Upbit Scheduled CARDS Trading With Five-Minute Buy Ban, Two-Hour Limits

Upbit scheduled Collector Crypt (CARDS) trading to begin at 2:30 a.m. ET (07:30 UTC) Thursday, Nov. 5, across Korean won (KRW), Bitcoin (BTC) and Tether (USDT) markets, with temporary order controls planned for launch. The schedule followed Upbit’s earlier CARDS listing plan.

For about five minutes after the scheduled start, Upbit planned to block buy orders and reject sell orders priced at least 10% below the previous day’s close. For about two hours from launch, it planned to accept limit orders only.

Upbit could delay the start if liquidity remained insufficient after deposits and withdrawals opened. The exchange supports CARDS deposits and withdrawals only on Solana.

Collector Crypt operates a marketplace for physical collectibles represented by nonfungible tokens (NFTs). The items are stored separately, while CARDS is used for peer-to-peer trades and rewards.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to [email protected].