Algorithmic Ratings & Investment Analysis
©ARIA 2025
by aria-crypto.com
April 29, 2025 at 07:24
South Korea's Upbit Expands Digital Asset Portfolio with New Altcoin Listing
South Korea’s leading digital asset exchange, Upbit, has announced the listing of the altcoin Sign (SIGN) on its trading platforms.
This new addition includes trading pairs in KRW, BTC, and USDT, marking a significant expansion into Web3 projects.
Deposits for SIGN are now open, but users must verify the network before transferring funds to avoid complications.
To maintain market stability, Upbit has implemented temporary trading restrictions following the launch of SIGN.
For the first five minutes of trading, buy orders will be restricted, and sell orders below 10% of the previous day's closing price will also face limitations.
Only limit orders will be accepted during the first hour of trading to facilitate a smoother introduction.
Sign is a blockchain initiative designed to enhance accessibility and usability of digital evidence technologies.
Its ecosystem comprises various components, such as a token distribution product and a Web3 signature verification platform.
The SIGN token plays multiple roles, including serving as governance, staking, and gas fees within the ecosystem.
With this listing, Upbit continues to solidify its position as a prominent player in the South Korean digital asset landscape.
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