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What is Cortex?

Cortex (CTXC) is an open-source decentralised blockchain network that aims to support Artificial Intelligence models via the Cortex Virtual Machine. CTXC is used as the fee for smart contract execution.

  • With the goal of providing fast and free smart contract use, Cortex does this with the help of the Cortex Virtual Machine which has been ported from the ETH Virtual Machine. This then interacts with Cortex's AI layers of inference.
  • Cortex uses a Proof of Work consensus mechanism. Using their in house virtual machine they are able to make the blockchain in use, currently the ERC-20 network, a fast and accurate Proof of Work mechanism.
  • Transactions are sorted into smart contracts, the CTXC token is then used as a fee for the execution of the smart contracts. Miners on the network are paid once their transaction has been completed.

Cortex plans to continue the development of the blockchain by focusing on online and offline development workshops, creating open model libraries and datasets as well as further collaboration with academia to continue research in the space.

How do I swap Cortex?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Cortex

Why Should I Trade CTXC with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Cortex no matter what your trading experience is. Unlike other international and Australian Cortex exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Cortex with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Cortex how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Cortex?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Cortex for free.

Cold Storage

If you are holding Cortex as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Cortex. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Cortex. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Cortex has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Cortex is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Cortex exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Cortex & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Cortex safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Cortex portfolio here.
Yes! With CoinSpot you can convert your Cortex to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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