# SimplyTao > Where your Bittensor journey begins. SimplyTao is a cryptocurrency exchange platform for trading tokens tied to AI projects on the Bittensor network. It is winding down its exchange operations due to regulatory changes, having disabled new registrations, deposits, and purchases while still allowing existing users to sell holdings and withdraw funds. SimplyTao is a cryptocurrency exchange platform focused on tokens tied to AI startups built on the Bittensor network. It was designed to let both new and experienced investors buy, sell, and swap these tokens using cards, bank transfers, or crypto, without needing a blockchain wallet or seed phrase. The platform targeted users seeking simplified access to the Bittensor ecosystem's decentralized AI economy. The service addressed the technical complexity that typically surrounds acquiring subnet tokens, which normally requires wallet setup and direct network interaction. SimplyTao instead offered a conventional purchase flow, similar to standard online checkout, paired with staking-related services connected to network validators. It also published editorial content covering Bittensor subnets and broader developments in artificial intelligence. The platform supported a range of AI startup tokens alongside major reference assets used for payment, and combined trading functionality with market information and staking access. It was aimed at retail users interested in the Bittensor ecosystem who wanted exposure to subnet tokens without managing onchain infrastructure directly. Following recent regulatory changes, SimplyTao is winding down its exchange operations entirely, and as part of this transition it has disabled new user registrations, deposits, and buy-side purchase activity, while sell-side functionality and withdrawals remain available to existing users so they can liquidate or move out remaining holdings. - Type: Project - Sector: Infrastructure - Status: Announced - Founded: 2025-03-01 - Profile: https://thegrid.id/profiles/simplytao_ai ## Products - [SimplyTao](https://thegrid.id/profiles/simplytao_ai): SimplyTao is a trading platform that provides access to tokens from the Bittensor decentralized AI network. It lets users buy, sell, and swap subnet tokens and the network's native asset without needing a separate blockchain wallet or technical crypto knowledge, using card, bank transfer, or crypto payment methods. The platform also offers staking of subnet tokens through a third-party validator, allowing holders to earn network rewards directly from their account. The exchange is winding down its buy-side operations following regulatory changes, with sell-side trading and withdrawals still available to existing users. (Developer Tooling, Inactive/Support Ended, Main Product) ## Links - [Main](https://simplytao.ai) - [Terms of Service](https://simplytao.ai/legal/terms-of-service) - [Privacy policy](https://simplytao.ai/privacy-policy) - [Twitter / X](https://x.com/simplytao_) ## Relationships - [Bittensor](https://thegrid.id/profiles/bittensor): Parent organization - [Dendrite](https://thegrid.id/profiles/dendrite): Parent organization ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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