Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list ZUZALU (Zuzalu) on Jan 17, 2024 (UTC). The details are as follows.
List Time
1. Deposit: 09:00 on Jan 17, 2024 (UTC)
2. Withdrawal: 09:00 on Jan 17, 2024 (UTC)
3. Trading pair: ZUZALU/USDT
4. Opening method: Call Auction
a. Call Auction
09:00-09:50 Jan 17, 2024 (UTC)
Orders can be placed and canceled
09:50-10:00 Jan 17, 2024 (UTC)
Orders can be placed but cannot be canceled
b. Trading
10:00 Jan 17, 2024 (UTC)
About ZUZALU
The birth of Zuzalu is closely related to Vitalik, the founder of Ethereum, and is even called Vitalik’s second venture. On the official website, Vitalik calls it an IRL town integrating cryptocurrency, life sciences, and philosophy. Ethereum is a virtual decentralized network, while Zuzalu is a real crypto city.
Zuzalu is Vitalik’s initial attempt to verify and practice the concept of physical encrypted cities.
- Use blockchain technology to make existing processes more transparent, credible and verifiable, such as using stable coins to track the government’s internal financial management system, recording government-issued certificates on the chain, asset registration on the chain, and Application of fair random number generator in lottery democracy, etc.;
- Use blockchain to implement novel and experimental forms of ownership of land and other scarce assets, as well as novel and experimental democratic governance methods, such as city tokens, square voting and fundraising, etc.
About Automated Market Making (AMM)
AMM is supported for the ZUZALU/USDT market. CoinEx AMM allows every user to become a market maker. By adding liquidity to the liquidity pool, users can share 50% of the trading fees earned in this market. The fee dividends are calculated daily. Learn about AMM >>
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
Jan 17, 2024
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