COTI crypto or COTI coin is an excellent investment opportunity. It’s one of the most promising cryptocurrencies of 2021. But before you buy COTI cryptocurrency, there are a few things you should consider.
Buying COTI crypto can be a little confusing. We’ll show you where to buy COTI cryptocurrency, how to buy COTI coins, and what you should consider when buying COTI.
COTI can be purchased online, but you’ll need to do a few things to make your purchase:
As an investment, COTI can be sold off easily. You’ll want to use the same, or a similar, crypto exchange to sell on. You’ll need to place a sell order on the exchange and complete the transaction.
Some buyers have been able to purchase their coins using Apple Pay and similar methods. But others have also purchased either BTC or ETH and then make a transfer to a marketplace that is selling COTI to complete the transactions.
There are currently 670 million coins available with a market cap of $180 million. The price of a coin is between $0.27 and $0.28 today, but like any cryptocurrency, prices can be volatile and fluctuate a lot.
COTI uses the COTI platform for all transactions. The platform is easily scaled to handle over 100,000 transactions every second thanks to using the multi-DAG infrastructure.
When buying into this crypto, it’s important to know that it uses what’s known as a delegated proof of stake (DPoS) model.
What does DPoS mean?
DPoS means that token holders are delegates and can vote. These delegates are the people who verify transactions on the blockchain.
So, in a way, token holders are the ones who control the network. This makes it a platform that is more centralized than, say, Bitcoin.
A few additional things to consider if you want to invest in COTI crypto are:
You’ll want to also make sure that you have a COTI wallet setup. The only wallet that is designed to support the coin is a COTI wallet. You won’t be able to send them to your TrustWallet or another wallet that you may be using.
The current COTI price is favorable making early investment affordable.
Disclaimer: The above references an opinion of the author and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
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