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Wisebitcoin Lists LUNA/USDT for Aggregate Trading

2021-04-08

Dear users,

WISEBITCOIN will list LUNA/USDT aggregate trading pairs on 8th 9:00 UTC.

LUNA/USDT is an aggregated trading pair, the deposits & withdrawals will not be supported.

Should there be further progress on supporting the LUNA wallet, WISEBITCOIN will notify its community via an announcement.

 

About LUNA (Terra)

LUNA is a cryptocurrency that is mined to power Terra's DPoS blockchain. Terra, backed by LUNA, is a protocol of money that ensures price-stability by algorithmically expanding and contracting supply. Miners, therefore, provide stability and security. In exchange, the protocol offers stable mining rewards from transaction fees and seigniorage in all economic conditions. Terra uses seigniorage created by its minting operations as transaction stimulus, thereby facilitating adoption.

Website: https://terra.money/

Whitepaper: https://terra.money/Terra_White_paper.pdf

 

What is Aggregate Trading Pair?

When a user buys and/or sells currencies on Wisebitcoin, our Aggregate trading system will automatically place the same buy and/or sell order on other exchanges. Therefore, our user is assured that the assets purchased through this process are all real assets in full reserves. Aggregate trading is commonly used in the trading industry. The purpose of Wisebitcoin aggregate trading is mainly to provide our users with access to new and popular assets.

WISEBITCOIN aggregate trading system uses a local and an external order matching mechanism with transaction speed and user experience that are similar to that of placing an order on other trading pairs on Wisebitcoin. WISEBITCOIN will evaluate the holding amount of these aggregate trading tokens later and consider to dock with the project wallets for these projects with a large holding amount, to meet the deposit and withdrawal requirements of users.

 

Risk Disclaimer

Digital Asset Trading can be a challenging and potentially profitable opportunity for investors. Users are strongly encouraged to carefully consider their investment objectives, level of experience, and risk appetite.

 

WISEBITCOIN

8 April 2021