How to Buy Bittensor on Gate.io

In this guide, we will use Gate.io exchange to buy $TAO. Gate.io is a leading platform for centralized digital asset exchange with more than 12 million active users and trading fees of 0.20% for maker and taker orders. We chose Gate.io over other platforms due to its high liquidity, KYC compliance, support for over 2250 crypto coins, high trading volume, and extensive fiat support. Users can earn a bonus of up to $277 on sign-up and further discounts for holding the platform’s native token, GT. Plus, users with a stronger tolerance for risk also get up to 200x leverage.

Apart from that, users also have the option to optimize their trading performance with copy trading and bot trading. Gate.io also supports fixed and flexible staking with a current yield of 3.34% for $TAO.

Below, we have listed all the steps for buying $TAO on Gate.io:

Step 1: Open your browser and go to Gate.io. If you don’t already have an account, sign up to get started.

Step 2: After signing in, hover over the “Trade” tab on the main navigation bar.

Step 3: In the dropdown menu, move your cursor over “Spot”, which opens another menu to the right. From there, use the search bar to type “TAO” and select the TAO/USDT trading pair.

Step 4: You’ll now see the full trading interface, which includes TAO price charts, order book data, and trading options.

Step 5: On the right side, you’ll find the Buy/Sell panel. Here, you can choose between a Market or Limit order to buy TAO.

Step 6: In the “Amount” field, enter how much TAO you want to buy. You can manually type the USDT amount or use the slider to choose a percentage of your available balance.

Step 7: Review your order details, then click on “Buy TAO” to place your order and complete the transaction.

Fees When Buying Bittensor on Gate.io

Gate.io offers a competitive trading fee of 0.09% for both maker and taker orders. For example, if you buy $100 worth of Bittensor ($TAO), you’ll pay a $0.09 fee, leaving you with $99.91 in TAO. However, if you hold Gate.io’s native token (GT), you can receive a 20% discount, reducing the fee to 0.080%, meaning you’d only pay $0.080 in fees on a $100 trade.

How to Transfer $TAO to a Web3 Wallet (Bittensor Wallet)

Many users choose to move their Bittensor tokens from centralized exchanges to Web3 wallets to maintain full control over their assets and explore the TAO ecosystem. Whether you’re planning to interact with DApps, explore DeFi, or dive into NFTs, having custody of your tokens is key. Since a single misstep during the transfer could lead to a loss of funds, it’s important to handle the process with care.

To begin, pick a wallet that supports TAO, Bittensor Wallet is a great option. It’s a browser extension designed specifically for the Bittensor network, offering secure key management and built-in staking features. Once your wallet is set up, you can safely transfer your tokens from a centralized exchange by using your TAO wallet address.

Step 1: Click on the “My Account” icon at the top right corner of the Gate.io homepage.

Step 2: In the dropdown that appears, select “Assets”, then click on “Withdraw” to go to the withdrawal page.

Step 3: In the “Coin” field, search for and select TAO (Bittensor) from the list.

Step 4: Under the “Withdraw To” section, you’ll see an “Address” field. Open your TAO-compatible wallet, copy your TAO receive address, and paste it here.

Step 5: Enter how much TAO you wish to withdraw in the “Withdrawable Amount” box. Once all details are correct, click the “Withdraw” button to initiate the transfer.

You can track your transaction using the TXN ID on TAOstats. Once confirmed, your $TAO tokens will appear in your Web3 wallet.

Bittensor Explained

Bittensor is a decentralized, open-source network that transforms artificial intelligence (AI) into a tradable digital commodity. Built around independent subnets, it brings together miners who produce AI services and validators who evaluate them. The platform incentivizes collaboration by rewarding participants with its native token, TAO.

Users can stake TAO, vote on governance proposals, and access AI models and services through a peer-to-peer marketplace. Bittensor promotes innovation by making AI development open, permissionless, and community-driven. With TAO at its core, it creates a decentralized economy for machine intelligence, blending AI and blockchain technology in a single network.

Bottom Line

Bittensor’s innovative decentralized ML network, powered by TAO tokens, offers strong investment potential with its subnet ecosystem. Its Substrate-based architecture is efficient, but crypto volatility is a risk. Buy Bittensor tokens on a trusted exchange for fast transactions. Do some research and risk assessment while doing an investment.

FAQs

1. What is the TAO token used for?

TAO is the native token of the Bittensor ecosystem. It’s used for paying transaction fees, rewarding contributors (miners and validators), participating in governance, and accessing machine learning outputs and services on the network.

2. Is Bittensor suitable for non-technical users?

While consumers of AI services may not need deep technical knowledge, roles like miner, validator, or subnet owner typically require experience in blockchain, machine learning.

3. How do I get TAO tokens?

TAO tokens can be obtained on supported cryptocurrency exchanges or earned by contributing to the network in various roles.

4. How is Bittensor secured?

Bittensor runs on a Substrate-based blockchain (similar to Polkadot) and uses a proof-of-stake consensus mechanism. This setup helps maintain energy efficiency and security, but users should still apply standard blockchain best practices.

5. What is a subnet in Bittensor?

A subnet is a decentralized, purpose-specific mini-network within Bittensor. Each subnet focuses on producing a certain type of digital commodity (e.g., language models, prediction services) and operates with its own miners and validators.