Dear community users:
Zhenbi will launch AR/USDT aggregation trading pairs on March 29, 2021 at 15:00 (UTC+8).
As AR is an aggregated trading currency pair, it is temporarily closed for coin charging and withdrawal. The opening time of coin charging and withdrawal will be further announced in an announcement.(For more details on the converged exchange currency rules at the end of the article)
About the AR (Arweave)
Arweave is a new blockchain storage platform designed to overcome the scalability, data availability and cost issues associated with blockchain data storage.This is also what sets Arweave apart from most blockchain storage solutions.Arweave aims to become "a browserable home network for the Internet."Arweave uses its native currency, Arweave (AR), as its internal medium of exchange.Its value comes from its usefulness within the network, including submitting information to the Arweave blockchain, rewarding miners for maintaining and protecting the network, and curbing the spread of spam.
The white paper:
About the converged exchange coin pair
As for the coins purchased/sold by users in Zhenbi, the aggregated trading system will hedge the purchase/sale of the same amount in other exchanges, so the assets purchased by users are still the real assets with sufficient reserves, and users can trade at rest.
Aggregated transaction is a very mature transaction mode in the industry. The purpose of Zhenbi's launch of Aggregated Transaction is to quickly meet users' demand for trading new hot assets.
Zhenbi's aggregated trading system uses local matching of external hedges, so the latency and experience are exactly the same as for local trading pairs.
Zhenbi will evaluate the number of users holding coins in the corresponding currency.Aggregate transactions with a large number of currency holders will consider docking supporting wallets after passing the review, so as to meet the demand of currency holders.
Digital assets are innovative investment products with large price fluctuations. Please judge your investment ability rationally and make investment decisions prudently.
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Zhenbi operation team
March 29, 2021