Bitcoin Exchanges Upbit and Bithumb Announce They’ve Listed This Altcoin on Their Spot Trading Platform! Here Are the Details

South Korea-based cryptocurrency exchanges Upbit and Bithumb have announced they will add the Perle (PRL) token to their trading platforms. According to the announcements, PRL will be traded against the Korean won (KRW), BTC, and USDT. While trading is planned to begin today, some platforms have updated their opening times, postponing them to the evening.

Deposit and withdrawal options for PRL will be activated shortly after the announcement. However, only the Solana network will be supported, and transfers from other networks will not be accepted. Exchanges have warned users to carefully check network compatibility before making transactions.

Temporary trading restrictions will be implemented in parallel with the new listing. Accordingly, buy orders will be limited for the first 5 minutes after trading begins. Sell orders below 10% and above 100% of the designated reference price will not be allowed during the same period. Furthermore, only limit orders will be valid for the first two hours.

The Perle project offers a blockchain-based infrastructure focused on the production and verification of data used in artificial intelligence (AI) training. The platform aims to ensure transparency and traceability by recording data generated and verified by human experts on the blockchain. The PRL token serves as a reward and incentive mechanism for users contributing to this ecosystem.

Experts say that listing PRL on major exchanges could increase the project’s visibility and lead to increased trading volume.

*This is not investment advice.

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