Upbit, one of South Korea’s largest crypto exchanges, continues to expand its trading options. According to the exchange’s official statement, the following tokens will be listed on BTC and BTC: $USDT Trading markets: PEAQ, Litentry (LIT), Kamino Finance (KMNO), Morpho ($Morpho), grams ($GRAM), Lido DAO ($LDO), Pax Gold ($PAXG), osmotic pressure (OSMO), and amp ($AMP).
According to the announcement, trading for these assets will begin on June 19th at 3:00 p.m. The new listing will allow users to buy and sell related tokens using Bitcoin and Tether ($USDT) trading pairs.
The listed projects include prominent names operating in the fields of decentralized finance (DeFi), liquid staking, real-world assets, and blockchain infrastructure. In particular, Lido DAO ($LDO), the gold-backed digital asset Pax Gold ($PAXG), and the DeFi lending protocol Morpho ($Morpho) is one of the companies that is closely followed by investors.
Meanwhile, Upbit also released additional information about its services. $AMP and $GRAM token. Such listing announcements by exchanges generally may cause short-term fluctuations in the trading volume and price of the related assets. Therefore, investors carefully monitor market conditions before trading begins.
In the crypto sector, South Korea-based exchanges have the potential to influence global markets with their listing decisions, especially due to the size of their local investor base. Upbit’s recent move is considered an important development that could positively contribute to the liquidity and trading volume of nine different altcoins by increasing their visibility.
*This is not investment advice.
