[Upbit Notes] New Listing Update

Photo by AbsolutVision on Unsplash

Upbit added following digital asset on BTC market

  • BTC Market : CTC, LPT

*The deposit for CTC, LPT will be open within 1 hour of the announcement.
*Minimum deposit amount of CTC is 15 CTC and Upbit only supports ERC-20 protocol for deposit. (Deposits from the other networks (ex) Mainnet, BSC) cannot be supported.)
*Minimum deposit amount of LPT is 1 LPT and Upbit only supports ERC-20 protocol for deposit. (Deposits from the other networks (ex) BSC) cannot be supported.)

When trading CTC, LPT 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
. CTC : Based on the closing price (0.0000448 BTC) of Coinmarketcap in previous day, sell orders lower than -10% will not be allowed.
. LPT : Based on the closing price (0.0008031 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.
    . CTC : 0.00004465 BTC, LPT : 0.0008284 BTC (2021. 12. 29. 13:45 (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.

CTC (Creditcoin) project description:
Creditcoin aims to address the lack of credit system among the unbanked in the emerging market. People who cannot access the banking system have to borrow from non-banks. However, credit records with non-banks are not accepted by the banks since they cannot trust the data. The project aims to solve the problem by recording credit transaction history objectively on a public blockchain.

LPT (Livepeer) project description:
Livepeer is the first live video streaming network protocol that is fully decentralized. The platform aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcaster companies. As stated in the official Livepeer whitepaper, the live video streaming and broadcasting industry is growing at a rapid pace, and the company is looking to ride this wave and introduce decentralization to the environment. Livepeer was used at crypto-focused events like DevCon and Ethereum Core dev calls. It has since moved to target more large-scale applications and are integrating with various Web 3.0 protocols to become the critical infrastructure in the crypto-enabled ownership economy.

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