Upbit Announces the Launch of the BTC/BLUR Trading Pair

  1. Upbit has announces the launch of the BTC/BLUR trading pair.
  2. Binance is the only mainstream exchange that has not yet listed BLUR.
  3. Upbit takes various measures such as limiting the minimum order amount.

On February 16, Upbit, South Korea’s largest exchange, announced the launch of the BTC/BLUR trading pair. This latest addition to Upbit’s already impressive selection of cryptocurrency trading pairs provides users with an additional option for trading Bitcoin, allowing them to capitalize on the rising price of BLUR tokens.

Read CRYPTONEWSLAND on Google News google news

According to related sources, users can transfer funds from Bybit for deposit and withdrawal. This feature makes it convenient for users to transfer funds between Bybit and other external wallets and bank accounts.

Currently, Binance is the only mainstream exchange that has not yet listed BLUR. This lack of support is ironic according to experts, considering Binance was one of the first exchanges to list other crypto assets and has become the gold standard for cryptocurrency trading.

In addition to this, it is essential to be aware that BLUR only accepts deposits made over the Ethereum (ERC-20) network. The use of deposits made via other networks, such as BSC, is not supported, as stated by Upbit.

Therefore, before making a deposit, users are advised to check whether their virtual asset provider is on the list of those supported by Upbit for both depositing and withdrawing virtual assets. 

According to a recent announcement, Upbit takes various measures such as limiting the minimum order amount to create a stable trading environment. 

However, depending on the overheated investment environment, the order stabilization message may be exposed to some members. According to the team, this is an unavoidable measure to process the order of the member who ordered first and to ensure stable service.

Read Also :

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

related posts