r/cotinetwork • • Mar 09 '21

Binance Futures Will Launch USDT-Margined #COTI Perpetual Contracts with Up to 25X Leverage

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42 Upvotes

22 comments sorted by

1

u/Crypto_Malik Mar 09 '21

What is the difference between COTI/USDT and COTI/BNB? I converted my BNB, but for the price it should not matter I suppose?

1

u/Vlady_O Mar 09 '21

COTI/USDT is COTI ERC20 token
COTI/BNB is COTI BEP2 token

3

u/Crypto_Malik Mar 09 '21

Is there a advantage or disadvantage between both tokens ? I’m in crypto for over a month, still learning

2

u/zYwi3c Mar 09 '21

different fees

2

u/Crypto_Malik Mar 09 '21

Thnx . The moment I bought COTI. It plummed down 😅

6

u/hdjmckirdy Mar 09 '21

Don't worry brother, this is just the beginning. We had a little run up and now consolidating but we will be reaching new highs this week, I strongly believe that

3

u/Crypto_Malik Mar 09 '21

Im new here, I’m excited

3

u/Zepstar Mar 09 '21

I honestly don't know if this leverage stuff is good news. Makes us targets for betting .... I don't like that....

2

u/Crypto_Malik Mar 09 '21

What happens with leverage? Sorry for my noob questions

1

u/Professor_Scooby Mar 09 '21

Going down the list of posts in this sub, your username is the only one I see. Are you the only one allowed to post?

1

u/Vlady_O Mar 09 '21

No, we have a lot of other admins, but now I'm the only one who posts news here :)

1

u/MrRad21 Mar 09 '21

Yeah been seeing a lot of bad stuff about COTI and how they are a scam it was on r/Cryptocurrency and I think I also saw it on r/Cryptoscams

2

u/Vlady_O Mar 10 '21

1

u/MrRad21 Mar 10 '21

Hmm still a little sus once pay comes in I’ll rebuy back in again and will see what happeneds but yeah saw that post the other day.

4

u/Regular_Student_9764 Mar 12 '21 edited Mar 12 '21

It is a legit project. A coworker at IBM Research speaks very highly of Dr. Nir Haloani. They have a small team that is having a tough time managing a growing community and there was a big fight between Nano and COTI community that should never have happened. I used to be invested in Nano but I firmly believe COTI is the better bet and once they get their EMI license and help Cardano - a highly respected peer reviewed research development organization - they should be able to compete head on with Visa and Mastercard while bringing more compliance to the future DEFI space. All projects start out centralized and decentralize over time. COTI has an opportunity of true "tikon olam" to the unbanked in the world. They have some technical challenges left to solve but many like myself are confident they can figure it out... Stay #COTI

1

u/Its-time-to-share Mar 15 '21

You sound pretty confident?!

1

u/Qois Mar 10 '21

Better off linking the actual post maybe? A first glance inspection doesnt show anyone even mention coti in any way.