Bittensor price and where to buy TAO

What is Bittensor?

Bittensor is a network where participants produce machine-learning work, such as model outputs, in specialised subnets and are paid in TAO according to how useful other participants rate their work. TAO has a 21 million supply cap and a Bitcoin-style schedule in which issuance halves over time.

How to buy Bittensor, step by step

1. Pick an exchange. TAO is listed on four of the five exchanges we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy TAO. Use the TAO/USDT or TAO/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. In a Bittensor wallet you control, you can stake TAO to validators or subnets for rewards.

Where to buy Bittensor at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on TAO the venues disagree by about 0.077 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Bittensor price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.077 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 15 minutes out of every thousand, and reached about 2.5 percent at its widest.

About three fifths of the TAO spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Bittensor price

The wider crypto market, and in TAO’s case its own news too. In our hourly composite, TAO moved with Bitcoin at a correlation of about 0.57, where 1 would mean identical moves, and its moves were almost three times the size of Bitcoin’s.

Bittensor-specific drivers come on top: interest in decentralised AI, changes in how subnets are rewarded, and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Bittensor

Pros

• Direct exposure to a decentralised AI network.
• A 21 million supply cap with halving issuance.
• Staking from a wallet you control.

Cons

• Its hourly moves were almost three times Bitcoin’s in our data.
• It trades on four of the five exchanges we track, not all of them.
• It trades far below its all-time high of about $760.

Bittensor’s highest price

Bittensor’s all-time high is about $760 on volume-weighted data. The chart above shows the last 30 days of our composite, and the TAO to USD converter applies the live price to any amount.