South Korean exchange Upbit has announced the launch of trading for the cryptocurrency Cat in a Dog's World (MEW) in Bitcoin (BTC) and USDT markets. Deposits and trading support will start on September 19.
Upbit Announces MEW Support
Upbit announced the listing of Cat in a Dog's World (MEW) on its platform. MEW trading will be possible in BTC and USDT pairs. The announced changes will enable traders to trade MEW exclusively using Bitcoin and USDT.
Trading Restrictions and Instructions
MEW trading will be supported on the Solana network, and it will begin on September 19 at 19:00 KST. Deposits will be available from 18:44 KST. The announcement also included several restrictions affecting the trading of the new digital assets. For example, trading price restrictions will depend on CoinMarketCap data, and there will be limited buy and sell orders for the first few minutes after trading support begins.
Information about Digital Asset MEW
In Upbit's press release, it was mentioned that MEW is a meme coin issued on the Solana network in March 2024, planning to expand its use cases as its community grows. The exchange also urged traders to consider the risks associated with investing in high-risk digital assets subject to rapid price fluctuations.
Thus, MEW traders will be able to trade assets in BTC and USDT pairs starting from September 19, 2024. Users should be mindful of the established restrictions and possible risks associated with high-risk investments.
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