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Guys, is there any plans to add native coin to

Binance?
Cause this price difference from Kucoin and Binance is really annoying.. I mean imagine taking out rewards end of year and then you have to sell them much cheaper on Kucoin.. So basically you throw away rewards, bcs there is such a huge difference.

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We currently don't have such plans, maybe in the future

Crypto Taurus- Автор вопроса
Ben G | COTI | Will never DM you first!
We currently don't have such plans, maybe in the f...

Thats not good to hear to be honest.. Soo we dont have a choice actually, but to sell in loss when exiting rewards from Treasury

Crypto Taurus
Thats not good to hear to be honest.. Soo we dont ...

I agree, It’s like saying you have a bank account where you can deposit but only can take out with a loss. It’s not right!

Crypto Taurus
Thats not good to hear to be honest.. Soo we dont ...

Well, not really. You bought the native token at a discount as well (compared to binance price) - unless you used the bridge to convert from ERC20 to native. You'll just lose out on more profit, which can indeed be annoying but it is how it is.. Djed should increase the native token utility, so hopefully that influences the native token price. And now that the bridge is open regularly again, the price difference should get smaller and smaller. I don't see binance happening until ledger support is here

Crypto Taurus- Автор вопроса
R R
I agree, It’s like saying you have a bank account ...

Yes, It doesnt make sense.. This is on my mind for a while now.. Before we locked our coins into Treasury.. You keep staking for a year for example, take out rewards.. Leave main deposit in! But in the end you sell on Kucoin for 0.014c less than on Binance. With example of 50.000 Coti rewards, thats horrible difference to sell at 700USD loss than on Binance lol 😆

Crypto Taurus- Автор вопроса
Fireflight
Well, not really. You bought the native token at a...

I bought on Binance, always.. Then used bridge for Treasury.. But vice verse bridge is very very limited and closed in an hour or two per day.

Crypto Taurus
I bought on Binance, always.. Then used bridge for...

Ah, bummer. If you are buying, you should use kucoin since it's cheaper and you don't need a bridge to send to viper wallet. Indeed, the bridge is very limited

Crypto Taurus- Автор вопроса

I dont like Kucoin, bcs its volume is crappy and bots are annoying as hell.. They override your limit offers with tick higher always. I dont have Huobi account dow.. But Im not gonna make it just for Coti either

Crypto Taurus
I dont like Kucoin, bcs its volume is crappy and b...

Yeah, those bots can be annoying :p Having binance support the native token would be the bomb, so hoping to see it sooner then later as well. But first ledger support needs to be here, since that is one of the requirements for binance I believe

Fireflight
Yeah, those bots can be annoying :p Having binance...

Don't think so. They support dozens of coins not supported by a hardware wallet

Binance native listing would be a blessing.

Crypto Taurus- Автор вопроса
Mr. Not In Use
Binance native listing would be a blessing.

Yeah, I dont think Coti team realizes that.. How good that would be

Crypto Taurus
I bought on Binance, always.. Then used bridge for...

Why would you bridge erc20 to native and loose money? You should definitely sell erc20 and with that usdt buy native.

Crypto Taurus- Автор вопроса
Strahinja Čolić
Why would you bridge erc20 to native and loose mon...

Im all in Treasury.. No other way to go out, just Kucoin and Huobi.. Where prices are smaller than on Binance.

Crypto Taurus
Im all in Treasury.. No other way to go out, just ...

My point is that you should go from kucoin or huobi to treasury, not from binance

Crypto Taurus- Автор вопроса

Im not gonna send that much money from Binance to Kucoin.. No way Jose lol.. 😶 😁 I trust Binance much much more than those two smaller exchanges, where you barely can trade anything, not to lose nerves bcs of wash trading and bots

Crypto Taurus
Im not gonna send that much money from Binance to ...

These are not small exchanges, just Binance is the biggest

Crypto Taurus- Автор вопроса
Strahinja Čolić
These are not small exchanges, just Binance is the...

Well volume on Binance is sometimes 5-10x times, compared to both those two combined

Strahinja Čolić
My point is that you should go from kucoin or huob...

Bought mine on Binance a while ago and got them in the treasury now. But if I want out I’ll have to go w the bridge which is a PITA!

R R
Bought mine on Binance a while ago and got them in...

I don't know man. I would never bridge to cheaper token... I sold on binance and bought 7-8% more coti on huobi.

Crypto Taurus- Автор вопроса
R R
Bought mine on Binance a while ago and got them in...

But bridge is more or less useless for native to erc20.. Closed mostly or extremely poor liquidity

Strahinja Čolić
I don't know man. I would never bridge to cheaper ...

But yeah, if you want 300k or something that might take time to buy at desired price.

Crypto Taurus- Автор вопроса
Strahinja Čolić
But yeah, if you want 300k or something that might...

Yes, thats the one problem.. Second are withdraw limits on both exchanges, 2 BTC I think daily.. Third is security on Kucoin (hacked before), not gonna put a lot of money there. etc etc

Strahinja Čolić
I don't know man. I would never bridge to cheaper ...

Yes but since I bought higher on Binance I’ll have sell on Binance and then buy native. 7-8% gain is not a bad deal!

Crypto Taurus- Автор вопроса
R R
Yes but since I bought higher on Binance I’ll have...

If you will be able to get out thru bridge to erc20 again lol

Crypto Taurus
Yes, thats the one problem.. Second are withdraw l...

I trust more those who were already hacked. As some billionaire said "I don't partner with you if you haven't failed at least two businesses before" or something like that :)

Crypto Taurus- Автор вопроса
Strahinja Čolić
I trust more those who were already hacked. As som...

Haha.. I surely wouldnt think about it that way regarding crypto and hack.. No way! Binance has 100% more trust from me than Kuco

Strahinja Čolić
Binance is safer no doubt. But no guts no glory

This is a problem whomever holds large quantities of COTI.

No one lost any funds due to kucoin hack, they were completely reimbursed. And they learned from it and increased their security, so I trust them. But I never leave a lot of funds in an exchange anyway, only my trading bags :)

Crypto Taurus- Автор вопроса
Fireflight
No one lost any funds due to kucoin hack, they wer...

True, pretty much everything wad refunded, but still.. Binance vs Kucoin in trading volumes is monster of difference.. Coins choices, big difference.. Earn, savings, staking options, big difference.. Withdrawal options, a lot of difference.. Its just totally new level. Its like comparing Ferrari to Seat

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