Upbit Lists CFX Token, Expanding Trading Access for South Korean Users

The South Korean crypto exchange Upbit has listed Conflux's CFX token on its platform. This move opens up new trading opportunities for users, allowing them to trade CFX directly in the Korean won market without converting their funds into Bitcoin or a stablecoin.

The listing covers Korean won, Bitcoin, and Tether markets, with trading initially set for 16:00 Korea Standard Time on July 31. However, due to a delay, both services began at 16:45 KST through Conflux eSpace.

The exchange used CoinMarketCap prices to set opening trading restrictions, including prohibiting all buy orders for five minutes after the trade initiation and any sell orders that were priced 10% lower than the last closing price. Limit orders were permitted only during the first two hours of the trade.