CandleFocus South Korea’s Upbit and Bithumb lists MOVE on Dec. 9
2024-12-09
Author: Content Editor
Two major South Korean crypto exchanges, Upbit and Bithumb, have announced that they will list MOVE, the utility token of Movement Labs, on December 9. Upbit sets the minimum sell price limit for MOVE at $0.33 USD or 464.5 KRW. Initially, buy orders will be restricted for five minutes after trading begins, and all orders except limit orders will be restricted after one hour. Bithumb will only offer MOVE for trading on the won market and has not yet determined the base price. Both exchanges will open trading for MOVE at 21:00 KST on December 9, subject to possible changes. The MOVE token is used for staking, delegation, governance events, and gas fee payments on Movement Labs' Ethereum layer 2 solution, which supports MoveVM and EVM transactions.
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