[Upbit Notes] New Listing Update

Photo by AbsolutVision on Unsplash

- New Listing Update

Upbit added following digital asset on BTC market.

  • BTC Market : GTC, OCEAN

*The deposit for GTC, OCEAN will be open within 30 mins of the announcement.
*Minimum deposit amount of GTC is 5 GTC and Upbit only supports ERC-20 protocol for deposit. (Deposits from the other networks (ex) BSC) cannot be supported.)
*Minimum deposit amount of OCEAN is 50 OCEAN and Upbit only supports ERC-20 protocol for deposit. (Deposits from the other networks (ex) BSC) cannot be supported.)

When trading GTC, OCEAN at BTC market, check the limitation on buying described below.
Furthermore, we would like to inform you that push messages sent when adding new digital assets have been cancelled to create a stable trading environment.

1) Buy orders are limited for the opening 5 minutes
. GTC : Based on the closing price (0.0001928 BTC) of Coinmarketcap in previous day, sell orders lower than -10% will not be allowed.
. OCEAN : Based on the closing price (0.00001579 BTC) of Coinmarketcap in previous day, sell orders lower than -10% will not be allowed.
2) Buy/Sell orders at Market price and reservations for Buy/Sell order are limited for about an hour after the market support.

※Investment risk guide

  • digital asset investment can be subject to rapid fluctuation of price due to speculative demand and changes in domestic and overseas regulatory environment. It is investor’s responsibility to judge the investment, and any loss that may arise is attributable to the investor. Fully understand the characteristics of the digital asset and we ask you to invest with it caution. Upbit strongly recommends that you do your own research, referring the website and disclosures of token projects before making any financial decisions.
  • Due to the overheated trading environment, there is a difference in market prices between domestic and foreign exchanges. Please make sure that pay attention to the difference in the market prices from the global exchange before investing in digital assets.
  • According to Coinmarketcap, the prices of 2 digital assets are as below. Please be noted to the high volatility before investing in digital assets.
    . GTC : 0.0001954 BTC, OCEAN : 0.00001618 BTC (2021. 12. 22. 12:00 (KST))
  • Upbit takes various measures to create a stable trading environment, such as a limit of minimum order amount, but some users may be exposed to order stabilization messages depending on the overheated investment environment. Please note that this is an inevitable measure for a stable service after processing the orders of the users who ordered first.

[New digital asset]

GTC project description:
Gitcoin describes itself as a community of builders, creators and protocols that have come together in order to develop the future of the open internet. Gitcoin creates a community that supports new infrastructure for Web3 — including tools, technologies and networks — to foster development in the open-source sphere.
GTC is Gitcoin’s governance token, launched in late May 2021. The token is needed for the creation and funding of the DAO that will govern Gitcoin.

OCEAN project description:
Ocean Protocol is a blockchain-based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetize it through the use of ERC-20 based data tokens.
Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets that were previously unavailable or difficult to find. These datasets can be discovered on the Ocean Market, where they can be purchased and later consumed or sold.

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