# Upbit to List New Altcoin Across 3 Markets: Price Surges 18%

> Upbit will launch trading support for Cluster Protocol (CP) in the CP/KRW, CP/BTC, and CP/USDT markets. According to the announcement, trading support is scheduled to begin on September 8 at…

**Upbit will launch trading support for Cluster Protocol (CP) in the CP/KRW, CP/BTC, and CP/USDT markets.**

According to the announcement, trading support is scheduled to begin on September 8 at **08:30 (TSİ)**. Deposits and withdrawals are expected to open within 1 hour and 30 minutes of the announcement’s publication.

CP deposits and withdrawals will be supported **only via the Base network**. The exchange stated that transfers made through different networks will not be supported and urged users to check the network before proceeding. The contract address for the CP supported on Upbit was shared as 0x001AAd84c21A5CD4d696C56d44866e9703c43F77.

After the start of trading support, **buy orders will be restricted for the first 5 minutes**. During the same period, sell orders at levels 10% or more below the previous day’s closing price will not be permitted. Additionally, only limit orders will be accepted for approximately 2 hours.

Upbit announced that the prices used for trading restrictions will be determined based on CoinMarketCap data. The previous day’s closing price for CP was given as 26.05 KRW in the KRW market, 0.00000024 BTC in the BTC market, and 0.02873 USDT in the USDT market.

As of 06:15 (TSİ) on September 8, the latest prices were at 24.11 KRW in the KRW market, 0.00000022 BTC in the BTC market, and 0.01788 USDT in the USDT market.

According to CoinMarketCap data, CP is trading at **$0.02535641, up 17.58%** in the last 24 hours.