Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list FB (Fractal Bitcoin) on Sep 9, 2024. The details are as follows.
List Time
1. Deposit: 9:30 on Sep 9 (UTC)
2. Withdrawal: 8:00 on Sep 10 (UTC)
3. Trading pair: FB/USDT
4. Opening method: Call Auction
a. Call Auction
12:45-14:35 Sep 9 (UTC)
Orders can be placed and canceled
14:35-14:45 Sep 9 (UTC)
Orders can be placed but cannot be canceled
b. Trading
14:45 Sep 9 (UTC)
5. Service support: FB/USDT supports AMM, Spot Grid, and Auto-Invest Plan.
About FB
Fractal Bitcoin encapsulates the Bitcoin Core code into a virtualization software package and recursively expands infinite layers on top of Bitcoin. It is mainly to solve the limited number cap of each block and the slow transaction speed of the main network and save transactions time.
Advantage:
Fast transaction speed: The block confirmation time of the Fractal network is about 30 seconds, and the transaction processing capacity is 20 times that of the Bitcoin mainnet.
Native Compatibility: Fractal is developed based on the Bitcoin core code, so it is fully compatible with existing Bitcoin wallets, tools and mining equipment.
Dynamic adjustment: The recursive system based on the Bitcoin mainnet can automatically adjust the number of expansion layers based on network congestion.
Secure traceability: All transactions conducted on the Fractal network can ultimately be traced back to the Bitcoin mainnet.
About Automated Market Making (AMM)
AMM is supported for the FB/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 >>
About Spot Grid
Spot Grid is supported for the FB/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 FB/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
Sep 9, 2024
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