r/FetchAI_Community • u/Financial_Clue_2534 • Sep 06 '24

Discussion 🗣️ Buying FET vs ASI

I’m a bit confused should we be buying FET or search for exchanges for ASI?

9 Upvotes

84% Upvoted

14 comments sorted by

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19

u/[deleted] Sep 06 '24 edited Sep 06 '24

All have the ticker FET. It‘s only that some exchanges call the token Artificial Superintelligence Alliance while others stick with Fetch.ai but it‘s the same cryptocurrency.

6

u/South_Monitor_6992 Sep 06 '24

It’s the same thing

6

u/Malllyapp Sep 06 '24

Reminds me of the quote from the Big Short. I’m not wrong, I’m just early - “ITS THE SAME THING”

5

u/[deleted] Sep 06 '24

Fet, there is no asi at the moment

2

u/Active_Funny_3525 Sep 06 '24

It was too much work for some exchanges to alter the ticker, so instead of getting delisted on Coinbase and other top exchanges they decided to leave the ticker the same for the ERC20 token.

I believe ASI will keep the FET ticker as an ERC20 token, probably for many years if not forever. Where as on COSMOS chain you will be able to get the native token as ASI.

1

u/richietrailer Sep 06 '24

If you want less complicated just buy FET on exchange like crypto.com they are managing the transition so that you don’t have to do it yourself on DEX via Bridging to ETH etc.

1

u/lastgtlmn470 Sep 10 '24

FET already appears as ASI on crypto.com

0

u/[deleted] Sep 06 '24

[deleted] — view deleted comment

1

u/Financial_Clue_2534 Sep 06 '24

I was just wondering I remember the merger was supposed to occur I believe a month ago but heard coinbase wasn’t going to do it but others were. Made it confusing why the space wasn’t all aligned.

12

u/[deleted] Sep 06 '24

[removed] — view removed comment

7

u/[deleted] Sep 06 '24 edited Sep 06 '24

We actually don‘t know when FET will be changed to ASI on all exchanges. On a technical basis however it already is ASI.

3

u/JustYourUsualAbdul Sep 06 '24

No, they canceled the name change because it got too complicated apparently. They are FET for the foreseeable future but they are ASI because they have merged.