Upbit, one of South Korea’s leading cryptocurrency exchanges, has announced that it will provide new trading support for the Seeker (SKR) token. According to the announcement, SKR will be available for trading on the KRW, BTC, and USDT markets.
According to the schedule shared by the exchange, deposit and withdrawal transactions will begin within 1 hour and 30 minutes of the announcement’s publication. Transaction support is planned to be activated on February 24th at 16:00. SKR transfers can only be made via the Solana network; transfers from other networks will not be supported.
At the start of trading, some temporary restrictions will be implemented to protect investors. Accordingly, buy orders will be limited for the first approximately 5 minutes. During the same period, sell orders below 10% of the previous day’s closing price will not be allowed. In addition, only limit orders will be accepted for the first two hours.
As of 1:35 PM on February 24th, the price of SKR is 27.45 KRW, 0.0000003 BTC, and 0.019 USDT. The previous day’s closing price was 26.88 KRW.
The Seeker project stands out as an initiative developed on the Solana mobile ecosystem, aiming to offer a more open mobile platform vision. The SKR token plays an active role in staking, reward mechanisms, and governance processes. The exchange also warned investors to carefully check the network and contract address information before transferring funds.
*This is not investment advice.