Launched in 2023 by digital artist Rhett Mankind, TURBO was initially created using the OpenAI chatbot ChatGPT with the instruction of creating “ the next big meme coin on a budget of just $69”. Similar to other memecoins on the market, TURBO does not have a specific utility or purpose, but it does offer zero transaction fees, a community-driven model, and a smart contract whose ownership was renounced by the creator.
“Memecoins are known for their creativity, and their popularity illustrates how DeFi is only limited by the imagination of users and developers in Web3,” said Henry Child, Head of Tokens at Bitfinex. “We are pleased to add TURBO to the roster of digital assets we have available for trading on Bitfinex.”
Deposits for TURBO are expected to open at approximately 10:00 AM UTC on 30 July, 2024, subject to network conditions. Trading is planned to commence at approximately 10:00 AM on 1 August, 2024, contingent upon liquidity requirements being met. TURBO will be tradable against US Dollars (TURBO/USD) and Tether tokens (TURBO/USDt).
To obtain access to TURBO on Bitfinex, customers can visit https://www.bitfinex.com/?refcode=0bC4Lljc.
*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com.
About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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