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Upbit Listing BEAM on Trading Markets

May 31, 2024

Cryptocurrency exchange Upbit has declared its decision to include BEAM, a novel digital asset, on its trading platforms.

Upbit Introduces BEAM Trading Support on KRW, BTC, and USDT Markets

Crucial Details for BEAM Trading on Upbit:

  • Ticker Confusion: Some platforms might display this asset as BEAMX. Nevertheless, on Upbit, the BEAM token is associated with the contract address 0x62D0A8458eD7719FDAF978fe5929C6D342B0bFcE.

  • Users are urged to confirm this contract address before executing any deposits or withdrawals.

  • Initial Buying Restriction: There will be a restriction on buying orders for around 5 minutes post-launch.

  • Minimum Sell Restriction: Sell orders are constrained for the initial 5 minutes, with prices 10% lower than the previous day's closing rate.

  • Market and Booking Order Restriction: Market and booking orders will encounter limitations for approximately one hour following the launch.

About BEAM:

BEAM is a blockchain initiative associated with gaming led by the DAO Merit Circle game. Its goal is to establish a robust blockchain gaming environment using Beam Network structured on the Avalanche subnet.

  • The Beam SDK offers seamless integration between games and Beam Network and incorporates an NFT marketplace named Sphere for trading gaming assets.

*Please note that this content does not constitute investment advice.

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