Visa Cryptocurrency

Know COTI crypto’s price prediction as its volume skyrockets

Know COTI crypto
Written by publishing team

The “internet currency,” or COTI cryptocurrency, is gaining interest from investors after COTI Group said users can now convert their COTI native coins into euros.

At the time of writing, COTI crypto is up 27 percent at $0.41 per token. Additionally, 24-hour trading volume increased over 500 percent to $243.9 million.

What is COTI and why is it rising?

COTI Group is a blockchain-based financial technology platform, offering financial products and services.

Launched in 2017, COTI was one of the first blockchain-based projects for decentralized payments. It was designed to enable governments and businesses to issue their own coins.

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The fintech platform claims to address issues related to traditional financial systems such as fees, response time, global inclusion, and risk.

On December 22, the COTI Group announced that users can now convert COTI originals into euros through their COTI bank account. In addition, users can use the transferred amount to spend through a COTI debit card.

If you don’t already have an account, you can create an account with an IBAN and then order a COTI debit card backed by VISA.

Read also: Is Crypto SuperStar legit or scam? Everything you want to know

Users can convert coins into fiat currency and spend it anywhere – online or in store with a debit card.

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The original utility token of the COTI group is the COTI cryptocurrency, and it has a circulating supply of 868.7 million tokens.

This cryptocurrency is currently trading 39 percent below its all-time high (ATH) of $0.67 per token. However, it is up 637 percent in the past 12 months.

Since COTI Group has a unique business model, COTI crypto could attract investors in the future, and may cross ATH sometime next year.

Read also: Why is Merit Circle Cryptocurrency Rising and Where to Buy MC Coin?

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