Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list TAO (Bittensor) on Dec 21, 2023 (UTC). The details are as follows.
List Time
1. Deposit: 07:00 on Dec 21, 2023 (UTC)
2. Withdrawal: 07:00 on Dec 21, 2023 (UTC)
3. Trading pair: TAO/USDT
4. Opening method: Call Auction
a. Call Auction
07:00-09:50 Dec 21, 2023 (UTC)
Orders can be placed and canceled
09:50-10:00 Dec 21, 2023 (UTC)
Orders can be placed but cannot be canceled
b. Trading
10:00 Dec 21, 2023 (UTC)
About TAO
Bittensor is a peer-to-peer intelligence market.
Bittensor is a mining network, similar to Bitcoin, that includes built-in incentives designed to encourage computers to provide access to machine learning models in an efficient and censorship-resistant manner. These models can be queried by users seeking outputs from the network, for instance; generating text, audio, and images, or for extracting numerical representations of these input types.
Under the hood, Bittensor’s economic market, is facilitated by a blockchain token mechanism, through which producers (miners) and the verification of the work done by those miners (validators) are rewarded. Miners host, train or otherwise procure machine learning systems into the network as a means of fulfilling the verification problems defined by the validators.
About Automated Market Making (AMM)
AMM is supported for the TAO/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 21, 2023
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