Upbit announced that it will launch trading support for Concrete (CT) in the KRW, BTC, and USDT markets.
According to an announcement published by Upbit on October 19 at 10.40 Turkey time, trading support for Concrete (CT) is scheduled to begin on October 19 at 12.00 Turkey time. The CT/KRW, CT/BTC, and CT/USDT markets will be supported.
CT deposits and withdrawals are expected to open exclusively on the Ethereum network within one hour of the announcement. Upbit stated that trading could be delayed if liquidity does not reach a sufficient level.
Buy orders will be restricted for approximately 5 minutes after trading support begins. During the same period, sell orders cannot be placed at prices 10 percent or more below the previous day’s closing price. In addition, only limit orders will be accepted for the first approximately 2 hours.
Upbit stated that it will use CoinMarketCap data for trading restrictions. The previous day’s closing prices were announced as 412,82 won for CT/KRW, 0,00000382 BTC for CT/BTC, and 0,3074 USDT for CT/USDT. As of October 19 at 10.25 Turkey time, the latest prices were reported as 400,21 won for CT/KRW, 0,00000362 BTC for CT/BTC, and 0,3004 USDT for CT/USDT.
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