Upbit Expands Trading Options with BIGTIME and Akash Network
Upbit, a leader in digital asset exchanges, has declared the addition of BIGTIME and Akash Network (AKT) to its trading platform. This expansion supports multiple currency markets: KRW, *BTC*, and USDT.
Originally scheduled for immediate deployment, AKT deposit and withdrawal services initiation experienced unforeseen delays. The postponement, caused by additional verification needs, was communicated with apologies for any inconvenience and an assurance that services would commence promptly upon resolution of these issues.
BIGTIME, an RPG action game, enters the cryptocurrency arena with its digital asset designed to facilitate in-game item creation and upgrades. It’s set in a pre-destruction world where players engage in an economy centered around user-generated content, including rare items and cosmetic upgrades. The game promotes user ownership of these items, intensifying their role in the game’s economic ecosystem.
Akash Network offers a blockchain solution for trading computing resources like CPU and GPU capacities. Utilizing a Tendermint-based blockchain system, AKT tokens serve multiple functions within the network, from transaction fees and governance to validator staking and service payments.
Trading and Deposit Guidelines
Trading for BIGTIME and AKT will follow specific protocols to ensure market stability. These include restrictions on buy orders and sell orders based on current market prices, and particular attention is advised for compliance with these rules to avoid transaction delays.
Deposits and withdrawals will be processed exclusively on designated networks (Ethereum for BIGTIME and Akash for AKT). The company has also stressed the importance of deposit verification, especially when the assets are sourced from non-listed exchanges, to comply with regulatory requirements.
Upbit has issued a caution regarding the volatile nature of digital asset investments, highlighting the responsibility of investors to inform themselves thoroughly before engaging in trading activities. The alert covers potential rapid price fluctuations and the ongoing differences in pricing between domestic and international platforms.
