Following our previous announcement, we confirm that we have executed our first coin purchase from the open market.
Merchants need COTI’s native coin to pay their processing fees and COTI facilitates that by using the merchant’s revenue to buy coins from the open market.
As we onboard more merchants who process more transactions on the COTI network and as such require more COTI coins to pay for their processing fees, this will increase both the volume and frequency of our coin purchase program.
Stay COTI!
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Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf
Discord: https://discord.me/coti
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf