Guest Post by COTI: COTI’s Treasury — Fee Structure Update | CoinMarketCap (2024)

FAQs

What is the withdrawal fee for Coti? ›

Withdrawal fee:

In the new model, the withdrawal fee will be dynamic, and will take into account the duration of the deposit, regardless of the locking period. The longer the deposit is kept in the Treasury, the lower the withdrawal fee will be, going as low as 0.4%.

COTI's Treasury is a pool of $COTI where users can deposit any amount of $COTI and earn rewards for their participation. By choosing the amount of $COTI to deposit, a multiplier, and a lock period, users can customize their risk levels and potential APY.

Banks levy this fee when a withdrawal (such as a check, debit card payment or direct debit) exceeds the available balance in your account.

Each transaction is made up of data, which is measured in bytes. More complicated transactions involve more data and so are more expensive. Generally speaking, this means higher value transactions (involving more bitcoin) consume more data, and so require higher transaction fees. However, it's not exactly that simple.

Price of COTI today

The live price of COTI is $ 0.116707 per (COTI / USD) with a current market cap of $ 183.54M USD. 24-hour trading volume is $ 6.62M USD. COTI to USD price is updated in real-time. COTI is -1.71% in the last 24 hours with a circulating supply of 1.57B.

Based on your price prediction input for COTI, the value of COTI is projected to increase by 5%, potentially reaching $ 0.135347 in the next 30 days.

Connect your bank account or debit card: In order to transfer money from CoinMarketCap to Cash App, you will need to link your bank account or debit card to your Cash App account. This will allow you to add funds to your Cash App balance.

A wallet address typically identifies the wallet's location on a blockchain network. A wallet address is just like a unique email address. You can send or receive cryptocurrency on your wallet address, just like you would send or receive an email. A crypto wallet contains two key pairs – private keys and public keys.

Once the free withdrawal limit is reached, you will be automatically charged a fee incurred by the relevant blockchain network. The fee is not fixed as it depends on the current condition of the blockchain, which can be affected by several factors such as market volatility, price fluctuations, network congestion, etc.

What is the cost of COTI? ›

Latest Price | COTI (COTI)/Indian Rupee (INR) at 10.10.

Withdrawals- Fees & Limits

As with all blockchain transactions, they come with a fee. Note: Transferring crypto to your Crypto.com Wallet App's address will also incur a fee if completed on-chain. To avoid a fee, please use the Withdraw to App function.

Apart from standard miner fees, Crypto.com charges about $0,25 in the token you want to withdraw as withdrawal fees.