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South Korea’s leading digital asset exchange Upbit has announced the addition of Sign (SIGN) to its KRW, BTC, and USDT trading markets, expanding the number of assets it supports and giving users greater access to Web3 infrastructure projects.
Upbit Starts Sign Trading in KRW, BTC and USDT Markets
According to the official statement, SIGN deposits are currently open, but users are strongly advised to confirm the appropriate network before transferring funds, as deposits made via unsupported networks may be subject to lengthy refund processes.
Upbit also announced trading restrictions to ensure market stability during the launch:
- Buy orders will be restricted for approximately five minutes after trading opens.
- Sell orders below 10% of the previous day’s closing price will be restricted during the same initial period.
- During the first hour after the start of trading, only limit orders will be accepted.
- Pricing restrictions are subject to change based on market conditions at launch.
What is Sign?
Sign is a blockchain project focused on making digital evidence technologies more accessible and user-friendly, and aims to integrate them into both web and real-world applications. The Sign ecosystem includes:
- Token Table: On-chain token distribution product
- ID Sign: Web3 signature verification platform
- Sign Protocol: Omnichain proof protocol
The SIGN token serves many roles within the ecosystem, including gas fees, staking, governance, and as the base currency for decentralized applications.
*This is not investment advice.
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