$CAP Listed on Upbit with KRW, BTC, and USDT Markets
South Korean cryptocurrency exchange Upbit listed CAP's $CAP token on its platform on August 6, making it available for trading in KRW (Korean won), BTC (Bitcoin), and USDT markets. This move provides direct access to the $CAP token for users of Upbit's won market, about five weeks after Bithumb introduced its own $CAP/KRW pair.
The listing also brings three new markets for $CAP: KRW, $BTC, and $USDT. However, early restrictions were applied to ensure sufficient liquidity in the markets. Buy orders were blocked for about five minutes after trading began, and sell orders priced more than 10% below the previous day's closing price were restricted for a similar period.
$CAP is currently traded on various global venues, including Bithumb, Coinbase, Bybit, and others. The listing expansion by Upbit may attract new users to the platform and increase trading volumes in the $CAP token.