Upbit, South Korea’s leading cryptocurrency exchange, has announced that trading for Orca (ORCA) will begin on March 21 at 5:00 PM (KST). The ORCA token will be available for trading in the Korea in Won (KRW), Bitcoin (BTC), and Tether (USDT) markets.
Upbit Lists $ORCA
Upbit has emphasized the importance of verifying the network before making deposits, as transactions sent through unsupported networks will not be processed. Deposits and withdrawals for ORCA will only be supported via the Solana network (ORCA-Solana). Note that deposits and withdrawals will only be processed on the specified ORCA-Solana network.
To ensure a stable and secure trading environment for $ORCA, Upbit has implemented restrictions, for instance, buy orders will be restricted for the first 5 minutes after trading begins. Secondly, after trading begins, sell orders will be limited to prices no lower than 10% below the previous day’s closing price for the first 5 minutes.
Lastly, only limit orders will be supported during the first hour of trading, with other order types restricted.
As of March 21 at 1:50 PM, the most recent market prices for $ORCA were recorded at 2,296 KRW, 0.00001845 BTC, and 1.56 USDT, compared to the previous day’s closing price of 2,349 KRW, 0.00001856 BTC, and 1.6 USDT.
ORCA Market Surges
Following the announcement of the ORCA listing, the crypto project has seen a moderate shift in its market price.
Upbit Lists Orca on KRW, BTC Pairs, Triggers Price SurgeAt the time of writing, ORCA is trading at 2,296 KRW, reflecting a slight decline from the previous day’s closing price of 2,349 KRW. Despite the minor price fluctuation, ORCA continues to attract attention as it is added to Upbit’s trading offerings.
Also Read: Upbit to List KAITO on KRW, BTC, and USDT Markets
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