Binance.US does NOT provide investment, legal, or tax advice in any manner or form. All information is provided on an as-is basis and is subject to change without notice, we make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability or completeness of any such information. Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice and (2) relied upon for any investment activities. Trading opened 24 hours later, along with the "Buy Crypto" functionality.ĭownload the Binance.US app to trade on the go: iOS | Androidįollow us on social media to stay up to date with Binance.US news and announcements: Am I eligible for Binance Earn As long as you have the minimum amount of cryptocurrency indicated in your chosen product, and you have completed all necessary Identity Verification checks, you are good to go. Deposits for COTI first opened on Apat 5 a.m. You can choose from dozens of digital assets like Bitcoin, Ethereum, and stablecoins. Note: This article was last updated on April 6, 2022. For more information on the networks that Binance.US supports, consult our full list of supported assets and networks. We will be unable to recover tokens sent to the wrong network address. *Please note that Binance.US supports Ethereum (ERC20) and BNB Smart Chain (BEP20) COTI deposits and withdrawals. Trade COTI (COTI) on the COTI/USD and COTI/USDT pairsī uy COTI (COTI) with Bank Transfer (ACH), Debit Card, or Wire Transfer.ĭeposits and withdrawals are now open for ERC20 and BEP20 COTI*. In addition, they are used for staking, paying transaction fees within the COTI ecosystem, and as collateral that merchants need to put up to cover costs in case of lost disputes. What is COTI (COTI)?ĬOTI tokens serve as a medium of exchange for payments between COTI users and their respective customers. To run a node, potential operators must stake COTI to help secure the network in exchange for token rewards. Trust scores are calculated based on a variety of factors, including the user’s Know-Your-Customer (KYC) and Anti-Money Laundering (AML) information, current account balance, record of disputes, and more. The COTI Network uses a proprietary Proof-of-Trust (PoT) consensus mechanism known as Trustchain, that relies on nodes to verify transactions based on trust scores. ![]() In addition to building payment solutions, users can issue their own stablecoins pegged to an asset of their choosing, resolve disputes between merchants and customers using COTI’s dispute resolution system, access financing opportunities, deploy blockchain-powered loyalty programs, and more. The COTI ecosystem prioritizes scalability and speed, offering users instant settlements for cross-border payments, along with low transaction fees. COTI serves as the native token of the COTI ecosystem, which enables merchants, financial organizations, and payment service providers to easily build and launch their own payment solutions. Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.Subscriptions will close on a certain product once the maximum limit is reached.Amounts subscribed to Binance Savings products will not be able to receive corresponding staking rewards.Interest Calculation Period: 5 12:00 PM (UTC) to the end of each respective product period.Subscription Period: From 4 12:00 PM (UTC) to 5 12:00 PM (UTC).Subscription Format: First-come-first-served basis.Savings Activity Product Details ( Subscribe now ) The extra reward will be distributed within 2 weeks after maturity. New users registered on Binance from 4 12:00 PM (UTC) to 1 12:00 PM (UTC) will enjoy an additional 6% APR reward on DREP's 7-day savings product. Locked Savings Product Details ( Subscribe now ) Binance has added COTI, DREP and ERD to the list of supported assets on Savings, a value-added service to Binance users who hold idle digital assets.įlexible Savings Product Details ( Subscribe now )
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