In a recent announcement, Binance revealed its plan to list Bittensor (TAO) and commence trading for several spot trading pairs, including TAO/BTC, TAO/USDT, TAO/FDUSD, and TAO/TRY, starting from April 11, 2024, at 12:00 (UTC). Users are encouraged to begin depositing TAO in preparation for trading, with withdrawal set to open on April 12, 2024, at 12:00 (UTC).
Notably, TAO will incur no listing fee, and the seed tag will be applied to the token. Bittensor is a P2P machine learning protocol that incentivizes participants to train and operate machine learning models in a distributed manner.
It's essential to exercise caution when trading TAO due to its high volatility and potential risks, and users are advised to conduct thorough research before engaging in trading activities.
Furthermore, tokens marked with the seed tag require users to pass corresponding quizzes every 90 days on the Binance Spot and/or Binance Margin platforms to gain trading access, ensuring users are aware of the associated risks.