Bitcoin Exchange Upbit Announces Listing This Altcoin on Spot Trading Platform! Here are the details

South Korea's leading digital asset exchange Upbit has announced that it has listed Ravencoin (RVN) in the Korean Won (KRW) market and has further expanded access to its blockchain platform optimized for asset transfers.

Upbit is listing Ravencoin (RVN) on the KRW market starting from June 5.

Trade Details

Asset: Ravencoin (RVN)

Market: KRW

Network: Ravencoin

Start of Trading: June 5, 2025, 17:00

Users are advised to verify the network before making a deposit, as only RVN-Ravencoin network transactions are supported. Deposits made through other networks will not be processed, and there may be significant delays in refunds.

To provide a fair and stable trading environment, Upbit will implement the following temporary restrictions:

Buy Orders Are Blocked: For about 5 minutes after the start of the transactions.

Sale Price Floor: Sell orders below 90% of the previous day's closing price will be restricted for the first 5 minutes.

Order Type Restriction: Only limit orders will be accepted during the first 2 hours of transactions.

Based on the previous day's closing price in BTC market, the reference price for RVN would be 0.00000011 BTC (≈15.97 KRW).

Users must strictly adhere to Upbit's deposit rules. Only wallets belonging to the user that have completed ownership verification will be accepted.

Deposits must be made (VASP) from registered virtual asset service providers; otherwise, it will not be reflected in user accounts.

Unsupported deposit transactions may require a lengthy refund process.

What is Ravencoin?

Ravencoin (RVN) is a blockchain platform designed for the efficient transfer of digital assets and tokens.

Upbit's addition of RVN to the KRW market is another step towards expanding its token offerings and supporting the emerging blockchain infrastructure.

*This is not investment advice.

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