Upbit, one of South Korea’s leading cryptocurrency exchanges, announced that it will provide new trading support for Seeker ($SKR) token. According to the announcement, $SKR will be available for trading on the KRW, $BTCAnd $USDT markets.
According to the timeline shared by the exchange, deposit and withdrawal transactions will begin within an hour and 30 minutes of the announcement being made. Transaction support is expected to be enabled on February 24 at 4:00 p.m. $SKR Transfers can only be made via the Solana network; Transfers from other networks will not be supported.
At the start of trading, some temporary restrictions will be implemented to protect investors. As a result, purchase orders will be limited for the first 5 minutes or so. During the same period, sell orders lower than 10% of the previous day’s closing price will not be authorized. Additionally, only limited orders will be accepted during the first two hours.
From 1:35 p.m. on February 24, the price of $SKR is 27.45 KRW, 0.0000003 $BTCand 0.019 $USDT. The previous day’s closing price was 26.88 KRW.
The Seeker project stands out as an initiative developed on the Solana mobile ecosystem, aiming to offer a vision of a more open mobile platform. THE $SKR the token plays an active role in staking, reward mechanisms and governance processes. The exchange also warned investors to carefully check network information and contract address before transferring funds.
*This does not constitute investment advice.