Curated News
By: NewsRamp Editorial Staff
May 10, 2024
Bitget Prepares for IO Net (IO) Pre-Market Listing, Opening New Avenues for Crypto Enthusiasts
TLDR
- Investors can gain an advantage by accessing new coins before they hit the market on Bitget's pre-market trading platform.
- IO Net (IO) serves as the backbone of the IOG Network, facilitating economic incentives among GPU Renters, GPU Owners, and IO Coin Holders within the ecosystem.
- IO Net (IO) offers cost-efficient GPU resources for AI and ML teams, enabling parallel training, hyperparameter tuning, inference, and other workloads across a distributed network of devices.
- Bitget's pre-market trading platform enables investors to secure liquidity in advance and acquire new coins at optimal prices, opening up new avenues for crypto enthusiasts.
Impact - Why it Matters
The pre-market listing of IO Net (IO) on Bitget's platform presents a unique opportunity for crypto enthusiasts to engage in peer-to-peer trading of new coins before their official listing. This allows investors to secure liquidity in advance and capitalize on potential price movements, providing a valuable avenue for early access to innovative projects and the future of decentralized GPU computing.
Summary
Bitget, the leading cryptocurrency exchange and web3 company, is preparing for the pre-market listing of IO Net (IO), the native coin of the IOG Network. IO Net is a decentralized network that harnesses GPU computing power from various sources, including data centers, crypto miners, and decentralized storage providers. Bitget's pre-market trading platform serves as an over-the-counter (OTC) marketplace, allowing buyers and sellers to engage in peer-to-peer trading of new coins before their official listing. With Bitget's pre-market trading, investors can capitalize on the potential price movements of new coins and secure liquidity in advance, ensuring a seamless trading experience when spot trading becomes available.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Bitget Prepares for IO Net (IO) Pre-Market Listing, Opening New Avenues for Crypto Enthusiasts
