Bybit, a cryptocurrency exchange has reported it will integrate CORE DAO Mainnet and possibly list the$CORE token for spot trading. The announcement seems the execution could follow immediately as a deposit link was also shared in the tweet.
The Satoshi Plus-backed coin may do far be traded on eight CEXs, including OKX, MEXC, Huobi, BitForex, CoinW and most recently Bybit, which declared its intention to offer $CORE on January 20th.
— Bybit (@Bybit_Official) January 20, 2023
Bybit is a British Virgin Islands-based cryptocurrency exchange and trading platform that specializes in derivatives products. Through derivatives, customers have the option to purchase or sell supported coins at predetermined future prices.
Users also have the option of opening long and short contracts and using derivatives to leverage their position without owning the underlying asset. Derivatives are a terrific method to profit from the erratic price changes of cryptocurrencies, whether they are bullish or negative.
Recently, Binance also added CORE DAO to its live price tracker; however, as users have been informed, the listing is not yet available for trading or other services.
What is Core DAO?
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Core’s role in its future.