Key Points:
The eagerly awaited IMX trading is scheduled to commence on July 28, 2023, at 13:00.
IMX’s introduction on Upbit brings exciting opportunities for traders, as it opens up a new realm of possibilities for participating in the crypto market with the Korean Won (KRW) and Ethereum-based tokens.
To ensure a secure trading environment and deliver accurate market information to its members, Upbit has laid out specific restrictions on transactions under certain conditions following the addition of IMX to the market.
As part of the IMX launch, South Korean cryptocurrency exchange emphasizes its commitment to providing a safe and stable trading environment for its users. The exchange aims to uphold transparency and safeguard the interests of its community by implementing these measures.
IMX will exclusively support deposits from the Ethereum network, indicating Upbit’s focus on bolstering its Ethereum-based offerings. However, it’s important to note that deposits via other networks, such as Binance Smart Chain (BSC), will not be supported for IMX.
With IMX’s inclusion on Upbit, traders can diversify their portfolios and access a wide array of trading opportunities within the KRW market, enhancing their crypto trading experience.
The upcoming launch of IMX marks another milestone in the crypto industry, as it reflects Upbit’s ongoing efforts to expand its offerings and cater to the growing demand for digital assets.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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