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Exchanges

South Korea’s Largest Cryptocurrency Exchange Upbit Announces Listing of a New Altcoin!

NBTCBy NBTC11/12/2024No Comments2 Mins Read

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South Korea’s largest cryptocurrency exchange Upbit announced plans to list Movement (MOVE) on December 9.

Upbit to List Movement (MOVE) with KRW, BTC and USDT Trading Pairs

The listing will feature trading pairs denominated in KRW, BTC, and USDT, providing users with multiple options for trading tokens.

What is Movement (MOVE)?

Movement is an Ethereum Layer 2 solution designed to increase scalability and transaction efficiency. It supports both MoveVM and EVM transactions, enabling faster and more cost-effective transactions while offering compatibility with the Ethereum ecosystem.

Key Listing Details

Start Time: December 9, 2024, 20:00

Trading Pairs: MOVE/KRW, MOVE/BTC, MOVE/USDT

Features: The project leverages Layer 2 technology to bridge Ethereum’s ecosystem with additional functionality and aims to support a wide range of decentralized applications (dApps).

MOVE’s listing on Upbit highlights the growing demand for Ethereum Layer 2 solutions in the cryptocurrency market, particularly in South Korea, a hub for crypto adoption.

MOVE’s integration with both MoveVM and EVM could attract developers and merchants looking for interoperable and efficient blockchain solutions.

Upbit is one of the most influential cryptocurrency exchanges in Asia, known for its rigorous vetting process and extensive trading options. The inclusion of Movement (MOVE) underscores its commitment to bringing innovative and emerging blockchain projects to its user base.

This listing is expected to increase MOVE’s visibility and trading volume, and expand its accessibility to South Korean and global investors.

*This is not investment advice.

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NBTC

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