Bitcoin Exchange Upbit Announces Listing of This Altcoin on Its Spot Trading Platform! Here Are the Details

South Korea’s leading digital asset exchange Upbit has announced the listing of Orca ($ORCA) for trading on the KRW, $BTC, and $USDT markets.

Upbit Lists Orca ($ORCA) on KRW, $BTC and $USDT Markets

Deposit and withdrawal support for $ORCA on the Solana network will begin within two hours of the announcement, with trading set to begin at 17:00 UT on March 21.

Orca ($ORCA) Listing Details

• Markets: KRW, $BTC, $USDT
• Network: Solana
• Deposit Start: Within two hours after announcement
• Start of Operation: March 21, 17:00

To ensure market stability, Upbit has implemented the following temporary trading restrictions:

• Buy Orders Restricted: For the first five minutes after listing.
• Minimum Sell Price Limit: Sell orders that are 10% below the previous day's closing price will be restricted for the first five minutes.
• Order Type Restrictions: Only limit orders will be allowed for the first hour after listing.

Deposit and Withdrawal Instructions

Users should verify the correct network before depositing funds, as unsupported deposits may take time to be refunded.

• Deposits made from unverified exchanges will not be processed.
• Withdrawals and deposits can only be made to a personal wallet address that has passed ownership verification.
• High value deposits may require users to provide proof of funds.

What is Orca ($ORCA)?

Orca is a decentralized exchange (DEX) operating on the Solana and Eclipse chains using the Concentrated Liquidity Market Maker (CLMM) model.

The project also offers code-free token creation tools, making it easy for users to launch their own tokens. The $ORCA token serves as a governance token, allowing holders to propose and vote on governance decisions.

*This is not investment advice.