Ethereum

Token

Movement

Launchpool

<div class="intro-text">
 South Korean crypto exchanges Upbit and Bithumb are set to list the native token MOVE of Movement, an Ethereum Layer 2 solution, on December 9 at 9:00 PM KST.
</div>
MOVE will be tradable against Korean won, Bitcoin, and USDT on Upbit. Bithumb, on the other hand, will list MOVE only in the won market.
Notably, both exchanges noted that the listing time is subject to change based on the launch conditions. They promised to notify users of any adjustments to the schedule.
Upbit<a href="https://upbit.com/service_center/notice?id=4706" rel="noopener noreferrer nofollow"> established</a> a minimum sell price limit for MOVE at $0.33 USD (approximately 464.5 KRW), set 30% below the previous day’s lowest over-the-counter trading price. Additionally, the exchange will restrict buy orders for MOVE for approximately five minutes after trading begins. All orders, except limit orders, will be restricted for about an hour following the launch of MOVE trading.
Bithumb has yet to determine a base price for the token but has<a href="https://m-feed.bithumb.com/notice/1645302" rel="noopener noreferrer nofollow"> confirmed</a> that it has received 33 deposit confirmations for the token. Similar to Upbit, Bithumb will restrict buy orders for MOVE during the first five minutes of trading. Selling orders will also be limited to a range of 10% below to 100% above the standard price during this period.
Movement is an Ethereum Layer 2 solution that supports MoveVM and EVM transactions, offering compatibility with Ethereum applications while enhancing stability and scalability. MOVE is the platform’s utility token, and it powers staking, delegation, governance, and gas fee payments within the ecosystem.
RELATED: <a style="color: #0000ff;" href="https://defi-planet.com/2024/11/hashkey-global-lists-parent-groups-native-token-hsk/" rel="noopener noreferrer nofollow">HashKey Global Lists Parent Group’s Native Token, HSK</a>
In addition to Upbit and Bithumb, Canadian crypto exchange Bitrue has also<a href="https://support.bitrue.com/hc/en-001/articles/40948269487769-Bitrue-Will-List-Movement-MOVE" rel="noopener noreferrer nofollow"> announced</a> the listing of MOVE and the opening of trading for the MOVE/USDT spot pair. Deposits for MOVE are already open, with trading set to begin at 12:00 UTC on December 9, 2024. Withdrawals will be available from 12:00 UTC on December 10, 2024.
To celebrate the launch, Bitrue is hosting a MOVE Launchpool event where users can stake its native token, BTR, to share 9,000 MOVE. New users can also win a grand prize of 1,012 USDT by completing the designated tasks.&nbsp;
&nbsp;
If you want to read more news articles like this, visit <a style="color: #0000ff;" href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on <a style="color: #0000ff;" href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a style="color: #0000ff;" href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a style="color: #0000ff;" href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a style="color: #0000ff;" href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, and <a style="color: #0000ff;" href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap Community.</a>
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
The post <a href="https://defi-planet.com/2024/12/south-korean-crypto-exchanges-upbit-and-bithumb-to-list-movement-labs-move-token/" rel="noopener noreferrer nofollow">South Korean Crypto Exchanges Upbit and Bithumb to List Movement Labs’ MOVE Token</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

South Korean Crypto Exchanges Upbit and Bithumb to List Movement Labs’ MOVE Token

DeFi Planet

Other articles published on Dec 10, 2024

Stablecoin Market Cap Hits $200 Billion: Understanding the Growth Behind This Milestone

From zero to millions — experts back new defi token to outshine Ethereum and Cardano

Ethereum's Bullish Rally: Funding Rates at Multi-Month Highs

CULT Memecoin Soars After $207M Airdrop to Milady NFT Holders

Can XRP Really Reach $100 In 2025? Analysis And Perspectives

Could quantum computing threaten Satoshi Nakamoto’s 1 million Bitcoin?

Join our free newsletter for daily crypto updates!