Upbit Lists Orca (ORCA) Trading On KRW, BTC Leading To A Surge

Upbit, South Korea’s leading cryptocurrency exchange, has announced that trading for Orca (ORCA) will begin on March 21 at 5:00 PM (KST). The ORCA token will be available for trading in the Korea in Won (KRW), Bitcoin (BTC), and Tether (USDT) markets.

Upbit Lists $ORCA

Upbit has emphasized the importance of verifying the network before making deposits, as transactions sent through unsupported networks will not be processed. Deposits and withdrawals for ORCA will only be supported via the Solana network (ORCA-Solana). Note that deposits and withdrawals will only be processed on the specified ORCA-Solana network.

To ensure a stable and secure trading environment for $ORCA, Upbit has implemented restrictions, for instance, buy orders will be restricted for the first 5 minutes after trading begins. Secondly, after trading begins, sell orders will be limited to prices no lower than 10% below the previous day’s closing price for the first 5 minutes.

Lastly, only limit orders will be supported during the first hour of trading, with other order types restricted.

As of March 21 at 1:50 PM, the most recent market prices for $ORCA were recorded at 2,296 KRW, 0.00001845 BTC, and 1.56 USDT, compared to the previous day’s closing price of 2,349 KRW, 0.00001856 BTC, and 1.6 USDT.

ORCA Market Surges

Following the announcement of the ORCA listing, the crypto project has seen a moderate shift in its market price.

At the time of writing, ORCA is trading at 2,296 KRW, reflecting a slight decline from the previous day’s closing price of 2,349 KRW. Despite the minor price fluctuation, ORCA continues to attract attention as it is added to Upbit’s trading offerings.

Also Read: Upbit to List KAITO on KRW, BTC, and USDT Markets

Written by Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She is part of the team at CryptoNewsZ, where she writes insightful and engaging content. She has also contributed to TheCryptoTimes and The Coin Edition, where her work has been well received by the crypto community. Skilled in research, creative writing, SEO, and cross-functional collaboration, she creates content tailored to diverse audiences. Passionate about education, she dedicates time to teaching kids and expressing herself through poetry. Always eager to learn, she continuously explores new trends in blockchain and digital assets. She believes in the power of storytelling to make complex crypto topics more accessible and engaging for readers worldwide.