Upbit and Bithumb to Delist UXLINK Spot Trading

South Korea’s leading crypto exchanges announce plans to remove UXLINK spot trading from their platforms.

Summary

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Terms & Concepts
  • Spot Trading: The purchase or sale of a cryptocurrency for immediate delivery, rather than for future settlement.
  • Delisting: The removal of a digital asset from an exchange’s trading offerings, preventing further buying or selling on that platform.
  • UXLINK: A specific cryptocurrency scheduled for removal from trading on the Upbit and Bithumb exchanges.