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Upbit Lists DRIFT Token, Expands Solana-Based Trading Options

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By on November 8, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Upbit Lists DRIFT Token, Expands Solana-Based Trading Options appeared first on Coinpedia Fintech News

Upbit has launched trading support for DRIFT, the governance token of Drift, a Solana-based exchange for perpetual futures trading. DRIFT is now available in KRW, BTC, and USDT markets, with deposits and withdrawals limited to the Solana network only. Trading will start at 6 PM on November 8. Initial restrictions include buy limits and minimum sell prices within the first few minutes of trading, as well as limiting order types to “limit orders” for the first hour. Drift’s JIT auction system enables rapid transaction settlement, enhancing trading speed and transparency.

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