HomiEx will list RAY/USDT at 15:00, 28 May 2021 (UTC+8).
RAY/USDT is an aggregated trading pair, the deposits & withdrawals will not be supported. Should there be further progress on supporting the RAY wallet, HomiEx will notify its community via an announcement.
RAY is a new cryptocurrency, the price of OCEAN may fluctuate due to market volatility. Users are strongly encouraged to carefully consider their investment objectives and be aware of the investment risk involved.
About RAY (Raydium)
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Raydium has a first-mover advantage as an AMM within Serum and will be an integral part of bringing new and existing projects and protocols into the ecosystem. The protocol will act as a bridge for projects looking to expand to Solana and Serum, and in the process Raydium and the RAY token will become a foundation for enabling further development with partners, its own platform, and the ecosystem as a whole.
Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook, meaning that Raydium LPs get access to the entire orderflow and liquidity of Serum.
Long term, Raydium aims to capture and maintain a leadership position among AMMs and liquidity providers on Serum, while leveraging the power of Solana to drive the evolution of decentralized finance (DeFi) and emerge as a leading protocol in the space alongside our partners and the community.
What is Aggregate Trading Pair? When a user buys and/or sells currencies on HomiEx, our Aggregate trading system will automatically place the same buy and/or sell order on other exchanges. Therefore, our user is assured that the assets purchased through this process are all real assets in full reserves. Aggregate trading is commonly used in the trading industry. The purpose of HomiEx aggregate trading is mainly to provide our users with access to new and popular assets. HomiEx aggregate trading system uses a local and an external order matching mechanism with transaction speed and user experience that are similar to that of placing an order on other trading pairs on HomiEx. HomiEx will evaluate the holding amount of these aggregate trading tokens later and consider to dock with the project wallets for these projects with a large holding amount, to meet the deposit and withdrawal requirements of users.
Risk Warning: Investing in cryptocurrency is akin to be a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. HomiEx attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. HomiEx is not liable for investment gains or losses.
27 May 2021