South Korean Cryptocurrency Exchange Upbit Shares New Altcoin Listing Announcement!

South Korea’s leading digital asset exchange Upbit has announced that CARV (CARV) has been listed on the KRW, BTC, and USDT markets, with trading set to begin at 15:00 on October 15.

Upbit to List CARV (CARV) on KRW, BTC and USDT Markets

According to Upbit’s official announcement, deposits for CARV will open within two hours of this notification, and users are advised to verify the network before depositing to avoid delays.

Trading Restrictions and Precautions

The exchange outlined several temporary trading restrictions:

• Buy Order Restriction: Trading support will be disabled for the first five minutes after it starts.
• Minimum Sell Price: For five minutes, sell orders below 10% of the previous day’s closing price will not be accepted.
• Order Type Restrictions: Only limit orders will be allowed for the first hour and other order types will be temporarily restricted.

Upbit also warned users to carefully verify their deposit details to avoid longer processing times.

What is CARV?

CARV is a modular data layer protocol focused on gaming and artificial intelligence (AI). Its mission is to aggregate user data scattered across various platforms and act as a data layer solution. The native CARV token serves both governance and utility functions within the ecosystem.

*This is not investment advice.