Orion and COTI Partnership Picks Off August Trading!
$COTI and $GOVI added to Orion Pool
Decentralized exchanges (DEXs) are on the rise, making it easier than ever to create and market different tokens. However, centralized exchanges (CEXs) are still dominating crypto markets. Yet building the path to a fully decentralized digital asset marketplace is critical for the future of cryptocurrency trading.
Most recently, COTI announced a new partnership with Orion Protocol to provide interested parties with easier access to $COTI (BEP20) and $GOVI across both DEXs and CEXs. More specifically, both of these digital assets were added to the Orion Pool on August 9th.
This partnership lets traders access $COTI and $GOVI globally, without third-party interference. Both $COTI and $GOVI can now be traded at the best prices across CEXs and DEXs. Moreover, liquidity providers for the COTI/BNB and GOVI/ETH pools are now able to earn 0.3% pool fees and farming rewards.
It’s also important to mention that users will not be required to have an account or provide know-your-customer (KYC) details to access $COTI and $GOVI within the Orion Pool. This is all possible because the Orion Terminal is the only trading platform that allows decentralized access to both CEXs and swap pools in one place. This provides traders with a single portal they can use for trading, staking, and governance voting.
The launch of this pool marks the first stage of an exciting, long-term partnership between Orion and COTI. You can read more about this news here.
Also, be sure to watch the interview with COTI’s CEO, Shahaf Bar-Geffen, and Orion Protocol’s chief marketing officer, Timothea Horwell, on YouTube.
COTI’s bank account and Visa debit cards are coming soon
As cryptocurrency continues to go mainstream, it’s no surprise that “crypto debit cards” have become insanely popular. To put this in perspective, Visa announced on July 7th that spending via its crypto-based debit cards surpassed $1 billion during the first half of this year. In turn, payment giants like Visa and Mastercard are taking a number of steps to facilitate crypto-enabled debit cards.
As crypto debit cards gain popularity, COTI is thrilled to announce the upcoming release of our very own Visa debit card. COTI’s “Visa Debit Cards” program will allow users to have a crypto-friend bank account with similar advantages to that of a traditional European bank account. For instance, there will be multiple fiat upload options for users, including selling crypto, debit card top-ups and bank wires. COTI’s Visa debit cards also let users withdraw fiat from ATMs, or when buying crypto and via bank wires.
Most importantly, the fees to use COTI’s Visa debit card are extremely low, resulting in just a few dozen Euros per month. The debit card is entirely free with some of the lowest usage fees in the market at 0.7%. With over 1.6 billion adults unbanked globally, we hope that our new Visa debit card will make an impact for those seeking financial freedom.
You can read more about our Visa Debit Cards program here.
NFT summer continues… raffle #3 results are in
NFTs continue to heat up summer 2021, proving that a fully digital world is very possible in the future. Data from DappRadar show that NFT sales on OpenSea — the major NFT marketplace — exceeded $879 million in the past 30 days alone.
Given the continued popularity of NFTs, COTI is pleased to announce that our third weekly seasonal NFT raffle results are in — 205 winners received prizes this time around. Prizes included 15 common NFTs, 1,000 $COTI tokens, 170 VIPER Collection NFTs, and 20 of the legendary NFTs.
You can read more about this news here.
You can also join our NFT game for the chance to win up to 2,000,000 $COTI. Check out our Game Guide to learn more.
New version of COTI Pay VIPER launched for iOS
Finally, the COTI team remains hard at work building the future of decentralized finance. Most recently we announced that the iOS version of COTI Pay VIPER has launched. COTI Pay Viper was officially released on the Apple app store on June 18, making COTI’s VIPER wallet accessible to anyone globally.
While the first version of our iOS app included a number of user-friendly features, the latest version includes facial recognition, a Full Staking 3.0 console, an interoperability bridge section, and a number of bug fixes.
You can read more about our latest app updates here.
Meet the team behind COTI
Please meet Guy Mesika, Development and Technology team leader for COTI. Over the last 15 years, he has worked in several tech and development roles. For the last 8 years, Guy has been a senior development team leader, which has given him hands-on experience building products from scratch. He is a highly skilled professional, who has substantial experience in development, tech, and management. Guy holds a BSc in Software Engineering.
For all of our updates and to join the conversation, be sure to check out our channels:
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf