Major cryptocurrency exchange Upbit has announced the listing of CoW Protocol (COW) on its platform, with trading available in KRW, BTC, and USDT.
Launch of CoW Protocol Trading on Upbit
Deposits will open within two hours of the announcement, with official trading set to begin on February 25 at 20:30 KST.
Trading Restrictions and Precautions
To ensure market stability, Upbit has implemented temporary trading restrictions. Buying orders will be restricted for the first five minutes after trading begins, and sell orders below 10% of the previous day’s closing price will be prohibited. Only limited orders will be accepted during the first hour of trading.
Features of CoW Protocol
CoW Protocol operates as an intent-based aggregator, optimizing transaction efficiency through intent messages. The project provides an RPC solution called MEV Blocker and features an Automated Market Maker (AMM); the COW token functions as the governance asset within the protocol.
Upbit cautions investors about potential market volatility and price differences between domestic and global exchanges. Digital asset investments remain highly speculative and may lead to substantial losses.
