Upbit, a leading cryptocurrency exchange, has announced the listing of TAIKO on its platform, offering users more trading options. TAIKO will be available for trading on multiple markets, including KRW, BTC, and USDT, and will support deposits and withdrawals through its networks, including Ethereum.

The listing is expected to increase accessibility and flexibility for users interested in cryptocurrency transactions. However, Upbit has advised users to verify network compatibility before initiating deposit transactions to ensure smooth operations. The exchange has specified that only deposits and withdrawals through designated networks (TAIKO-Taiko and TAIKO-Ethereum) will be supported, and transactions sent through unsupported networks will not be accepted.

To manage market volatility, Upbit will implement trading limits, restricting buy orders for approximately five minutes. Sell orders priced at -10% or lower compared to the reference price will also face a five-minute restriction. Additionally, market and pending orders will be subject to a one-hour restriction after trading begins. Upbit has emphasized its commitment to security, ensuring that only verified wallet addresses will be eligible for deposit and withdrawal transactions.

In conclusion, Upbit's listing of TAIKO is a significant development in the cryptocurrency market, offering users more trading options and flexibility. With its emphasis on security and smooth operations, Upbit aims to provide a seamless trading experience for its users.