Grass Crypto Listing on LBank Today and Price Information

YEREVAN (CoinChapter.com) — LBank has opened pre-market trading for GRASS (GRASS), allowing early access before its official spot market launch. Users can trade GRASS/USDT in this pre-market phase, offering an opportunity to engage with the token ahead of the broader market.

Key Trading Information for GRASS on LBank

• Trading Pair: GRASS/USDT
• Start Time: October 16, 2024, 08:00 (UTC)
• Settlement Time: To be announced

LBank users can trade GRASS/USDT before the official launch. The settlement of pre-market trading will occur 30 minutes before spot trading begins. GRASS tokens purchased in the pre-market will be exchanged at a 1:1 ratio for tokens when spot trading starts. Additionally, GRASS withdrawals will be available no later than on other centralized exchanges.

GRASS/USDT Trading Fees and Market Behavior

The GRASS/USDT trading pair comes with a 0.20% fee for both makers and takers. The pre-market price for GRASS is determined by market behavior, meaning prices fluctuate based on buyer and seller activity. There is no fixed price during this phase, and traders should be cautious due to potential volatility.

Users should stay updated for the announcement of the official spot trading time.

What is GRASS (GRASS)?

GRASS is a blockchain project focused on creating a decentralized network where users contribute their unused internet bandwidth. This network enables businesses and organizations to access public web data through a system of Grass nodes. The data collected is structured and used in various applications, including AI model training.

The GRASS network allows users to monetize their unused bandwidth while maintaining control over how and when they share their internet resources. Companies benefit from accessing public web data for tasks such as price monitoring, regional advertising, and academic research, all without accessing personal data.

GRASS Security and User Control

The GRASS platform prioritizes privacy and security. It does not access personal data or sensitive information on a user’s device. The network only collects data from public websites, and users can pause sharing their bandwidth whenever they choose.

To participate, users can sign up, download the app, and start earning rewards for contributing to the network. GRASS ensures security by adhering to industry standards, including approval from major anti-malware providers.

Pre-market trading prices for GRASS tokens can be unpredictable. Since prices depend on market demand, users should approach trading carefully. LBank has yet to announce the exact time for the close of pre-market trading and the start of the official spot market.