Upbit announced that it will list Intuition Altcoin.

South Korea's largest cryptocurrency exchange Upbit 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 begin trading with South Korean Won (KRW), Bitcoin (BTC), and Tether (USDT) trading pairs. The start of trading is a piece of news that investors are eagerly anticipating.

Intuition (TRUST) will be available on the exchange platform as of November 5 at 8:00 PM. However, according to Upbit's statement, TRUST deposits can only be made through the Base network. The lack of support for transfers from other networks is an important issue for investors to consider. It has been warned that in such a case, the refund of funds may take a long time.

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

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