South Korea-based cryptocurrency exchange Upbit announced that it will launch the digital asset Story(IP) in KRW, BTC and USDT pairs on August 8, 2025.
Upbit Will List Story(IP) Coin on KRW, BTC and USDT Markets
According to the exchange’s statement, IP token deposits will begin within 1 hour and 30 minutes of the announcement, with transaction support becoming active at 1:00 PM Turkish time. Deposits and withdrawals can only be made via the IP-Story network.
Transaction Restrictions and Price Information
- Buy orders will not be allowed for the first 5 minutes after the start of trading support.
- Again, in the first 5 minutes, a sell order cannot be entered that is 10% below the previous day’s closing price.
- Only limit order types can be used for 2 hours after the transactions start.
As of August 8th at 10:50 CET, IP price is:
- 658 KRW
- 00005348 BTC
- It is at the level of 25 USDT.
What is Story (IP)?
Story stands out as a Layer-1 blockchain network specifically designed for intellectual property. All types of digital content, including visuals, music, NFTs, and artificial intelligence models, can be tokenized on the platform.
Copyright agreements, author information, and terms of use are stored directly on the blockchain, ensuring transparent and decentralized rights management.
IP, the native token of the Story ecosystem, is used for network gas fees, validator staking, and other uses within the ecosystem.
*This is not investment advice.