Upbit to List HYPE With Direct Korean Won Trading
HYPE gained 1.4% in a 35-minute window around the announcement as Upbit prepared to open three trading pairs.
South Korean crypto exchange Upbit announced plans to list HYPE with direct Korean won trading pairs, according to TheDefiant. The token gained 1.4% in a 35-minute window surrounding the listing announcement, outperforming bitcoin during the same period.
Trading Pairs and Expansion
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Upbit prepared to open three trading pairs for the asset, expanding fiat-to-token access for regional market participants. The announcement generated immediate market activity as traders reacted to the incoming liquidity from the won-denominated markets.
Key facts
- Upbit announced the upcoming listing of HYPE with direct Korean won trading.
- The token price increased by 1.4% during a 35-minute window around the announcement.
- HYPE outperformed bitcoin over the measured timeframe.
- The exchange prepared to open three trading pairs.
Source: thedefiant.io
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