Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list ROOT (The Root Network) on Dec 15, 2023 (UTC). The details are as follows.
List Time
1. Deposit: 07:00 on Dec 15, 2023 (UTC)
2. Withdrawal: 07:00 on Dec 15, 2023 (UTC)
3. Trading pair: ROOT/USDT
4. Opening method: Call Auction
a. Call Auction
07:00-08:50 Dec 15, 2023 (UTC)
Orders can be placed and canceled
08:50-9:00 Dec 15, 2023 (UTC)
Orders can be placed but cannot be canceled
b. Trading
09:00 Dec 15, 2023 (UTC)
About ROOT
The Root Network uses Substrate at its core. Substrate has two major advantages: a large, well-established developer community, and the technical capability to customize the chain runtime.
EVM runs within The Root Network protocol and is able to read Solidity smart contracts and execute them. This gives The Root Network developers access to smart contract functionality and also means that any code previously written for Ethereum can now run natively on The Root Network. The EVM development ecosystem provides the broadest possible support for smart contracts and DApps, as well as compatibility with existing collections and assets in the NFT ecosystem.
Its custom runtimes for Non-Fungible Assets, GAS Economy, Fungible Assets, Decentralized Exchange, Oracles and more, will provide the ingredients for creators to build applications and content without being a smart contract developer. They also provide a world-class onboarding experience.
About Automated Market Making (AMM)
AMM is supported for the ROOT/USDT market. CoinEx AMM allows every user to become a market maker. By adding liquidity to the liquidity pool, users can share 50% of the trading fees earned in this market. The fee dividends are calculated daily. Learn about AMM >>
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
Dec 14, 2022
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