- Upbit will list Onyxcoin (XCN) on its KRW and USDT markets.
- The listing grants XCN direct exposure to the active South Korean crypto market.
- New pairs are expected to increase XCN's liquidity and trading volume.
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Upbit to List Onyxcoin (XCN) With 2 New Trading Pairs
Crypto exchange Upbit will list Onyxcoin (XCN) with new trading pairs for the South Korean Won (KRW) and Tether (USDT), providing the token with significant exposure to the Korean market.
"Upbit announced new trading support for Onyxcoin (XCN) on its KRW and USDT markets," an official exchange announcement stated.
The move is expected to increase liquidity and accessibility for the XCN token, which could see a subsequent rise in trading volume. The inclusion of a KRW trading pair is particularly notable, as it offers a direct fiat on-ramp for one of the most active cryptocurrency trading regions globally.
For Onyxcoin, the listing on a major exchange like Upbit represents a critical step in expanding its market presence and holder base. Access to the South Korean market is often viewed as a catalyst for digital assets, potentially leading to increased price discovery and a more diversified pool of traders.
This article is for informational purposes only and does not constitute investment advice.
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