Dear community users:
Zhenbi will go online on February 4, 2021 at 14:05 (UTC+8) LIT/USDT aggregated trading pairs.
As LIT is an aggregated trading pair, it will not be open for depositing and withdrawing coins. The opening time for depositing and withdrawing coins will be further announced in an announcement.(For more details on the converged exchange currency rules at the end of the article)
About the LIT (Litentry)
LitEntry is a decentralized identity aggregation protocol based on multiple networks, with a decentralized identity (DID) indexing mechanism and a credit computing network based on Substrate.The goal of LitEntry is to help decentralize identity aggregation, authentication, and credit calculation.
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.
The Zhenbi operation team will evaluate the number of coin-holding users of 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
February 4, 2021