The cryptocurrency exchange Upbit announced today that it will list Pendle (PENDLE). Accordingly, Pendle will now be traded on Upbit in the KRW and BTC markets. A low fee policy will be applied for a short period for transactions conducted on the Ethereum network.
Upbit to List Pendle
Pendle (PENDLE) will now be available for trading in KRW and BTC pairs on the Upbit exchange. Pendle will be traded on the Ethereum network. All preparations will be completed within 2 hours from the opening of transactions on the Ethereum network.
Upbit announced that it aims to ensure smooth transactions by warning users to use the correct network. Transactions conducted outside the Ethereum network are not supported, so investors need to be cautious.
Certain limitations and special conditions have been set for Pendle transactions. For the first 5 minutes, buy orders, sell orders 10% below the last closing price, and market and reserve orders will be limited. These limitations will help new entrants to the cryptocurrency world to act cautiously. Additionally, Pendle withdrawal fees will be free for the first 24 hours after transactions begin. After this period, standard fees will apply.
