South Korea's leading digital asset exchange Upbit announced that it will provide trading support for the altcoin Intuition (TRUST) on the KRW, BTC, and USDT markets.
According to the exchange's statement, Intuition (TRUST) trading will begin at 8:00 PM, and deposits and withdrawals will be supported via the Base network.
Trading Preparation and Price Safeguards
Upbit stated that TRUST will undergo a preparation period to ensure sufficient liquidity at the start of trading. Trading start times may vary depending on market liquidity conditions.
Additionally, it was announced that the minimum sell price will be 714.56 KRW in the KRW market, 0.00000474 BTC in the BTC market, and 0.4801 USDT in the USDT market. For the first 5 minutes after the start of trading, sell orders 10% below these prices will be restricted.
The exchange also announced that following the trading support, only limit orders will be accepted for approximately two hours, and market or conditional order types will be temporarily disabled.
Upbit emphasized that TRUST can only be deposited via the Base network and noted that transfers made via different networks may be delayed or invalidated.
About Intuition (TRUST)
Intuition (TRUST) is an InfoFi (Information Finance) network that aims to verify information reliability on the blockchain and translate it into economic value. The project aims to create a trusted information economy by combining AI, data, and blockchain infrastructure.