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COINTURK NEWS > Altcoin News > Upbit Adds BIGTIME/KRW Trading Pair
Altcoin News

Upbit Adds BIGTIME/KRW Trading Pair

In Brief

  • Upbit adds BIGTIME/KRW trading pair to its platform.

  • Initial trading period will have various restrictions to prevent market imbalances.

  • BIGTIME's price surged over 35% following the listing announcement.

COINTURK NEWS
COINTURK NEWS 8 months ago
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One of South Korea’s largest cryptocurrency exchanges, Upbit, announced the addition of the BIGTIME/KRW trading pair to its platform. The listing is scheduled for today at 12:00 PM KST, and following the listing, Big Time’s mainnet asset, the BIGTIME token, will start trading in the South Korean won (KRW) market.

Contents
Listing Will Have Various Trading RestrictionsWhat is BIGTIME?

Listing Will Have Various Trading Restrictions

Upbit will implement trading restrictions during the initial trading period to prevent market imbalances for BIGTIME. Additionally, buy orders will be restricted for the first five minutes after trading begins. There will also be a restriction on sell orders priced more than 10% below the previous day’s closing price in the BTC market. Market orders and limit orders will be restricted for the first hour after trading starts.

To encourage early adoption, Upbit offered a limited-time promotion allowing users to withdraw their BIGTIME tokens without any fees for approximately 24 hours following the announcement. Standard withdrawal fees will apply after this period. Upbit advised users to verify the applicable withdrawal fees displayed during the withdrawal process due to potential delays in fee adjustments.

Users must carefully check network compatibility before depositing, as deposits made through unsupported networks will not be processed. The only supported network for BIGTIME deposits on Upbit is Ethereum, and deposits made through other networks will not be accepted.

Following Upbit’s listing announcement, BIGTIME’s price surged significantly. The altcoin’s price increased by over 35%, reaching $0.08849.

What is BIGTIME?

BIGTIME is the mainnet asset of the multiplayer RPG game Big Time, set in a pre-apocalyptic world. Players have the freedom to collect and trade in-game items such as weapons and armor, which they can use to enhance their characters’ appearances.

The ownership of collected in-game items belongs to the players, promoting a player-centric game economy. The BIGTIME token is used within the game to craft items, upgrade them, and access prestige portals.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 5 September, 2024 - 9:55 am 5 September, 2024 - 9:55 am
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