COTI is one of the high potential and most promising crypto projects currently available. To summarise the purpose of COTI‘s project, one can simply say that COTI will act as the currency of the internet. We believe that at its full potential, COTI can yield more returns than many other crypto coins available out there. Please do watch this video for further insights
We introduced COTI to our London investor’s community when the price was $0.30. See the current price action below;
Convinced by its potential, many members of our community have managed an early entry with COTI. It has been brought to our attention that there are plenty of investors who are new to cryptos within our own community who are still struggling to buy COTI in Binance. This article aims to take you through a step-by-step process of “how to purchase COTI in Binance”.
- Binance Account
To buy any kind of crypto, you need a platform, also referred to as an exchange. Binance is the largest crypto exchange in the world. Please note that although you can buy COTI through other exchanges, this article focuses only on how to do it via Binance.
If you already have a Binance account, you can move to step 2. If not, use the link below to download the binance app/ web version to open an account.
Please follow the instructions step by step in order to open your Binance account.
Once you completed, the front page of the Binance web app on your computer will look like this;
2. Deposit fund
This could be done in two ways: you can deposit either Cryptos or Fiat into your Binance account in order to buy COTI. To make the process easy, we are going to buy crypto using GBP (British Pound Sterling). On the top right corner of your binance webpage, click the option called buy crypto.
Click Bank deposit and choose Faster Payment for free fund transfer.
Enter the amount and conifrm
It may take a couple of hours for the funds to reach your Binance account when done for the first time. To check whether your deposit has arrived, click the wallet and Fiat and Spot at the top right corner of your binance web app.
Unfortunately, COTI cannot be purchased directly using GBP in Binance. Currently available duos are;
So in order to buy COTI, first you need to buy, USDT ( USD stable coin) or BNB ( Binance native coin) or BTC (Bitcoin).
To buy and sell you have to go to trades in your binance webapp
In the open page, click on the pair you would like to trade. See below for location;
On the right side of the screen, you can choose the amounts of coins that you would like to buy. Choose the limit option to control your buying price. For the price, it’s preferable to use bid/ask price, shown in red and green.
That is it. Congratulation, you have just purchased your COTI.
Once you have completed your trade, go to your wallet’s fiat and spot section to check your balance.
Purchasing COTI in Binance might look complicated at the outset. I can assure you that it is a rather straightforward process. With a little bit of practice, you would master this process. Hope some of you find this article helpful. Good luck