This Altcoin Surged 222% Following Upbit’s Listing Decision!

Upbit has announced its decision to list Bifrost (BFC) for two new trading pairs.

According to the exchange’s announcement, trading support is scheduled to begin as of September 10 at 07:45 AM UTC+3. It was noted that this start may be delayed if sufficient liquidity is not provided.

Deposits and withdrawals will only be supported via the Bifrost network. It was reported that transfers via different networks will not be accepted, and the refund process for incorrect network transfers may take a long time.

A restriction will be applied for the first 5 minutes on buy orders and sell orders at levels 10% or more below the previous day’s close. Additionally, only limit orders will be accepted for approximately 2 hours after the start of trading support.

Upbit announced that the price used as the basis for restrictions is the previous day’s closing price in the BTC market. This reference value for the asset was shared as 0.00000015 BTC (15.96 KRW and 0.1788 USDT).

According to CoinMarketCap data updated prior to publication, the Bifrost (BFC) price has risen 222% in the last 24 hours and is at the $0.03465 level.