What is 🌟Coti🌟?
In an era of “everything digital” currencies remain outdated.
Currently, it’s cheaper to pay in cash than to use banks, PayPal, Alipay and the like.
COTI is the first enterprise-grade fintech platform that empowers organizations to build their own payment solution and digitize any currency to save time and money
Initially, ERC-20 tokens will be issued for the purpose of providing an official record of tokens sold. Following the launch of the COTI main net, the ERC-20 tokens will be converted into tokens issued on the COTI network’s transaction ledger. The ERC-20 tokens are expected to be listed on at least one major exchange no later than the end of September 2018.
❇️COTI provides the 7 necessary
elements for a perfect payment
infrastructure:
👉1.Scalability
COTI can process over 100,000 TPS, compared to 25,000 TPS in traditional payment systems and up to 20 TPS in common blockchain protocols.
👉2.Simplicity
COTI’s user and merchant-facing tools are seamless and extremely easy to use.
👉3.Buyer-seller protections
COTI provides the first ever dispute resolution system to safeguard users against errors, fraud and counterparty abuse.
👉4.Cost-effectiveness
COTI cuts out intermediaries and eliminates the need for costly mining, which drastically reduces costs and energy consumption.
👉5.Price stability
COTI is creating price stability technology, which is necessary for the mass adoption of blockchain for payments.
👉6.Instantaneity
COTI’s technology makes transactions, P2P payments and remittances instant, instead of taking hours or days to clear.
👉7.Security
COTI’s distributed ledger technology eliminates a single point of failure for enhanced security.
❇️What Makes COTI Unique?
The thing that makes COTI unique is COTI’s platform.
This platform enables companies to effortlessly create advanced fintech products and save time, data and money. COTI pay can process every kind of payment type, both in terms of online payments as well as offline ones. This includes crypto and stablecoins, as well as credit cards and even native coins. It has built-in financing to boot, with interest earned on deposits and loans. This also connects with the white label payment network.
Traditional payment systems simply cost both merchants and customers amounts up to billions of dollars on an annual basis. As such, the white label payment network is a global payment network for users and merchants that make transactions freely throughout a digital wallet, coin and much more.
COTI is also the world’s first platform that is optimized for the creation of coins that are stable in price. As such, a user has the ability to issue their own stable coin and regain full control over both their money and their data.
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✅TECHNICAL ANALYSIS
As we can see in the weekly timeframe logarithmic chart , The current price roam about 0.23 $,
The price of coti token has been advancing in this ascending channel for more than 1 years and it has built floors and ceilings according to above And we see that he was able to get out of the enclosed channel, which can now play a supporting role and it is possible to visit it again, but it will be rebounded quickly. and the green boxes zone also , all of them act as supports. However, if the first green support is broken (which is unlikely due to the rising market conditions) It moves to the bottom of the channel, but in another scenario, which is more likely,
The price can move directly to the first target, or at least after rebounding on first support level, it will go to the $ 1.5 targets, and if the market supports with a longer-term view, even the amazing targets of the red zones , Can also be touched.
Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps), With proper capital and risk management and by setting stop-loss because everything in the market is based on probabilities and there is no certainty.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.