Upbit Lists $LIT in South Korean Won Market

Upbit has added a South Korean won trading market for Lighter's $LIT token, allowing customers to purchase it directly with won. The listing went live at 1:00 pm KST on August 24.

The new market will use the previous Bitcoin market closing price of $0.00004500 BTC as a reference for initial order controls. This figure is equivalent to approximately 4,803 won and does not guarantee the token's opening price in the won market.

Upbit has implemented restrictions on early trading to reduce disorderly trading when a new market opens with limited price history. Buy orders will be blocked for approximately five minutes after trading begins, and sell orders priced more than 10% below the previous closing price will also be restricted during that period.

The exchange will continue accepting only limit orders for roughly two hours before broader order functionality becomes available. Upbit may display market warnings if price movements, deposits, or trading volumes rise unusually quickly.