Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list SOBB (SoBit) on Jan 3, 2024 (UTC). The details are as follows.
List Time
1. Deposit: 07:00 on Jan 3 (UTC)
2. Withdrawal: 07:00 on Jan 3 (UTC)
3. Trading pair: SOBB/USDT
4. Opening method: Call Auction
a. Call Auction
07:00-07:50 Jan 3 (UTC)
Orders can be placed and canceled
07:50-08:00 Jan 3 (UTC)
Orders can be placed but cannot be canceled
b. Trading
08:00 Jan 3 (UTC)
About SOBB
The SoBit Bridge is a solution designed to seamlessly bridge BRC-20 tokens to the Solana network.
Users can initiate the bridge by depositing BRC20 tokens into a dedicated SoBit address. The platform then confirms these deposits and bridges over equivalent tokens on the Solana blockchain. With fortified security measures and a validator-based framework, SoBit ensures the protection of user assets. Additionally, SoBit leverages Solana's ecosystem to drive growth and improve capital utilization, providing faster and more cost-effective user experiences.
About Automated Market Making (AMM)
AMM is supported for the SOBB/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
Jan 3, 2024
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