CreditCoin Explodes: Upbit Listing Sends CTC to $0.73!

In a groundbreaking move, Upbit, South Korea’s premier cryptocurrency exchange, has set the stage for a significant financial shake-up. Brace yourselves as we delve into the details of their latest announcement, which is sending shockwaves through the crypto world. We’re just as excited as you!

CreditCoin To Be Listed on Upbit!

Upbit, not one to shy away from making waves, has declared that the CreditCoin token (CTC) will join the ranks of the Korean Won market on December 12, 2023, precisely at 18:00 KST. Hold on to your hats, as this revelation has propelled CreditCoin’s value to new heights, soaring by an astonishing 254.58%. As of now, the token is confidently navigating the market currents at $0.7301.

According to the official announcement by the Upbit team, Creditcoin will be added to its Korean Won market. Meanwhile, it will support the CTC/BTC trading pair too, along with the other prominent cryptocurrencies. 

Read: Upbit Hacking Attempts Surge 117% in a Year: Is Your Crypto Safe?

Bridging the Gap in Credit Transactions

CreditCoin (CTC) aims to revolutionize the global credit economy by introducing a decentralized platform for secure credit transactions. 

The project’s key features include the elimination of intermediaries, faster and more accessible credit processes, and the implementation of a reputation-based scoring system to facilitate fair transactions.

Additionally, CreditCoin stands out for its interoperability with existing credit systems, allowing users to seamlessly exchange their credit ratings for tokens. This unique approach positions CreditCoin as a promising player in the evolving landscape of decentralized finance.

Upbit’s Winning Edge

With the listing, Upbit will extend comprehensive support for CreditCoin, including the CTC/BTC trading pair alongside other well-established cryptocurrencies. 

Deposit support for CreditCoin is slated to commence within one hour of the announcement. However, deposits from exchanges not linked with VV will undergo a review process before being reflected in users’ accounts

Meanwhile, the trading support for CreditCoin is scheduled to kick off on December 12, 2023, at 18:00 KST. During the initial trading period, buy orders are expected to face restrictions for the first 5 minutes, while sell orders will encounter restrictions for the first hour. 

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The numbers speak for themselves!

As per the latest data, CreditCoin is trading at $0.738, reflecting an impressive surge of $263.87 and boasting a market capitalization of $225 million.