CreditCoin Token Listed on Upbit
If you’re a crypto enthusiast, you’ll be interested to know that Upbit, the largest cryptocurrency exchange in South Korea, recently announced that it would list the CreditCoin token CTC on the Korean Won market on 12 Dec 2023, around 18:00 as per KST. Following this news, the price of CreditCoin went up by a significant 254.58%, and it is now trading at $0.7301.
What to Expect from CreditCoin on Upbit
According to the official announcement by the Upbit team, Creditcoin will be added to its Korean Won market while also supporting the CTC/BTC trading pair along with other well-established cryptocurrencies.
CreditCoin (CTC) aims to revolutionize the global credit economy by introducing a decentralized platform for secure credit transactions, eliminating intermediaries, and implementing a reputation-based scoring system to facilitate fair transactions.
Upbit Customer Support for CreditCoin
Upbit will extend comprehensive support for CreditCoin, including the CTC/BTC trading pair alongside other prominent cryptocurrencies. Deposit support for CreditCoin is expected to start within one hour of the announcement, while trading support is scheduled to commence on December 12, 2023, at 18:00 KST. During the initial trading period, buy orders will face restrictions for the first 5 minutes, and sell orders will encounter restrictions for the first hour.
At present, CreditCoin is trading at $0.738, reflecting a surge of $263.87 and boasting a market capitalization of $225 million.
Hot Take
The listing of CreditCoin on Upbit is a significant development for the cryptocurrency, as it opens up new opportunities for users and demonstrates the growing prominence of decentralized finance solutions in the digital asset ecosystem. With CreditCoin’s unique approach to secure credit transactions, it is poised to make a strong impact on the evolving landscape of decentralized finance.
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