Dwelling » Industry » Coinbase to list Bittensor’s TAO token day after recently to come
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Bittensor’s modern AI incentives promise negate, nonetheless liquidity challenges can also merely prolong pudgy buying and selling to find entry to.
Characterize: Tiffany Hagler-Geard
Key Takeaways
- Coinbase will list Bittensor’s TAO token on February 20, 2025, offered liquidity prerequisites are met.
- TAO is a local token for Bittensor, a decentralized AI network that rewards nodes for AI model sort.
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On the present time, Coinbase announced plans to list Bittensor’s TAO token as almost right now as day after recently to come.
Coinbase will add enhance for Bittensor (TAO) on the Bittensor network. Attain no longer send this asset over completely different networks or your funds can also merely be misplaced. Transfers for this asset are on hand on @Coinbase & @CoinbaseExch in the regions the keep buying and selling is supported.
— Coinbase Resources 🛡️ (@CoinbaseAssets) February 19, 2025
The switch will put in power a phased rollout for TAO-USD buying and selling, with preliminary barriers on quantity and regional availability.
Beefy buying and selling to find entry to shall be granted as soon as ample liquidity levels are established, even though some jurisdictions can also merely face buying and selling restrictions.
“Trading will originate on or after 9 AM PT on February 20, 2025, if liquidity prerequisites are met,” Coinbase Resources’ memoir posted on X.
TAO serves because the native token for Bittensor, a decentralized AI network that rewards nodes for growing excessive-performing AI devices.
The platform incentivizes participants who contribute to its decentralized network architecture.
The token heed rose 13.1% in the closing 24 hours, making it the fourth-most attention-grabbing performer in the tip 100 capitalization rating.
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