Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list LIGO (Ligo) on Jan 24, 2024. The details are as follows.
List Time
1. Deposit: 07:00 on Jan 24 (UTC)
2. Withdrawal: 07:00 on Jan 24(UTC)
3. Trading pair: LIGO/USDT
4. Opening method: Call Auction
a. Call Auction
07:00-07:50 Jan 24 (UTC)
Orders can be placed and canceled
07:50-8:00 Jan 24 (UTC)
Orders can be placed but cannot be canceled
b. Trading
8:00 Jan 24 (UTC)
About LIGO
LIGO provides Layer 2 scaling solutions for the Bitcoin ecosystem including BRC-20, BTC Gamefi, Socialfi, Defi, Stablecoins and RWA, and is compatible with the Ethereum Virtual Machine (EVM). This allows developers to easily migrate Ethereum smart contracts to Bitcoin’s Proof of Work (PoW) blockchain. With the Ligo network, users can optimize their Bitcoin investments and enjoy faster transactions (higher TPS), cheaper transactions (e.g., lower gas fees when minting BRC-20 tokens), and more secure transactions ( Bitcoin security mechanism). Ligo not only enhances liquidity, but also incentivizes developers to build on top of the thriving Bitcoin ecosystem, stimulating the development and innovation of Web3 applications.
About Automated Market Making (AMM)
AMM is supported for the LIGO/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 24, 2024
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