Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has announced its listing of Fetch.AI (FET) – a digital asset designed to power the new economy of tomorrow.
This comes after Binance’s recent announcement of its support for the Polkadot (DOT) network upgrade.
Fetch.AI is a project that is building an ecosystem of intelligent agents that can autonomously negotiate and trade on behalf of their users. The aim is to create a more efficient economy by making it easier for businesses and individuals to access the services they need.
The Fetch.AI token (FET) is used to power transactions on the network.
The listing of FET on Binance comes as the project prepares to launch its mainnet later this month. Binance will also be offering staking rewards for FET holders, with an annual yield of up to 12%.
NOTE: WARNING: Binance does not currently support Polka Dot (DOT) cryptocurrency. Any advice or information provided on the Binance website, blog, or social media accounts regarding Polka Dot is not valid and should not be taken as such. If you are looking to purchase or trade DOT, please use a third-party service that supports the asset.
This is not the first time Binance has listed a project before its mainnet launch – the exchange also listed Algorand (ALGO) and Harmony (ONE) before their mainnets went live. Binance CEO Changpeng Zhao (CZ) has said that listing a project before its mainnet launch is a way to show support for the development of the project.
The listing of FET on Binance is good news for the project, as it will give it exposure to a wider audience and help build confidence in the lead up to the mainnet launch. It also comes at a time when there is increasing interest in Polkadot (DOT), which is seen as a competitor to Ethereum (ETH).
Binance has been one of the most active exchanges in terms of supporting new projects and assets, and its listing of FET is another example of this. With the mainnet launch just around the corner, it will be interesting to see how Fetch.
AI performs in the months ahead.
Yes, Binance does support Polkadot after their recent announcement to do so.
8 Related Question Answers Found
Polkadot is a next-generation blockchain protocol that enables cross-chain transfers of any type of data or asset. Polkadot is built on a Substrate framework and is designed to support multiple blockchains (known as “parachains”) with different characteristics. Polkadot also has a native token, DOT, which is used to help secure the network and enable governance.
Polkadot is a project that has been gaining a lot of traction and attention in the cryptocurrency space. Binance, one of the largest and most popular cryptocurrency exchanges, recently announced that it would be adding Polkadot (DOT) to its platform. This has led many people to wonder if Binance has plans to add other coins and tokens that are built on Polkadot’s technology.
Polkadot is a unique proof-of-stake blockchain that enables cross-chain transfers of any type of data or asset. Polkadot was created by Gavin Wood, one of the co-founders of Ethereum, and is backed by a $1 billion investment from Chinese tech giant Webank. Polkadot is one of the most highly anticipated projects in the cryptocurrency space, and its native token, DOT, is currently ranked as the 5th largest cryptocurrency by market capitalization.
Polkadot is a decentralized network protocol that enables cross-chain transfers of any type of data or asset. It is built on a substrate that allows for the deployment of custom blockchains, known as parachains. Polkadot is designed to be scalable, with the ability to process thousands of transactions per second.
Polkadot is a multi-chain protocol that enables cross-chain transfers of any type of data or asset. It is designed to connect private and public chains, as well as oracles and other data sources, and is intended to be a foundation for a new decentralized internet. Polkadot is being built by the Web3 Foundation, a Swiss non-profit foundation that promotes and supports research and development of decentralized technologies.
Binance US is a digital asset exchange launched in 2019 and operated by Binance.us, Inc., a US-based company. The exchange is designed for professional traders and offers a wide range of features, including high liquidity, advanced order types, and a user-friendly interface. One of the key features of the exchange is its support for the DOT token, which is the native token of the Polkadot network.
Binance, one of the world’s largest cryptocurrency exchanges, does not currently offer a demo account. This may be due to the fact that Binance is a relatively new exchange, having only been founded in 2017. However, other major exchanges such as Coinbase and Kraken do offer demo accounts.
Polkadot is a next-generation proof-of-stake (PoS) blockchain protocol that enables scalability, interoperability, and parachains. It was founded by Gavin Wood, the co-founder of Ethereum, and is backed by a $1.2 billion valuation. Polkadot is one of the most highly anticipated projects in the blockchain space, and its native token, DOT, is one of the top 10 largest cryptocurrencies by market capitalization.
