Singaporean crypto exchange BitMax listed COTI, native token of the Ethereum-based COTI Network on Thursday. COTI will now be available for purchase using debit and credit cards for BitMax users, making it the seventh coin available for fiat purchases after ETH, BTC, XRP, BCH, LTC, and XLM. In the official tweet, COTI said that as part of the celebration on fiat listing, it is offering users a chance to get a 100% payment subsidy.
COTI’s ERC-20 token can be directly purchased on @BitMax_Official with a credit and debit card, adding more liquidity to COTI. To celebrate this new Fiat listing, you have the chance to get selected for a 100% fee subsidy on your payment. https://t.co/5HvF7c3ZCo pic.twitter.com/dFKeJJekNb
— COTI (@COTInetwork) August 20, 2020
COTI Network is a Gibraltar based decentralized payments platform focused on building a decentralized economy for the future. As part of its vision, COTI aims to make the exchange of value between users more accessible and as convenient as sharing information over the internet.
BitMax, on the other hand, is one of the leading crypto trading networks in Singapore and Asia. In a blog post on its website, BitMax informed that the top 50 users by COTI purchase volume would get a chance to avail 100% refund of transaction fees in the form of COTI tokens, up to 100 USDT. The offer, which began yesterday at 10 am EDT, will be valid till 10 am EDT on August 27.