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/Announcement Center/New Spot Trading Pairs/
Hotcoin Announcement on Cow Protocol (COW) Trading Opening
Help Center
/Announcement Center/New Spot Trading Pairs/
Hotcoin Announcement on Cow Protocol (COW) Trading Opening

Hotcoin Announcement on Cow Protocol (COW) Trading Opening

Hotcoin
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Dear Users,
Hotcoin will open COW/USDT trading at 17:00 (UTC+8) on November 7, 2024, and COW withdrawals will be available starting at 17:00 on November 8, 2024. COW deposits are now open.

Project Overview:
Users do not need to execute trades directly on-chain; instead, they only sign their intent to trade, delegating execution to a "solver" (known as a "relayer" in other protocols). Solvers bid for the best exchange rate to win trade settlement rights. By batching multiple transactions to create CoWs (Coincidence of Wants), solvers can save on gas costs, AMM fees, and reduce execution risk. Consequently, CoWs offer better pricing than any existing DEX aggregator. In the absence of CoWs, solvers compare offers from leading aggregators to use the best on-chain routing. The COW token enables holders to govern and manage the CoW Protocol ecosystem through CowDAO. Also, COW token holders can enjoy fee discounts and other benefits when trading on CowSwap.

Official Website: https://cow.fi/
Token Type: ERC20
Contract Address: 0xDEf1CA1fb7FBcDC777520aa7f396b4E015F497aB
Blockchain Explorer: https://etherscan.io/address/0xDEf1CA1fb7FBcDC777520aa7f396b4E015F497aB

Risk Warning:
Digital assets are high-risk investment products. Some popular projects may involve hype, bubbles, or detachment from real demand, leading to partial or total losses. Please participate cautiously, carefully considering your experience in trading digital assets and your ability to bear various loss risks before making buy or sell decisions. Hotcoin emphasizes transparency and public governance structure requirements for projects but does not assume responsibility for guarantees or compensation related to investment activities. We will continue to provide excellent products and quality services.

Thank you for your support of Hotcoin, and we look forward to your valuable feedback.

Hotcoin
November 7, 2024

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