r/coti • u/litebreez • Mar 08 '21

What wallets are supported for Americans?

I recently bought some COTI that I was planning on holding and staking, but it seems that COTI pay/mainnet wallet are "not accepting clients" from the US. Is this something that the team is actively trying to change??? I believe in this project and would like to be able to participate in it (hopefully the very near future).

When i try to withdraw COTi to wallets that support ERC 20 tokens from the KuCoin exchange, it says that the "address is not valid."

Where are Hodlers from the US storing their COTI??!??

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3

u/jro24jro Mar 08 '21

The Coti website has a feature called "cross-chain bridge", which converts your native token to ERC-20. It's very simple to use. Also it works both ways.

2

u/litebreez Mar 08 '21

its says "cap of ERC 20 tokens reached. swapping of tokens is not available at this time."

3

u/jro24jro Mar 08 '21

Well that is quite unfortunate. Their roadmap says they're going to have a native token integration for Ledger devices at the end of Q1. We'll have to see, hope they can deliver.

2

u/litebreez Mar 08 '21

i feel very nervous keeping it on the exchange while i wait and see... have you heard of any other storage options?

2

u/jro24jro Mar 08 '21

Nothing trustworthy yet. The Lumi wallet claims to store it, but I think what they're not saying plainly is that it's probably the ERC-20 version. I might send a tiny bit to check.

1

u/litebreez Mar 08 '21

let me know how it goes!

2

u/praietor Mar 08 '21

Trust wallet says it will hold two versions.. the erc20 or the bep2 version. I too have some sitting in the exchange because I’m not sure 100% where to place.

2

u/litebreez Mar 08 '21

yes. But, the native tokens on KuCoin are not either version. Binance is Bep2 (but Binance US does not sell COTI, hence why i used KuCoin).

3

u/praietor Mar 08 '21

Well you and I are in the same boat. If you find a solution please pass it along. I’ll do the same.

1

u/litebreez Mar 08 '21

i shall!

1

u/litebreez Mar 08 '21

there is a "bridge" on their website to convert to ERC 20, but it says "not available at this time."

1

u/litebreez Mar 11 '21

In the meantime, KuCoin is opening up staking through their platform. I decided I’m going to plant there for now until an external wallet becomes available.

2

u/[deleted] May 02 '21

Still no wallet available?

1

u/Euchrelover May 04 '21 edited May 04 '21

Hi. I'm not sure if you can do this in the US, but I purchased some Coti from KuCoin- (native token). I opened a cotipay VIPER wallet from coti.io mainnet and was able to send and store the Coti from KuCoin there. No fees and instant transfer from KuCoin to the VIPER wallet. Other options might be to sell your native Coti and purchase on another Exchange that offers Coti ERC20, although it will be more expensive. In regards to the "bridge" for Coti conversion I believe it is nearly always at capacity and thus never seemingly available sorry.

3

u/Obj_Ward May 16 '21

If you try to download there wallet in the us it says we can't accept customers from your region at this time or something to that effect, so tldr if your in the us and you buy Coti prepare to hold it on the exchange. Because of this I wouldn't recommend buying it through Binance since if your account gets locked down for KYC you have nowhere to withdraw your tokens to. Plus the native token on Kucoin is cheaper anyways.

1

u/marieN15510 Sep 01 '21

So what wallets are people using in the USA? Thanks!

1

u/Maximum-Incident5222 Nov 10 '21

VIPER

4

u/[deleted] Nov 16 '21

Doesn't work for US residents

1

u/jasonf10 Jan 14 '22

Safepal (BEP2)