Upbit said it will list PolySwarm’s NCT token against the Korean won at 9 p.m. KST on Aug. 26, adding a new KRW trading pair for the token. Following the listing announcement, NCT rose more than 200% over the past 24 hours. The exchange said temporary trading controls will apply at launch: buy orders will be blocked during the first five minutes, and only limit orders will be accepted during the initial phase. Upbit also said it will waive trading fees for the NCT/KRW pair during the first 24 hours after listing. For deposits and withdrawals, the platform currently supports NCT transfers only through the Ethereum network. PolySwarm uses the NCT token to reward threat intelligence providers and to grant access to security data services.
Upbit said it will list PolySwarm’s NCT token in a Korean won trading pair at 9 p.m. KST on Aug. 26. After the announcement, NCT posted a gain of more than 200% over the past 24 hours.
Temporary controls at launch
According to the exchange, temporary trading restrictions will apply when NCT/KRW goes live. Buy orders will not be allowed during the first five minutes, and only limit orders will be supported in the initial trading period.
Fee waiver for the first 24 hours
Upbit said trading fees for the NCT/KRW pair will be waived during the first 24 hours after listing.
Ethereum-only transfers for now
The exchange currently supports NCT deposits and withdrawals only through the Ethereum network.
How NCT is used in PolySwarm
PolySwarm uses the NCT token to reward threat intelligence providers and to provide access to security data services.
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