Back

Upbit Lists Dogwifhat on South Korean Won, Bitcoin and Tether Markets

According to Upbit's announcement, Dogwifhat will trade against KRW, BTC and USDT on the South Korean exchange, expanding fiat and crypto access and coinciding with a brief price increase.

BTC
USDT
SOL

Fact Check
Two independent, reputable crypto news outlets — PANews ('Upbit将在韩元、BTC、USDT市场上线WIF代币') and Odaily ('Upbit 将上线 WIF 韩元对') — both reported on May 6, 2026 that Upbit listed Dogwifhat (WIF) on KRW, BTC, and USDT markets, each citing an official Upbit announcement. PANews specifically references Upbit notice ID 6197 and a trading start time of 16:00 local time on May 6, 2026, providing granular detail consistent with a genuine exchange listing notice. The Upbit official notice page (notice #6197) could not be directly read due to a Cloudflare block, which slightly reduces certainty, but the consistent and specific corroboration from two independent outlets citing the same primary source strongly supports the claim. No conflicting evidence was found in any search.
    Reference: 123
Summary

Upbit, described as South Korea’s largest cryptocurrency exchange, announced the listing of Dogwifhat (WIF) across its KRW, BTC and USDT markets, expanding access to the Solana-based memecoin through both fiat and crypto trading pairs. Dogwifhat is inspired by a viral image of a Shiba Inu wearing a pink knitted hat. Following the announcement, WIF briefly rose to 0.26 USDT before easing to 0.25 USDT, while its market capitalization exceeded $215 million. The added KRW, BTC and USDT pairs may improve accessibility, liquidity and trading activity for the token.

Terms & Concepts
  • Trading pair: A market that lets traders exchange one asset for another, such as WIF against KRW, BTC or USDT.
  • Memecoin: A cryptocurrency whose branding and popularity are driven largely by internet culture, memes, and online communities rather than a core utility focus.
  • USDT: Tether’s U.S. dollar-pegged stablecoin, commonly used as a trading pair and liquidity instrument across crypto exchanges.