Cryptocurrency exchange Binance has announced the listing of a new cryptocurrency. Binance announced that it will list Bittensor (TAO). According to the announcement, Bittensor (TAO) will be listed on April 12 at 12 UTC time. The new pairs were announced as TAO/BTC, TAO/USDT, TAO/TRY. However, Binance also made additional statements in its announcement.
Binance warned users by including the following statements in its statements:
“TAO is a relatively new token that carries higher than normal risk and will therefore likely be subject to high price volatility. Please ensure that you practice adequate risk management, conduct your own research into TAO’s fundamentals and fully understand the project before choosing to trade the token.
Seed Tag represents an innovative project that may exhibit higher volatility and risk compared to other listed tokens. The Seed Tag will be applied to TAO.
To gain trading access to tokens marked with the Seed Tag, users will need to pass relevant quizzes on Binance Spot and/or Binance Margin platforms every 90 days and agree to the Terms of Use. The quizzes are organized to ensure that users are aware of the risks before trading tokens with Seed Tags. Users can find Seed Tags on the relevant Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page. A risk warning banner will also be displayed for all tokens with Seed Tags.”
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