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[New Listing] BIT Now supports Fractal Bitcoin (FB) on Spot Market
[New Listing] BIT Now supports Fractal Bitcoin (FB) on Spot Market
Updated over 2 months ago

Dear BIT Users,

FB/USDT will be listed on the BIT Spot market on 2024-09-12, 08:00 UTC.

  • Deposit available time: 2024-09-12, 08:00 UTC

  • Spot trading pair launch time: 2024-09-12, 08:00 UTC

About Fractal Bitcoin:

Fractal Bitcoin encapsulates the Bitcoin Core code into a virtualization software package and recursively expands infinite layers on top of Bitcoin. It is mainly to solve the limited number cap of each block and the slow transaction speed of the main network and save transaction time.

Advantage:

- Fast transaction speed: The block confirmation time of the Fractal network is about 30 seconds, and the transaction processing capacity is 20 times that of the Bitcoin mainnet.

- Native Compatibility: Fractal is developed based on the Bitcoin core code, so it is fully compatible with existing Bitcoin wallets, tools and mining equipment.

- Dynamic adjustment: The recursive system based on the Bitcoin mainnet can automatically adjust the number of expansion layers based on network congestion.

- Secure traceability: All transactions conducted on the Fractal network can ultimately be traced back to the Bitcoin mainnet.

Risk warning

Trading in cryptocurrencies comes with high risk due to price volatility. Please make sure you understand all the related risks of cryptocurrency trading, be prudent in your decisions, and trade cautiously. BIT will not be responsible for your trading losses.

Here at BIT, we strive to provide you with the best trading experience.

Thank you for your support!

BIT Team

2024-09-12

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