What is COTI? What can COTI do? How to store COTI?

COTI provides businesses with a comprehensive suite of blockchain solutions, including stablecoin issuance and cryptocurrency payment processing, enabling them to adopt decentralized technologies seamlessly.

Nov 01, 2024 at 02:13 pm

1. What is COTI?

COTI (Currency of the Internet) is a protocol that builds blockchain solutions for businesses and helps them adopt decentralized technologies. It provides enterprises with a toolkit to create digital currencies, build payment platforms, and develop other blockchain-based applications.

2. What can COTI do?

COTI offers a comprehensive set of services, including:

Stablecoin issuance: COTI's Trustchain allows businesses to issue their own stablecoins backed by fiat currencies such as the US dollar or Euro.
Payment processing: COTI's Merchant API enables businesses to accept cryptocurrency payments seamlessly, reducing fees and increasing transaction speeds.
Decentralized finance (DeFi): COTI's ecosystem includes DeFi products such as staking, yield farming, and decentralized lending.
Blockchain Infrastructure: COTI provides blockchain infrastructure solutions to businesses, including consensus algorithms, smart contract development, and multi-asset wallets.

3. How to store COTI?

COTI (COTI) can be stored in various ways:

Hardware Wallets: Ledger Nano X and Trezor Model T hardware wallets support COTI storage.
Software Wallets: COTI's official native wallet, COTI Pay, as well as Exodus, Trust Wallet, and Atomic Wallet support COTI storage.
Cryptocurrency Exchanges: COTI is available for purchase and storage on a number of cryptocurrency exchanges, such as Binance, Coinbase, and Huobi.
Desktop and Mobile Clients: COTI's own desktop and mobile clients (COTI-X) can be used to receive, send, and store COTI tokens securely.

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