What is COTI used for?

COTI is that of rapid, secure, and scalable digital payment. It promotes stable coin offering, merchant services, decentralized finance (DeFi), and loyalty programs.

How is COTI different from the other cryptocurrencies?

Where most of the blockchain uses the traditional consensus methods, COTI uses the special DAG-based protocol called Trustchain, which supports more than 100 000 transactions per second.

On what basis does COTI put forward? Is it a blockchain or DAG project?

It is different from the traditional blockchain because COTI is based on a DAG (Directed Acyclic Graph) model. This structure increases the scalability and drops down the transaction fees.

What is Trustchain in COTI?

Trustchain is COTI’s special algorithm of consensus. It makes use of trust scores and DAG structure in verifying transactions efficiently minus miners.

Can COTI be used by enterprises to make payment solutions?

Yes. COTI offers a white-label option, according to which enterprises will be able to develop their own branded payment systems – stablecoins, digital wallets.

Where is it possible to purchase and sell COTI tokens?

COTI can be bought from major exchanges such as Binance, Coinbase, KuCoin and Gate.io. You can use USDT, BTC, or Fiat pairs in order to trade it.

Does COTI support stablecoins?

Yes. COTI allows the creation and running of stablecoins, like the Djed stablecoin jointly made with Cardano.

Is COTI compliant with regulations?

COTI is highly focused on compliance with providing KYC and AML support to the companies engaging in business that face compliance.

Which wallets support COTI?

COTI could be saved in the official COTI wallet for the Pay, as well as in the third-party wallet such as Trust Wallet, Ledger, Trezor, and Atomic Wallet.

What is the future situation of COTI?

COTI’s roadmap involves further integration with traditional finance, scaling up the enterprise usage, and further scaling up privacy feats such as Garbled Circuits.

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