Huobi to open spot and grid trading for CoreDAO pair with USDT

According to a recent announcement from Huobi Global Exchange, CoreDAO/USDT grid trading and trading spots will both begin on February 8th.

The platform had previously stated that it will list the token and keep an eye on the orderbook to see if any orders are outside of the range of 90% to 110%, at which point trading would be suspended to prevent slippage.

The announcement reads:

Huobi will be opening CORE (CoreDAO) spot trading (CORE/USDT) and spot Grid trading (CORE/USDT) at 12:00 (UTC) on February 8.

If there are no orders on the orderbook within 90% ~ 110% of the last price, all new Market orders placed for buying/selling will be canceled automatically to prevent slippage. Please ensure that you have done sufficient risk assessment when trading newly-listed tokens, as they are often subject to high price volatility.”

The CoreDAO team has announced that the airdrop will take place on February 8 and has urged anyone who mined the token to quickly link their wallets to get their tokens.

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.

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