Upbit, South Korea's largest cryptocurrency exchange, announced the launch of Ondo Finance (ONDO) trading pairs, including ONDO/KRW, ONDO/BTC, and ONDO/USDT.
Upbit Launches Ondo Finance (ONDO) Trading Pairs Amid Regulatory Changes
The move comes as South Korean exchanges step up listing activity in response to new regulatory requirements.
New regulations aimed at increasing the transparency and security of cryptocurrency trading have prompted exchanges in South Korea to accelerate the listing of various coins.
Upbit's addition of Ondo Finance (ONDO) to its trading platform is part of this broader effort to comply with the updated regulatory framework.
With the launch of ONDO trading pairs, Upbit users now have expanded options for trading Ondo Finance's tokens using South Korean Won (KRW), Bitcoin (BTC), and Tether (USDT).
This addition is expected to provide greater liquidity and flexibility for investors on the platform.
What is Ondo Finance?
Ondo Finance is a decentralized finance (DeFi) platform that offers innovative financial products aimed at providing predictable returns and improved capital efficiency for its users.
The inclusion of ONDO on Upbit is expected to increase the token's visibility and accessibility in the South Korean market.
*This is not investment advice.