"CPOOL listings in South Korean exchanges skyrocketed prices."

South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, drew investors' attention by deciding to list Clearpool (CPOOL) altcoin on the same day. Following these listings, the price of CPOOL rose from $0.09584 to $0.1723, representing an increase of approximately 79.8%.

On October 22, Upbit announced that CPOOL would be listed with trading pairs in South Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). Trading was set to begin at 16:30. However, it was noted that deposits would only be accepted via the Ethereum (ETH) network, and transfers from other networks would not be supported, warning investors that incorrectly made transfers could result in extended delays for fund refunds.

Bithumb also announced the same day that CPOOL would start trading at 16:30, only in the South Korean Won (KRW) trading pair. Bithumb reiterated that deposit transactions would only be valid for the Ethereum network and that transfers from other networks should not occur. Additionally, the exchange announced that it would restrict buy orders during the first 5 minutes after listing and that orders for sales below 10% or above 100% of the starting price would be prohibited. As an advantage for investors, Bithumb will not charge transaction fees for CPOOL transactions between October 22-24.

According to CoinGecko data, this significant increase in CPOOL’s price following the recent developments has heightened investor interest in this asset. Therefore, investors considering investing in CPOOL should closely follow the listing conditions and the announcements from the relevant platforms.