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Atlantis Exchange announced opening of deposit for Core DAO; imposing a $10 million daily withdrawal cap

The Atlantis Exchange has announced that it has opened the Core DAO token deposit feature and set a $10 million daily withdrawal cap.

Atlantis had previously stated that it had halted all transactions on CORE until the company’s management made alternate arrangements. It was unclear whether the suspension was related to the backlash they experienced after tweeting that the site would list Core DAO pair with BUSD for spot trading.

The statement from Atlantis states that the minimum deposit amount must be 0.0001 CORE and above and that the daily withdrawal cap is $10 million.

Atlantis Exchange is ONE of the FEW newly-developed innovative and disruptive trading platforms lawfully-registered with the U.S. department of the Treasury and the United Nations. It is designed to systematically resolve the 5 pain points in the crypto world. It has 8 UNIQUE internal functions that other crypto exchanges do not have.

What is Core DAO?

CoreDAO is the official decentralized organization in charge of the development of the Satoshi Plus ecosystem. For the future, they are building public chain promotions and the Web 3 infrastructure.

Using the Bitcoin mining hashrate and the Ethereum Virtual Machine, it is a Turing-complete blockchain (EVM). It also utilizes the Satoshi Plus, a novel consensus algorithm. An election of validators is conducted by protocol in Satoshi Plus. In order to optimize security, scalability, and decentralization, it combines the greatest features of PoW and DPoS.

Written by T.I Ukende

T.I Ukende is a professional writer and ICT consultant. He has written many evergreen articles for Benuecast blog, classicgist, ellabase and many others before birthing the newsway blog.
Newsway delivers well researched and undiluted information on business, employment opportunities, personal finance and government empowerments.

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