trade COTI inr

What is the New Coti/INR pair on Pi42?

Greetings, Pi42 traders! We’re excited to announce the arrival of Coti Pay (COTI) on our platform. Now, you can seamlessly buy, sell, and trade COTI with Indian Rupees (INR) right here on Pi42.

What is Coti Pay (COTI)?

Launched in 2017, Coti Pay is a next-generation payment solution built on blockchain technology. It aims to revolutionise the payments landscape by offering:

  • Universal Payment Acceptance: Coti facilitates seamless acceptance of various digital currencies and traditional payment methods, enabling smooth cross-border transactions.
  • Enhanced Security: Built on a secure blockchain infrastructure, Coti prioritises user privacy and protects sensitive financial data.
  • Scalable Infrastructure: Coti boasts a highly scalable architecture designed to handle large transaction volumes efficiently.

Key Features of Coti Pay:

  • Decentralised Payment Processing: Reduces reliance on centralised payment networks, potentially lowering fees and increasing transaction speed.
  • Multicurrency Support: Enables users to send and receive payments in various cryptocurrencies and fiat currencies (including INR).
  • Flexible Use Cases: Coti caters to a wide range of applications, including online payments, e-commerce transactions, and in-game purchases.

Trading COTI/INR on Pi42:

Ready to explore the potential of Coti Pay? Here’s a quick guide to get started:

  1. Login: Access your Pi42 account.
  1. Navigate: Head to the trading terminal.
  1. Select the Pair: Choose COTI/INR from the dropdown menu.
  1. Define your Position: Enter the desired investment amount, select your preferred leverage (if applicable), and adjust the percentage according to minimum asset requirements.
  1. Set Limits (Optional): Establish Take Profit and Stop Loss orders to manage risk.
  1. Execute your Trade: Click Buy/Long or Sell/Short based on your market analysis.
  1. Track your Trade: Monitor your open positions in the “Orders and Positions” section below the trading chart.

Unlock the Future of Payments with Coti Pay

Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.