Buy Bittensor (TAO)

Follow the steps below to easily and securely buy Bittensor.

You can securely store your Bittensor in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Bittensor. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Bittensor with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Bittensor with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Bittensor through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Bittensor is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Bittensor involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Bittensor, it is important to understand the risks.

Volatility: The price of Bittensor can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Bittensor is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Bittensor through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Bittensor or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

Bittensor uses its open-source protocol to operate a blockchain-based machine learning network. This means that it enables developers to build decentralized AI (artificial intelligence) models and share them with network users. As a reward for sharing, developers are paid TAO tokens. This is Bittensor's native token. The advantage of Bittensor over large companies that offer AI, such as Google and OpenAI, is that control lies with the users of the network. They improve the machine learning models by using them. As a reward for improving, users are rewarded with TAO tokens.

The project is completely open-source. This means that users can also extract data from the network. The developers of the project want to create a fair market for artificial intelligence, in which developers help each other improve the machine learning models.

Bittensor is a decentralized open-source platform on which AI models are created all over the world that all work together. This way, the models reinforce each other. Such a model is also called a neuron. The neurons on the network perform tasks such as carrying out analyses, generating texts and translating texts. During this process, the neurons constantly communicate with each other and share their assignments and answers. This allows the AI models to improve each other. The models that provide the best answer are rewarded with TAO tokens.

Developers can build applications (dApps) and services on top of the Bittensor network using Yuma. Thanks to Yuma, AI models and other applications can easily integrate their model into Bittensor. The tools and standards offered by Yuma enable developers to build AI models faster.

Bittensor was founded in 2021 by Ala Shaabana and Jacob Steeves. They came up with the idea of Bittensor to make the development of artificial intelligence (AI) fairer. With a decentralized system in which anyone can contribute to improving AI models on the network, they want to compete with the big tech companies that currently dominate the playing field.