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.

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.

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Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.

programmer & freelance writer