Home Cryptocurrency News Bitmax confirms that COTI is available for Fiat purchase

Bitmax confirms that COTI is available for Fiat purchase

COTI is the 1st blockchain protocol in the world that has been optimized for decentralized payments. It has been specifically designed to be used by payment dApps, stable coin issuers, and merchants. Their first app is COTI Pay, which has more than 80,000 users and 5,000 merchants. If anyone is looking for virtual currencies with a good return, then COTI can be a profitable option. It is estimated that an investment of USD 100 can fetch you up to USD 404 in 2025. COTI has its first listing on the digital asset platform KuCoin and launched the MainNet. They moved to their 2nd listing with Bitmax.io, which took place on July 3 and was based on ERC20 tokens. The best part is that if one has COTI coins in KuCoin, then an instant swap can be made to COTI ERC20 tokens in Bitmax.

For those who are still not aware, Bitmax is a crypto exchange that caters to the crypto space through more than 60 active markets. It is a user-based value exchange system that is entirely blockchain-driven. A quick look at the Bitmax exchange will reveal that it also offers margin trading apart from spot trading. It has its utility token known as BitMax Token (BTMX) and is the primary unit of exchange at this digital asset platform. The ERC20 tokens of COTI can be purchased directly on Bitmax with your credit card, thereby adding a layer of liquidity to COTI. It is to be noted that COTI is the 7th coin available for fiat purchase on Bitmax. To promote the new listing, Bitmax offers a special offer – a 100% fee subsidy on the payments made by credit or debit card to the top 50 verified users on the Bitmax. The promotion will end on August 27, 2020.

Marisol Contreras
Marisol Contreras
Marisol is a crypto analyst and crypto trader. She invests in various cryptocurrencies and has a great idea about the finance market. She works as a chief editor of our team and makes the latest crypto news. She can be contacted by email: marisol@forexnews.world.

Must Read

Export Retention Standardized for All Sectors by RBZ

The Reserve Bank of Zimbabwe announced on August 21 that it had set the threshold for foreign currency retention at 70% for all exporters....

Bitmax confirms that COTI is available for Fiat purchase

COTI is the 1st blockchain protocol in the world that has been optimized for decentralized payments. It has been specifically designed to be used...

Fiscal Stimulus of $306 Billion to Revive the Power Distribution Sector of India

The Covid-19 pandemic has brought the power distribution companies (DISCOMS) in India to their knees. They are currently facing massive cash flow problems and...

Dollar Moves Higher Due to Positive Sentiments in the Currency Markets

The dollar moved higher today, snapping a seven week-long losing streak. It was supported by stronger jobs data and global currency market demand for...

No Consensus by Lawmakers on U.S Fiscal Package—Dollar Takes A Hit

As U.S lawmakers, the Republicans and the Democrats fail to reach a consensus on the way forward for an economic stimulus package, the dollar...