Upbit, one of South Korea’s leading crypto exchanges, announced that it will add trading support for Bittensor ($TAO). According to the announcement, $TAO It will be listed on Upbit’s KRW, BTC, and USDT markets. Trading support is scheduled to start on February 16th at 4pm.
Upbit said: $TAO Deposit and withdrawal operations will begin within 1 hour and 30 minutes after the announcement. The exchange also warned users that deposits and withdrawals can only be made via Bittensor Network. Transfers made through the EVM network are not supported and the refund process for such transactions may take some time.
Trading restrictions also apply during the listing process. Therefore, you cannot place a buy order for approximately 5 minutes after the start of trading. During the same period, sell orders that fall more than 10% below the previous day’s closing price will also be restricted.
Additionally, only limit orders will be accepted for approximately 2 hours after trading support starts. Market orders and other conditional order types are temporarily disabled.
Bittensor is known as a P2P AI network that decentralizes the training, evaluation, and reward process of artificial intelligence models on blockchain. of $TAO Tokens are used for payment, staking, governance, and incentive mechanisms within the network.
*This is not investment advice.
