Making a significant move on the South Korean cryptocurrency exchange, Upbit and Bithumb announced that they plan to offer new Korean won (KRW) trading pairs for popular digital assets.
Upbit and Bithumb to List New Korean Won Trading Pairs for Crypto Assets
Upbit Will List ID (SPACE ID) KRW Trading Pair:
Upbit, known as South Korea's largest cryptocurrency exchange, announced its intention to list the ID Korean won trading pair.
ID (SPACE ID), the native token of the ID platform, experienced a significant rise, increasing by 61.1% with the listing news.
The decision to introduce the ID KRW trading pair underlines Upbit's commitment to providing its users with a variety of trading options and facilitating access to emerging digital assets.
Bithumb to List Gitcoin (GTC) KRW Trading Pair:
Meanwhile, Bithumb, the second largest cryptocurrency exchange in South Korea, has also joined the trend of expanding its trading pairs. Bithumb's announcement was the listing of the Gitcoin (GTC) Korean won trading pair.
Gitcoin, a decentralized platform that supports community-driven software development, has been gaining traction recently.
Bithumb's decision to include the GTC KRW trading pair reflects the exchange's strategy to meet the evolving needs of its user base and gain exposure to innovative blockchain projects.
*This is not investment advice.