Upbit Announces Listing of This Altcoin; Price Rises 68%!

Upbit announced it will list the Reserve Rights (RSR) altcoin on its KRW and USDT markets.

Upbit said trading for RSR in KRW and USDT will begin on October 12 at 08.05 Turkey time; the pairs were announced as RSR/KRW and RSR/USDT.

RSR deposits and withdrawals will be supported only on the Ethereum network. The exchange said users should check the network before making a transfer.

Buy orders will be restricted for approximately the first 5 minutes after trading begins. During the same period, sell orders priced 10 percent or more below the previous day’s closing price will be restricted. Order types and conditions other than limit orders will also be restricted for approximately 2 hours.

Upbit said data from the BTC market would be used as the basis for trading restrictions. The announcement listed RSR’s previous day’s closing price as 0,00000002 BTC (2,262 KRW / 0,001671 USDT).

According to CoinMarketCap data, RSR rose 67.77 percent to $0.002675 in the past 24 hours.