Korea’s Upbit Will Launch CARV Korean Won, BTC & USDT Trading Pairs Today

Leading crypto exchange Upbit will launch CARV Korean Won (KRW), BTC and USDT trading pairs today, and trading is expected to open at 15:00 local time.

As per Upbit’s official statement, purchasing of the CARV is restricted for approximately 5 minutes after transaction . Upbit has also informed about the minimum sell price limit for $CARV which is fixed at less than 10% of the previous day’s closing price.

CARV Previous day’s closing price Recent prices (as of 11:50 on October 15)
1,248 KRW 1,281 KRW
0.00001392 BTC 0.00001434 BTC
0.9181 USDT 0.9394 USDT

Upbit has kept restrictions on order types, as it noted(a rough translation), “All types of orders except limit orders are restricted for approximately 1 hour after transaction ” and deposits and withdrawals will be only ed “through the guided network (CARV-Base)”.

When it comes to CARV’s market performance, the token was recently launched across top exchanges like KuCoin, Bybit, and is currently trading at $1.34 after a surge of 4.28% in the last day. Its market volume has gone up by over 40% and is currently at $158.59M

The CARV ecosystem has received $50 million in funding from top-tier investors and has already reached more than 900 official gaming partners.

Also Read: Coinbase Lists DEGEN on 15 October, Triggering a Brief 20% Rally

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Ritu Lavania
Written by Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She is part of the team at CryptoNewsZ, where she writes insightful and engaging content. She has also contributed to TheCryptoTimes and The Coin Edition, where her work has been well received by the crypto community. Skilled in research, creative writing, SEO, and cross-functional collaboration, she creates content tailored to diverse audiences. ionate about education, she dedicates time to teaching kids and expressing herself through poetry. Always eager to learn, she continuously explores new trends in blockchain and digital assets. She believes in the power of storytelling to make complex crypto topics more accessible and engaging for readers worldwide.