South Korea’s leading crypto exchange Upbit, has announced the listing of three new crypto assets: Puffer protocol (PUFFER), Swell Network (SWELL), and Render Token (RENDER).
As per the official announcement, all the three tokens will be available for trading on the BTC, USDT, and KRW markets.
PUFFER and SWELL Listing For BTC/USDT Market
PUFFER and SWELL will be available starting 15:00 (KST) on December 5th, and the Deposit/Withdrawal Start Time would be within 3 hours of this notice.
Puffer(PUFFER), Swell Network(SWELL) Market Support
✅ Supported Market: BTC, USDT Market
📅 Trading opens at: 2024-12-05 15:00 KST (estimated time)🔗 Discover more:https://t.co/ddYJlsvTz9#Upbit #PUFFER #SWELL pic.twitter.com/uBb7D269Ie
— Upbit Korea (@Official_Upbit) December 5, 2024
However, crypto traders must know that for Puffer and Swell, there will be free withdrawal fees for approximately 24 hours after deposits start and standard fees will be applied thereafter.
Users must also ensure that deposits are made through the specified Ethereum network to avoid non-returnable errors. According to the announcement, trading restrictions for both the tokens include a 5-minute delay for buy orders and a minimum sell price limitation.
Advertisement
PUFFER and SWELL are available for the BTC market previous day closing price of 0.00000604 BTC / 0.597 USDT and 0.00000047 BTC / 0.04615 USDT respectively.
RENDER Listing for KRW/USDT Market
RENDER will be available starting 13:00 (KST) on December 5th, and the limit orders will be the only order type allowed for the first hour after trading support begins.
신규 디지털 자산 렌더토큰(RENDER) 거래지원 안내
✅ 지원 마켓: KRW, USDT 마켓
📅 거래지원 개시 시점: 2024-12-05 13:00 예정🔗 공지 바로가기:https://t.co/dK7c9b4EXn#Upbit #RENDER @rendernetwork pic.twitter.com/Mv6JSa9QDg
— Upbit Korea (@Official_Upbit) December 5, 2024
Users must know that initial trading restrictions include a 5-minute buy order delay and a 10% minimum sell price restriction. Note that the transaction for RENDER will be only supported on the Solana network.
As per the notice, RENDER is available for the BTC market previous day closing price of 0.00008872 BTC.
Important Considerations for Deposits and Withdrawals:
- Non-returnable deposits may face delays in refund processing.
- Large digital asset deposits of unclear origin may require proof of source under compliance rules.
- Deposits and withdrawals are only possible with personal wallet addresses that have completed ‘ownership verification’, and even if the deposit is made through a linked personal wallet, a deposit return may need to be processed depending on the network of the asset.
RENDER, PUFFER, SWELL Surge
Advertisement
Hours after the announcement, SWELL rose to $0.04792, surging by 20.60%. Its 24-hour market volume also grew by a massive 255%, reaching $211.79 million. PUFFER, on the other hand, rose by 22.65% in the past 24 hours and is trading at $0.7147. Its 24-hour market volume surged by 95.20% to $235.41 million. RENDER also experienced an impressive rally, currently quoted at $9.72 after a jump of over 9%. Its 24-hour market volume increased by 227.62%, reaching a staggering $4.12 billion.
Also Read: South Korea’s Bithumb Lists Orderly Network, $ORDER Rise by 90%
