Upbit Introduces Optimism (OP) Trading Pairs Against KRW, BTC, and USDT

Upbit will support new trading pairs for Optimism (OP) starting July 28, with initial trading restrictions and deposit availability details outlined.

BTC
USDT
OP

Summary

Upbit announced the launch of new trading pairs for Optimism (OP) against KRW, BTC, and USDT effective July 28 at 16:30 local time. OP deposits will open within two hours of the announcement, with initial trading restrictions in place. Following the news, OP's price rose by 8%, currently trading at $0.8013, reflecting increased market interest.

Terms & Concepts
  • Optimism (OP): A layer 2 scaling solution for Ethereum that enhances transaction speed and reduces costs.
  • KRW: The South Korean Won, the official currency of South Korea.
  • USDT: Tether, a stablecoin pegged to the US dollar, used for trading and transactions.