WISEBITCOIN will list SOL/USDT aggregate trading pairs on 7th 8:30 UTC.
SOL/USDT is an aggregated trading pair, the deposits & withdrawals will not be supported.
Should there be further progress on supporting the SOL wallet, WISEBITCOIN will notify its community via an announcement.
About SOL (Solana)
Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.
Core to Solana's scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks in where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps across the network, improving overall network efficiency.
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.
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.
07 May 2021