South Korean Cryptocurrency Exchange Upbit Announced That It Will List This Altcoin!
Leading global digital asset exchange Upbit has announced that Wormhole (W) has been listed for trading on the KRW, BTC, and USDT markets. Trading support will begin at 19:00 on October 2, with deposits opening three hours earlier on the Solana network.
Upbit Will Support Wormhole (W) Trading in KRW, BTC and USDT Markets
Wormhole (W) Process Details
- Market Status: KRW, BTC, USDT
- Network: Solana
- Deposit Start: Three hours before the transaction starts
- Start of Operation: October 2, 19:00
Trade Restrictions
To ensure a smooth launch, Upbit has implemented temporary trading restrictions:
- Buy Order Limitation: No buy orders will be processed during the first five minutes after trading begins.
- Sell Order Limitation: During the first five minutes, no sell order will be executed below 10% of the previous day’s closing price.
- Market and Limit Orders: Market and limit orders will be restricted for one hour after trading begins.
Prices will be based on data from CoinMarketCap.
What is a Wormhole?
Wormhole is a message passing protocol designed to connect different blockchains. It uses a Guardian Network for off-chain message passing and verification. The Wormhole token (W) serves governance and staking purposes.
Developers can also use Wormhole Connect, a widget that integrates Wormhole’s functionality into web applications and benefits decentralized exchanges.
*This is not investment advice.
