South Korean Bitcoin Exchange Upbit Announced That It Added Tether to Korean Won and Bitcoin Pairs!

South Korean digital asset exchange Upbit announced the addition of Tether (USDT) to the KRW and BTC markets.

Upbit Announces Addition of Tether (USDT) to KRW and BTC Markets

USDT Addition Details:

Digital Asset: Tether (USDT)

Markets: KRW, BTC

Supported Networks: Tron, Ethereum

Deposit Start Time: Within 3 hours from the announcement

Important notes:

Users are advised to verify the network before making any deposits. Deposits made through networks other than Tron and Ethereum will not be supported.

Upbit has outlined certain trading restrictions to ensure market stability in the initial phase of USDT trading.

Buy Restriction: Buy orders will be restricted for approximately 5 minutes after trading support starts.

Minimum Sell Price Restriction: Sell orders at prices 10% below the previous day's closing price will be restricted for approximately 5 minutes after trading support begins.

Market and Reserved Order Restriction: Market and reserved orders will be restricted for approximately 1 hour after trading support starts.

Previous Day Closing Prices:

USDT: 1,387 KRW

USDT: 0.00001411 BTC

Users should carefully follow the instructions provided for deposits. Deposits that cannot be processed may experience significant delays in refunds.

*This is not investment advice.