New Spot Listing: ALGO

Dear BVOX users,

 

BVOX will list Algorand (ALGO) and open ALGO/USDT spot trading on November 11. Please note the following listing timeline:

• Deposit: Opens
• Trading: 10:00 on Nov 11, 2024 (UTC)
• Withdrawal: Opens

 

About Algorand (ALGO)

 

Algorand (ALGO) is an open-source blockchain network and cryptocurrency designed to facilitate mainstream adoption of blockchain technology. It also aims to expand the use cases of digital currencies by accelerating transaction verification rates.

First launched in 2019, Algorand seeks to provide a similar transaction throughput rate as major centralized payment processors like Visa or Mastercard. It does so through the integration of scalability features like relay nodes, which are used to create efficient communication paths. At the same time, blockchain information is continuously compressed in order to reduce the data burden on Algorand network participants.

Algorand also provides smart contract functionality, making it possible for developers to create and deploy decentralized applications (DApps) and smart contracts on its blockchain.

Algorand is considered a third-generation blockchain. The network uses a proof-of-stake (PoS) consensus model in which validators help keep the network secure through transaction validation and block generation.

Official Website: https://algorandtechnologies.com/

 

 

In our commitment to providing a better trading experience and meeting diverse trading needs, BVOX will continue to introduce more high-quality trading pairs for your selection. Stay tuned for further updates!

 

Risk Warning: The cryptocurrency market carries a high level of risk. Please understand the risks and invest in products you are familiar with. Prior to investing, carefully consider your investment experience, financial situation, investment objectives, risk tolerance, and consult with independent investment professionals. The market value and returns of investment products can be highly volatile, and you may lose the invested amount. You are solely responsible for your investment decisions. BVOX is not responsible for any potential investment losses.

 

BVOX Team

2024-11-09