$LIT Listed on Upbit: Trading Restrictions in Place
South Korean cryptocurrency exchange Upbit has added the Lighter token ($LIT) to its spot trading platform. The $LIT token will be available on the exchange's Korean won (KRW) trading market, starting from August 24 at 1:00 PM.
The supported network for $LIT is Ethereum, and users are advised to verify network information before making deposits or withdrawals. Upbit emphasized that only transfers made via the Ethereum network will be supported, warning that assets sent using different networks may not be reflected in the account and refund processes may take a long time.
At the start of trading for $LIT, certain restrictions will apply. Buy orders will be limited for approximately five minutes after trading begins, and sell orders placed at 10% or less of the previous day's closing price will not be allowed. Additionally, order types other than limit orders will be restricted for the first two hours.