedicated population. They once had set a target of raising $3 million by public and private coin offering, and they successfully raised $10 million in their private sale.
  • The COTI Ecosystem: There are four participants in the COTI ecosystem: node operators, merchants, mediators, and end-users. This ecosystem can especially meet all the challenges related to traditional finance. Universal payment solutions and a proof-of-trust consensus algorithm are also the perks provided by the ecosystem of this protocol.

COTI Features

COTI Pay: It has the ability to process both online and offline payments for all types of coins, such as native coins, stable coins, fiat currency, etc.

COTI Pay
COTI Pay. Source: coti.io

White-label payment: COTI uses its own funding model to connect to white-label payment platforms. They refer to this network as users’ or merchants’ network to let them make transactions freely across a digital wallet.

White Label Payment
White-label payment. Source: coti.io

Loyalty Network: COTI has developed an end-to-end solution for building loyalty networks based on blockchain in order to increase profits and customer retention. While businesses are making new revenue streams, users are awarded loyalty tokens to their wallets.

Loyalty Network of COTI
Loyalty network. Source: coti.io

Stable coins: COTI had become the first protocol that created stable coins, which organizations to issue their own price-stable coins. One has full control over the currency and information of his/her own stable coin.

Stable Coins of COTI
Stable coins. Source: coti.io

Remittance Technology: COTI has developed a remittance solution that enables cross-border payment, making it more secure and efficient at low costs. It is a revolution in the field of remittance technology.

Remittance Technology of COTI
Remittance Technology. Source:  coti.io

Is COTI a Good Investment?

COTI is a beneficial investment this year, with a very high possibility of crossing the price of $0.5 at the end of 2021. It can reach $1.5 in the two to three years if the current bullish trend remains consistent. The present bearish trend offers a good opportunity for investors as they can buy COTI at low prices. However, investors need to make a careful analysis before getting financially involved in any cryptocurrency.

Where to Buy COTI?

You can trade COTI at most of the popularly used exchanges, e.g., Binance, Bitcoin.com Exchange, Coinbase Exchange, HitBTC, and KuCoin.

Also read:

Coti Price Prediction 2022 and Beyond – Can COTI Eventually Hit $1?

Cardano Launches New Stablecoin With Coti

Cardano Launches New Stablecoin With Coti

Takeaways

  • COTI is one of the first decentralized blockchains to introduce global payments and stable coins.
  • The protocol has a native token, ‘COTI’, that empowers the ecosystem.
  •  COTI is used in settling payments and in governing the protocol.
  • It is a good investment as it is expected to rise high in the near future.

Also read:

Related News

Is KuCoin Token a Good Investment – Should You Invest in KuCoin?

The cryptocurrency market saw one of the biggest bull runs in its history back in 2021. During this time, several tokens and cryptocurrencies made millionaires overnight. However, as the market grew, people began taking profits, leading to a market correction. In early 2022, the market was attempting to recover, but with everything that was happening around the world, it failed to do so.  One token that is performing well even during these

Read More »

Amulet vs. Coincover-Is Amulet Better Than Coincover?

  As cryptocurrencies and DeFi initiatives gain popularity year after year, the necessity for security in the expanding sector grows. Investors are constantly vulnerable to many forms of cyberattacks, including smart contract hacking, de-pegs, and even everyday crypto volatility. All of these reasons might make investing or simply playing with DeFi an unpleasant experience. As a result, new insurance protocols are necessary to address all of the current risks. Despite

Read More »

Here are 3 Reasons Why You Should Use KuCoin Exchange to Buy Cryptocurrency

KuCoin is a global exchange for cryptocurrencies that started operating in 2017. The platform enables trading in futures and margin products using an extensive selection of tokens. In addition, KuCoin is an attractive cryptocurrency exchange due to its low fees and extensive feature set. KuCoin’s extensive features, low fees, and a wide variety of cryptocurrencies make it an ideal platform for experienced and even new cryptocurrency traders. However, KuCoin lacks an operating

Read More »

My Coins

bitcoinBitcoin
$ 19,149.070.93%
ethereumEthereum
$ 1,056.320.77%
cardanoCardano
$ 0.4495330.72%
tetherTether
$ 1.000.02%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

sales@crypto-academy.org

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: sales@crypto-academy.org