South Korea-based cryptocurrency exchanges Upbit and Bithumb announced they would add Perle ($PRL) token on their trading platforms. According to the announcements, $PRL will be exchanged for Korean Won (KRW), BTC and USDT. While the start of trading is scheduled for today, some platforms have updated their opening hours, postponing them until the evening.
Deposit and withdrawal options for $PRL will be activated shortly after the announcement. However, only the Solana network will be supported and transfers from other networks will not be accepted. Exchanges have warned users to carefully check network compatibility before transacting.
Temporary trading restrictions will be implemented alongside the new listing. As a result, buy orders will be limited for the first 5 minutes after trading begins. Sell orders less than 10% and more than 100% of the designated reference price will not be allowed during the same period. Additionally, only limited orders will be valid for the first two hours.
The Perle Project offers a blockchain-based infrastructure focused on the production and verification of data used in artificial intelligence (AI) training. The platform aims to ensure transparency and traceability by recording data generated and verified by human experts on the blockchain. THE $PRL The token serves as a reward and incentive mechanism for users contributing to this ecosystem.
Experts say this list $PRL on major exchanges could increase the visibility of the project and lead to an increase in trading volume.
*This does not constitute investment advice.