Upbit Lists CAP for Trading Against KRW, BTC, and USDT
The Korean cryptocurrency exchange Upbit has announced the listing of CAP on its platform. Starting August 6 at 5:00 a.m. UTC, CAP will be available for trading against KRW, BTC, and USDT. This move is expected to increase liquidity and accessibility for both retail and institutional investors.
The listing of CAP on Upbit signals confidence in the token's market viability. The inclusion of a KRW pair allows South Korean investors to trade CAP directly with fiat currency, bypassing the need to convert to stablecoin or another cryptocurrency.
Investors should be aware that temporary limits may be imposed during the initial hours of trading to ensure market stability. Upbit typically enforces standard listing protocols, including deposit and withdrawal support timelines.