Crypto:
31385
Bitcoin:
$62.878
% 1.09
BTC Dominance:
%57.2
% 0.05
Market Cap:
$2.18 T
% 4.79
Fear & Greed:
49 / 100
Bitcoin:
$ 62.878
BTC Dominance:
% 57.2
Market Cap:
$2.18 T

BIGTIME Soars 35% After Upbit Listing Announcement

Bigtime

Upbit, one of the biggest bitcoin exchanges in South Korea, revealed on its platform the BIGTIME/KRW trading pair addition. The listing is set for today at 03:00 UTC; following the listing, the BIGTIME token, Big Time’s mainnet asset, will begin trading in the South Korean won (KRW) market.

During the first trading period, Upbit will impose trading limitations in order to minimize market imbalances for BIGTIME. Buy orders will also be limited for the first five minutes once trading starts. Additionally, limited orders will be sold in the BTC market valued more than 10% below the closing price of yesterday. The first hour after trading begins will prohibit market orders and limit orders.

Upbit provided a limited-time promo letting users withdraw their BIGTIME tokens without paying any fees for almost 24 hours after the introduction, therefore promoting early adoption. Following this period will apply standard withdrawal fees. Given possible delays in fee changes, Upbit encouraged users to confirm the relevant withdrawal costs shown throughout the withdrawal procedure.

BIGTIME’s price shot dramatically following Upbit’s IPO announcement. Rising almost 35%, the price of the altcoin came to $0.08849.

 

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