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COTI

COTI

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Market

Market stats

Market cap

$71.6M

Volume (24h)

$3.5M

Circulating supply

1.3B COTI

Typical hold time

31 days

Popularity

#393

All time high

$0.68

Price change (1h)

-0.29%

Price change (24h)

-1.24%

Price change (7d)

+3.33%

About COTI

COTI is a token that powers Coti, a project that describes itself as a “DAG (directed acyclic graph) protocol optimized for creating decentralized payment networks and stable coins.” Coti uses Trustchain, a decentralized ledger that can process over 100,000 transactions per second, to power online and offline payments, loyalty payments, stablecoins, and more. Note: Coinbase currently only supports COTI running on the Ethereum blockchain (ERC-20).

What is COTI?

COTI (COTI) is a fintech platform that aims to empower organizations to create their own payment solutions and digitize any form of currency. It is among the initial blockchain protocols optimized for decentralized payments, designed for use by merchants, governments, payment DApps, and stablecoin issuers. COTI Pay, the first application, is a finance platform on the blockchain. The COTI ecosystem strives to address challenges associated with traditional finance, such as latency, fees, global inclusion, and risks, through a DAG-based protocol and infrastructure that is scalable, private, inclusive, and fast.

How does COTI work?

COTI operates on a DAG-based protocol and a Trustchain algorithm, which forms the basis of its infrastructure. Above this layer lies the services layer, Coti X, which offers KYC and compliance, interoperability exchange, buyer-seller protections, and stability frameworks. COTI uses a hash table as its data structure based on chaining, which secures the computing and privacy of customers. The COTI wallet, based on the React Native Framework, provides cross-platform functionality and portability. It requires user credentials and is paired with 2FA login to establish a connection with the node manager, ensuring all communication requires the wallet’s seed, validating all messages and preventing spoofing or manipulation.

What are the potential use cases for COTI?

COTI's platform aims to enable companies to create advanced fintech products and potentially save time, data, and resources. It can process every kind of payment type, both online and offline, including crypto and stablecoins, credit cards, and even native coins. It also aims to provide built-in financing, with potential compensation from deposits and loans. COTI is also optimized for the creation of stable price coins, allowing users to issue their own stable coin and regain full control over their assets and data. This makes it a potential tool for businesses, governments, and individuals looking for a versatile, decentralized payment solution.

What is the history of COTI?

The COTI Group was launched in March of 2017, with the Staking Platform launching on January 1, 2020. The platform aims to be an enterprise-grade fintech platform that strives to empower organizations to build their own payment solutions and digitize any currency. Over time, COTI has developed an ecosystem that provides robust cybersecurity measures around data integrity and confidentiality. It has also introduced a unique platform that enables companies to create advanced fintech products, thereby potentially saving time, data, and resources.

Related Assets

Coinbase Bytes

Coinbase Bytes

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COTI is on the rise this week.

The price of COTI has risen by 3.33% in the past 7 days. The price declined by 1.24% in the last 24 hours. In just the past hour, the price shrunk by 0.29%. The current price is $0.0559 per COTI. COTI is 91.78% below the all time high of $0.68.

The current circulating supply is 1,277,435,048.3 COTI.

FAQ

What is the current price of COTI?

We update our COTI to USD currency in real-time. Get the live price of COTI on Coinbase.

What is the market cap of COTI?

The current market cap of COTI is $71.56M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of COTI?

The all-time high of COTI is $0.68. This all-time high is highest price paid for COTI since it was launched.

What is the 24 hour trading volume of COTI?

Over the last 24 hours, the trading volume of COTI is $3.55M.

What other assets are similar to COTI?

Assets that have a similar market cap to COTI include Artificial Liquid Intelligence, Bifrost (BFC), Sweat Economy, and many others. To see a full list, see our comparable market cap assets.

How many COTI are there?

The current circulating supply of COTI is 1.3 billion.

What is the typical holding time of COTI?

The median time that Coinbase customers hold COTI before selling it or sending it to another account or address is 31 days.

What is the relative popularity of COTI?

COTI ranks 92 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of COTI?

Currently, 95% of Coinbase users are buying COTI. In other words, 95% of Coinbase customers have increased their net position in COTI over the past 24 hours through trading.

Can I buy COTI on Coinbase?

Yes, COTI is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy COTI guide.

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