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Cryptocurrency News Articles
Upbit Lists 12 New Altcoins Including AGLD, EGLD, FIL, and NEAr
Nov 13, 2024 at 04:48 pm
South Korea’s leading cryptocurrency exchange, Upbit, is expanding its USDT trading market by listing 12 new crypto tokens.
The exchange announced on Monday that it will be listing Adventure Gold (AGLD), MultiverseX (EGLD), Filecoin (FIL), Lumiwave (LWA), Near Protocol (NEAR), Stellar Lumens (XLM), Ahatoken (AHT), Alpha (ARPA), ASTR, Bancor (BNT), Orchid (OXT), and RADWORKS (RAD).
Trading for these assets will begin at 16:30 KST, i.e. 10:30 Turkish time, on various networks including Ethereum, Luniverse, Astar Network, MultiverseX, Filecoin, Sui, NEAR Protocol, and Stellar Network.
In order to ensure market stability and prevent price manipulation, Upbit has introduced some trading restrictions for these newly listed crypto tokens. These restrictions include:
* Minimum order quantity: 0.00001 BTC, 100 KRW, or 10 USDT
* Maximum order quantity: 10 BTC, 100 million KRW, or 100 thousand USDT
* Price increment: 0.00000001 BTC, 0.001 KRW, or 0.0001 USDT
Upbit also provides the previous day’s closing prices for each newly listed crypto asset in KRW, BTC, and USDT in its official statement. The full list is as follows:
* Adventure Gold (AGLD) – 0.000015 BTC, 1.875 KRW, or 1.3185 USDT
* Filecoin (FIL) – 0.00004823 BTC, 6.027 KRW, or 4.23 USDT
* Near Protocol (NEAR) – 7.600 KRW, or 5.34 USDT
* Bancor (BNT) – 0.00000685 BTC, 856 KRW, or 0.6019 USDT
* Stellar Lumens (XLM) – 0.00000407 BTC, 518 KRW, or 0.3633 USDT
* Ahatoken (AHT) – 0.00000343 BTC, 432 KRW, or 0.3032 USDT
* Alpha (ARPA) – 0.00000343 BTC, 432 KRW, or 0.3032 USDT
* ASTR – 0.00000343 BTC, 432 KRW, or 0.3032 USDT
* Orchid (OXT) – 0.00000343 BTC, 432 KRW, or 0.3032 USDT
* RADWORKS (RAD) – 0.00000343 BTC, 432 KRW, or 0.3032 USDT
Upbit warns users to perform network verification before depositing assets. Transactions made on unsupported networks may result in delays and non-refundable deposits. Upbit also reported that only verified personal wallet addresses are allowed to deposit/withdraw funds. For large investments with unknown sources, Upbit may request proof of funds.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Pi Network (PI) Crashes 80% From Its All-Time High as Scam Allegations Emerge
- Feb 23, 2025 at 06:40 pm
- The highly anticipated Open Mainnet launch of Pi Network on February 20 was met with extreme volatility, leading to a drastic drop in the token's value. Within the first two days of trading, Pi Network's market capitalization plummeted by $6 billion. The token, which initially opened at $1.84, saw a dramatic decline to $0.64, sparking concerns among investors regarding its long-term viability and stability.
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- Rethinking Impermanent Loss: Exploring the Evolving Landscape of Decentralized Exchanges (DEXs)
- Feb 23, 2025 at 06:40 pm
- In this interview, we explore the evolving landscape of decentralized exchanges (DEXs), particularly focusing on the market leader, Uniswap. We discuss the significance of using mathematical functions for price determination in exchanges, which diverges from traditional order book systems. The conversation highlights the advantages of the Constant Product Market Maker (CPMM) model and emphasizes the role of smart contracts in its proliferation within the decentralized finance (DeFi) ecosystem. Notably, we introduce the concept of impermanent gain, which provides new perspectives on impermanent loss under certain conditions for liquidity providers. Additionally, we address the crucial role of user education and the practical implications of research findings on established DeFi platforms like Uniswap. We also cover the regulatory challenges facing DEX and the importance of implementing measures to enhance trust between users and platforms. Ultimately, this interview offers realistic insights into the future of Automated Market Makers (AMMs) and the prospects for businesses like Uniswap to enhance profitability through innovation alongside the ongoing research needed to navigate the complexities of digital finance.
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