Upbit Exchange Announced That It Will List This Altcoin!

South Korea-based exchange Upbit announced that the popular blockchain intelligence platform Arkham (ARKM) will be listed on its platform. According to the statement, the ARKM / KRW trading pair will be activated as of 11 March 16:00 (KST).

First Trading Rules for ARKM

Upbit has imposed some trading restrictions in the first phase in order for the listing to take place in a smooth and balanced manner. Accordingly

• Only sell orders can be placed during the first five minutes of trade opening, and buy orders will be restricted.
• Sell orders cannot be placed below 10% of the previous day’s closing price during the first five minutes.
• Only limit orders will be accepted during the first hour.
• ARKM’s previous day closing price was 0.00000596 BTC, which is equivalent to approximately KRW 700.2.

Fee Waiver and Deposit Guidelines

In the statement made by the exchange, some advantages will also be offered in order for users to manage the transaction process more comfortably:

• As of 11 March 15:30 (KST), ARKM withdrawals will be fee-free for 24 hours.
• It is important that users choose the correct network (Ethereum ERC-20) to avoid delays in deposits.
• Large or suspicious deposits may be subject to source verification in accordance with Upbit’s compliance policies.

Following the listing news, ARKM increased by more than 50%.

What is Arkham (ARKM)?

Focusing on transparency and analytics in the blockchain world, Arkham is an intelligence platform that analyses on-chain data using advanced artificial intelligence technologies. The main features offered by the platform are as follows:

Arkham Intelligence: Provides detailed insights by analysing transactions and addresses on the blockchain.
Arkham Intel Exchange: Allows users to buy and sell blockchain-related information using ARKM tokens. This system is known as the ‘Intel-to-Earn’ model and allows users to evaluate on-chain information.

ARKM Token Usage Areas: ARKM plays an important role in the ecosystem as a utility token used for management and various services within the platform.

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