How to Buy Bittensor (TAO)

Bittensor (TAO) is a decentralized network designed to transform the training, incentivization, and use of artificial intelligence models. By utilizing blockchain technology, it creates a secured and transparent marketplace for sharing and improving AI models. The platform rewards participants with tokens for their contributions, promoting collaboration and innovation. Bittensor offers a scalable infrastructure that enables developers, researchers, and AI enthusiasts to advance AI technology while maintaining control over their data and models. 

1. Sign up or create an account  
   Get instantly verified with Ndax's streamlined verification process.  
2. Fund your account with Canadian dollars  
   You have the option to fund your account with fiat currencies using Interac e-transfer or Wire Transfer.  
3. Purchase TAO 
   TAO is highly divisible, so you can buy small amounts to get started. Trade CAD to TAO with as little as $10 and with low trading fees of 0.2%. 

After having bought TAO, the next step is to securely store your assets in a cryptocurrency wallet. You have several options, such as keeping your TAO on a trading platform, using a hardware wallet, or choosing a software wallet based on your preferences, investment size, and needs. 

If you prefer, you can transfer your TAO from Ndax to a private wallet at any time. However, if you choose to store your TAO in your Ndax wallet, you can have peace of mind knowing that we have implemented strong security measures to protect your assets. 

• Hold and/or Trade 
  On our trading platform, you can trade TAO directly for various currencies. Easily monitor and track your trading activity and performance.
• Participate in DeFi Opportunities 
  Bittensor enables DeFi opportunities primarily through staking and the development of DeFi infrastructure. By leveraging its decentralized AI network, Bittensor rewards participants while simultaneously enhancing blockchain performance. Users can contribute to the network’s growth and performance by participating, earning rewards for their involvement in supporting the AI-powered blockchain. The ecosystem is designed to support decentralized machine learning models, providing unique opportunities for innovative financial solutions.
• Governance Participation 
  TAO holders do participate in governance by voting on proposals, including network upgrades, parameter changes, and funding allocations. Voting power is proportional to TAO holdings, aligning with standard token-based governance models. 

• Safety-First Approach for Peace of Mind Trading:  
  Ndax maintains some of the highest security standards in the Canadian FinTech industry. Ndax keeps most digital assets stored offline in cold storage, safeguarded by multi-signature technology from Ledger Vault, a global leader in cryptocurrency security and infrastructure. Our hot wallets are secured with Multi-Party Computation (MPC) technology, recognized by industry experts.  
• Grow Your Position with Ndax’s Recurring Purchase Feature:  
  With Ndax, you can easily set up recurring purchases to automatically buy TAO with CAD on a daily, weekly, or monthly basis. You can schedule regular purchases starting as low as $10.  
• Bittensor (TAO) investing in the palm of your hand:  
  Download the Ndax mobile app to fund your account and start trading on-the-go from any iOS or Android device. 

The cryptocurrency market is volatile. Avoid missing out on trades by using Ndax’s unique trading options:  

• Limit Order: A buy or sell order that is executed at a specific price or better.  
• Stop Order: An order to Market buy or sell once a cryptocurrency reaches a designated price point.
• Trailing Stop Market Order: An order set at a specified dollar amount away from the last price, bid, or ask of a cryptocurrency.  
• Trailing Stop Limit Order: A limit buy or sell order that is triggered when a cryptocurrency reaches a user-defined trailing amount.  
• Fill or Kill (FOK) Order: A trade that must execute immediately and in full at a certain price; if it can’t be fully filled right away, the entire order is canceled.  
• Immediate or Cancel (IOC) Order: A trade that executes immediately, canceling any unfilled portions of the order.  
• Reserve Order (Iceberg Order): A large trade broken down into multiple limit orders, with some portions visible and others concealed.

Disclaimer: This article is not intended to provide investment, legal, accounting, tax, or any other advice and should not be relied on in that or any other regard. The information contained herein is for informational purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise. Ndax is a member of the Canadian Investor Protection Fund (CIPF). Please refer to the CIPF for coverage qualification criteria.