Bitcoin exchange Upbit has announced the listing of the TOSHI altcoin. According to the company, trading for the TOSHI/KRW and TOSHI/USDT pairs will begin at 3:00 PM on September 17th.
Upbit Lists TOSHI
Deposits and withdrawals for TOSHI via the Base network will be available within two hours of the announcement. Upbit cautioned investors to carefully select their network. Deposits made outside of the specified network will not be supported, and refunds may take longer.
The statement also included trading restrictions. Buy orders will be closed for the first five minutes after trading opens, and sell orders will not be placed for more than 10% below the previous closing price during the same period. For the first two hours, only limit orders will be accepted.
According to the latest price data, TOSHI is trading at 0.8324 KRW and 0.0006025 USDT as of 11:10 AM on September 17.
TOSHI is named after the cat of Bitcoin creator Satoshi Nakamoto and Coinbase co-founder Brian Armstrong. The project, which aims to become the official meme coin of the Coinbase ecosystem, is managed by the community-based Meow DAO. TOSHI is also expanding its ecosystem with services like NFT collectibles and the “Toshi Mart” token launchpad.
Upbit advised investors to only trade via verified personal wallets and reminded them that additional documentation may be requested for suspiciously large investments.
*This is not investment advice.
