Hey All,
Apart from COTi that I have staked in COTi treasury on Viper wallet, I had 40K+ COTi ERC20 tokens lying ideal on Binance. I had kept these tokens just incase there would have be been a sudden spike in the price of COTi due to the mainnet launch. I had plans to book profits and then buy back at a lower cost. But this didn't go as planned since the price of COTi didn't surge rather all the major crypto tokens are being traded at a lower price which they should be trading at. Anyways long story short, I wanted to be on a safer side by not keeping a large chunk of crypto in a CEX [Centralized Exchange] and hence decided to move all the COti to my metamask wallet. Not your Keys Not your Crypto its that SIMPLE...
#COTI - Withdrawal of COTI from Binance - My Strategy Ahead...
So now what next? That's a good question to ask and my answer here is that I am planning to park these funds in the new CoTi V2 treasury and reap the benefits of higher APR which at the moment is higher than 48% and it keeps fluctuating mind you based on the health factor, the number of days you lock your COTi and plus the major being the boost given if you have 1:1 ratio gCoti staked as well. Meaning if you stake 5000 Coti and along with that you stake 5000 gCoti then the boost applied to the APRs is like 24% more. Therefore I would suggest if incase you plan to stake COTi tokens then ensure you are staking similar amount of gcoti tokens for higher returns. For now I haven't entered the COTI’s Treasury as indicated its is a pool of $COTI where users can deposit $COTI and be rewarded for their participation. Right now I am getting all these 40K+ Coti and gCoti accumulated which is almost done. I further need to gain some more understanding entering the Coti V2 treasury and then the finally step is entering the treasury for more COti rewards. My next couple of post would be focused more on COTI so stay tuned and guess what this should be it for todays post on - "Plan for #COTI - Withdrawal of COTI from Binance - My Strategy Ahead". Interested then do yourself a favor to grab some coti and gcoti tokens now before they skyrocket and thank me later....& obviously DYOR... Stay Coti... Happy Investing... cheers
Have Your Say on COTI APRs - V2 upgrade is HERE - Link your MetaMask address to your VIPER wallet #COTI, #gCOTI token - HODL Vs SELL?
Did you link your Viper Wallet to MetaMask? Are you invested in #COTI token? Did you know about this bridge on the COTI platform that lets you to transfer your COTI from centralized exchange to a DEX? Are you staking COTI vs gCOTI? Would love to hear your thoughts around it in the comment box below?
Plan for #COTI - Withdrawal of COTI from Binance - My Strategy Ahead
#coti #gcoti #payment #rewards #treasury #staking #node #howto #transfer #crypto #cryptoofinternet #hodl #binance #bridge #currencyofinternet
Best Regards
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PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..