Upbit announced that it will list Intuition Altcoin.

South Korea's largest cryptocurrency exchange Upbit has announced a new development that has caught the attention of investors. According to an announcement made on its official website on November 5, the altcoin Intuition (TRUST) will be traded with Korean Won (KRW), Bitcoin (BTC), and Tether (USDT) trading pairs. The beginning of the trading has been eagerly awaited by investors.

Intuition (TRUST) will be available on the exchange platform at 20:00 on November 5. However, according to Upbit's announcement, TRUST deposits can only be made via the Base network. The lack of support for transfers from other networks is an important consideration for investors. It has been warned that refunds of funds could take a long time in such cases.

Additionally, it has been stated that buy orders will be limited for the first 5 minutes during the listing process, and only limit orders will be accepted within the first 2 hours after trading begins. It is noted that during the first 5 minutes, prices cannot be sold at levels lower than 10% of the previous day's closing price. This situation requires investors to be cautious while making their initial trades.

Investors should closely monitor the price movements of the Intuition (TRUST) altcoin with its listing. Upbit's announcement is considered an important step in the South Korean cryptocurrency market. For those investing in major cryptocurrencies like Bitcoin, the emergence of new altcoins presents an opportunity to shape investment strategies.