This is the first time a cryptocurrency exchange as big as Binance decides to list the Bittensor (TAO) token, which has caused much excitement for the cryptocurrency sector. The significance of this move is quite great and can be only underestimated given Bittensor as a peer-to-peer machine learning protocol. The Bittensor platform becomes the first of its kind to decentralize the entire AI platform development process.
The expansion of the market into this area, through the decentralization of machine intelligence, opens up new ways for cooperation and innovation, fostering the creation of a peer-to-peer market for machine intelligence. The repercussions of Binance’s recommendation for the TAO token were gradually felt in the whole crypto world. Binance’s seal of approval is undoubtedly one of the most highly-rated tags by the market, and TAO is no exception. The listing of TAO is expected to bring significant changes of the price of the token.
Binance Listing Announcement of Bittensor (TAO): Pairs & Time Table
Alongside the announcement by Binance to list TAO, the company has provided some important information on the trading pairs and the listing schedule. As of April 11, Binance will launch the trading pairs such as TAO/BTC, TAO/USDT, TAO/FDUSD, and TAO/TRY. This release is a great chance for TAO token traders to find a good place to enter the market.
In addition, those who are interested in taking part in TAO trading can begin to deposit the token ahead for the trading that will be coming soon. Withdrawals, on the other hand, are slated to commence on April 12, at 12:T-minus 00 seconds. While Binance’s decision to waive the listing fee for TAO signals its dedication to the token’s listing process and supporting liquidity in the crypto market, it also aligns with its principles of creating a favorable environment for issuers and investors.
Bittensor (TAO) Price Movement after Listing
The announcement of TAO’s listing on the Binance exchange has triggered a wave of enthusiastic expectations from potential investors, who are excitedly waiting for the token to possibly increase in price. The history of the tokens has a tendency to be volatile after listing on Binance, and this has further exacerbated the speculations about the price line of TAO. As of the present moment, the TAO’s market value is $629.82, which is down 2.27% in the last day.
On the other hand, the token has suffered a slight downfall of 1.08% during the past 24 hours, but in a longer run it has gained 4.80% during the past 7 days, showing the interest of investors and their bullish attitude. The 24-hour trading volume of $83,050,851.83, which is the current level, definitely shows the high market activity of TAO. This only means that after being listed on Binance, there is a great chance that it will perform better.
