The leading centralized cryptocurrency exchange KuCoinhas officially announced its support for peer-to-peer machine learning protocol crypto project Bittensor (TAO).
The exchange listed the TAO token in a recent announcement through its account on X. explained.
📢 New Listing@opentensor $TAO Gets Listed on KuCoin!
💎Pair: TAO/USDT
💎Deposit: now open (network: mainnet)
💎Trading: 09:00 on December 20, 2023 (UTC)NEWS CONTINUES BELOW— KuCoin (@kucoincom) December 20, 2023
In the statement, KuCoin expressed that it is proud to support the P2P-oriented platform’s native token in its spot trading service. According to the announcement, KuCoin has started accepting TAO token deposits via the project’s mainnet network. Notably, TAO’s trading officially begins today, December 20. The designated trading pair for TAO is the Tether USD (USDT) stablecoin. At the same time, users will be able to withdraw TAO tokens starting December 21.
Bittensor functions as a P2P machine learning protocol designed to motivate contributors to train and manage machine learning models in a decentralized manner. OpenTensor in particular is the driving force behind the development of Bittensor. It was initially conceptualized as a Polkadot money chain under the name Finney. However, the project made a strategic decision to establish its independent blockchain in March 2023, aiming to reduce its dependence on the Polkadot ecosystem. Before Bittensor’s native token listing on KuCoin, the exchange was one of the fastest growing companies with revolutionary ambitions. crypto- He listed his projects.
Koinfinans.com As we reported, these include SNS, the native token of Sonorus, the TrendFi music platform that bridges crypto and music for rewards. KuCoin also supported Script Network’s pay-per-view TV platform, which aims to redefine video advertising in the crypto industry.