Upbit Lists Cap Token in KRW, BTC, and USDT Markets

The South Korean cryptocurrency exchange Upbit has listed Cap's CAP token in its KRW (Korean won), BTC (Bitcoin), and USDT markets. The listing was announced on August 6, with trading commencing at 14:00 KST (Korea Standard Time).

Upbit has restricted purchases and low-priced sell orders for the first two hours after listing, while also limiting order types during this period.

The exchange supports CAP deposits and withdrawals through Ethereum only, with a specific contract address provided to users. Upbit warns that transfers from other networks may not be credited normally.

This is the second major South Korean won market for CAP, following Bithumb's listing in June. The new listing provides local users with additional routes to buy CAP with fiat currency and gives existing crypto holders more options through Bitcoin and Tether pairs.