Bitcoin Exchange Upbit Announces New Listing! Here Are the Details
South Korea’s leading digital asset exchange, Upbit, has announced trading support for the altcoin Intuition (TRUST) on the KRW, BTC, and USDT markets.
Upbit stated that TRUST will undergo a preparation period to ensure sufficient liquidity at the start of trading. As such, the exact start times for trading may vary depending on market liquidity conditions.
Regarding pricing, the minimum sell price will be set at 714.56 KRW in the KRW market, 0.00000474 BTC in the BTC market, and 0.4801 USDT in the USDT market. For the first five minutes after trading commences, sell orders placed at prices 10% below these minimums will be restricted.
Additionally, Upbit announced that only limit orders will be accepted for approximately two hours following the start of trading. During this period, market and conditional order types will be temporarily disabled to maintain orderly market conditions.
Intuition (TRUST) is part of the InfoFi (Information Finance) network, which aims to verify information reliability on the blockchain and translate it into economic value. The project’s goal is to create a trusted information economy by combining artificial intelligence, data, and blockchain infrastructure.
*This is not investment advice.*
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