Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list CORE (Core) on July 31, 2024. The details are as follows.
List Time
1. Deposit: 07:00 on July 31 (UTC)
2. Withdrawal: 07:00 on July 31 (UTC)
3. Trading pair: CORE/USDT, CORE/BTC
4. Opening method: Call Auction
a. Call Auction
08:00-08:20 July 31 (UTC)
Orders can be placed and canceled
08:20-08:30 July 31 (UTC)
Orders can be placed but cannot be canceled
b. Trading
08:30 July 31 (UTC)
5. Service support: CORE/USDT supports Spot Grid and Auto-Invest Plan.
About CORE
The Blockchain Trilemma is a well-studied problem by both academics and market participants. It states that all cryptocurrencies, including Bitcoin, Ethereum, etc. must make trade-offs between optimal security, scalability, and decentralization, often prioritizing two elements at the expense of the third.
CORE's solution to the trilemma is Satoshi Plus consensus, which operates at the core of the Core Network. Satoshi Plus consensus combines Proof ofWork (PoW) and Delegated Proof of Stake (DPoS) to leverage the strengths of each while simultaneously ameliorating their respective shortcomings. Specifically, Bitcoin computing power guarantees decentralization, the DPoS and leadership election mechanisms ensure scalability, and the entire network holistically maintains its security. Core is the first chain to implement the new consensus mechanism. CORE wishes to achieve the necessary network effects required to create a successful currency and serve as the much needed springboard for broader Web 3 adoption.
About Spot Grid
Spot Grid is supported for the CORE/USDT market. Spot Grid is a trading strategy suitable for volatile markets. It helps you capture profits in market fluctuations by automatically executing buy low and sell high within a certain market range 24 hours a day. Learn about Spot Grid >>
About Auto-Invest Plan
Auto-Invest Plan is supported for the CORE/USDT market. CoinEx Auto-Invest Plan is a trading strategy that helps you automatically accumulate crypto assets via pre-set investment and recurring cycles. It has the advantages of automatic execution, convenience, and friendly entry. With a minimum of 1 USDT, you can make stable investments and realize wealth growth. Learn about Auto-Invest Plan >>
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
July 31, 2024
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