Upbit Launches CARV Korean Won, BTC & USDT Trading Pairs Today

Leading crypto exchange Upbit will launch CARV Korean Won (KRW), BTC and USDT trading pairs today, and trading is expected to open at 15:00 local time.

As per Upbit’s official statement, purchasing of the CARV is restricted for approximately 5 minutes after transaction support. Upbit has also informed about the minimum sell price limit for $CARV which is fixed at less than 10% of the previous day’s closing price.

CARVPrevious day’s closing priceRecent prices (as of 11:50 on October 15)
1,248 KRW1,281 KRW
0.00001392 BTC0.00001434 BTC
0.9181 USDT0.9394 USDT

Upbit has kept restrictions on order types, as it noted(a rough translation), “All types of orders except limit orders are restricted for approximately 1 hour after transaction support” and deposits and withdrawals will be only supported “through the guided network (CARV-Base)”.

When it comes to CARV’s market performance, the token was recently launched across top exchanges like KuCoin, Bybit, and is currently trading at $1.34 after a surge of 4.28% in the last day. Its market volume has gone up by over 40% and is currently at $158.59M

The CARV ecosystem has received $50 million in funding from top-tier investors and has already reached more than 900 official gaming partners.

Also Read: Coinbase Lists DEGEN on 15 October, Triggering a Brief 20% Rally

Source: https://www.cryptonewsz.com/upbit-will-launch-carv-korean-won-btc-usdt/