As new listings continue in the crypto market, Upbit has made an announcement that will excite investors. The platform is preparing to list new trading pairs supporting KAITO.
KAITO to Be Available in KRW, BTC, and USDT Trading Pairs!
Upbit announced that KAITO will be listed on the platform with KRW, BTC, and USDT trading pairs. Deposits for KAITO will be available within 2 hours from the time of the announcement. Trading support will begin on March 5, 2025, at 15:00 (KST).
KAITO operates on the Base network, so users must check network compatibility before making deposits and withdrawals. Upbit will not support transfers made from other networks.
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Trading Restrictions and Fee Policy
To prevent market fluctuations during the initial listing, Upbit will apply certain trading restrictions:
- Buy orders will not be allowed for 5 minutes after trading starts.
- For the first 5 minutes, sell orders 10% below the previous day’s closing price will not be allowed.
- For the first 1 hour, only limit orders (placing orders at a specific price) will be supported.
Additionally, KAITO withdrawals will be fee-free for the first 24 hours. After this period, standard withdrawal fees will apply.
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