The TAU Exchange to become operational in a few days
The TAU Exchange to become operational in a few days
Bitcoin

The TAU Exchange to become operational in a few days

By Amelia Tomasicchio - 5 Oct 2018

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TAU Coin has announced the release of its own exchange, scheduled for October 18th, 2018.

TAU, is a new Proof of Transaction (PoT) digital currency that now has almost 32,000 accounts and over 600,000 transactions.

One month ago, that number was 6,000, so in one month the number of wallets downloaded has grown by over 500%.

The coin swap will happen every 360 blocks. And, the TAU foundation will allocate 60,000 TAU during each swap into TAU-X for token distribution.

“When there are no BTC investments, the remaining TAU will carry over to the next swap. This system allows for TAU and BTC holders to seamlessly exchange value without any middlemen”, explains the whitepaper.

TAU releases the new TAU Exchange on the 18th and it will be the first opportunity to see how the public will value each TAU coin.

Founder David Wu explained in an interview, that different tribes value time differently. I am excited to find out as well”.

On October 18th, the TAU Exchange will list only a TAU/BTC pairing, allowing TAU to be traded for bitcoin, and vice versa.

Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for several international crypto-related magazines and CMO at Eidoo. She is now the co-founder and editor-in-chief of The Cryptonomist. She is also a marketing teacher at Digital Coach in Milan and she is writing a book about NFTs for the Italian publishing house Mondadori, while she is also helping artists and company to entering in the sector.

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