Upbit, one of South Korea's leading cryptocurrency exchanges, has announced the addition of Intuition (TRUST) to its trading platform, signaling continued expansion in the crypto ecosystem. Trading for TRUST commenced today at 8:00 PM KST across the KRW, BTC, and USDT markets.
The exchange has implemented specific measures to ensure market stability, including initial support for only limit orders for approximately two hours after launch, with market and conditional orders temporarily disabled. Deposits and withdrawals are processed exclusively via the Base network, and transfers through other networks may be delayed or invalidated.
Upbit set minimum sell prices to curb volatility: 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 five minutes of trading, sell orders priced 10% below these minimums are restricted.
Intuition (TRUST) is built on the Base network and focuses on Information Finance (InfoFi), aiming to use AI and blockchain technology to verify information reliability and assign economic value to trustworthy data, aligning with trends in blockchain applications beyond digital currencies.