Upbit to List RedStone (RED) on KRW Market September 5

Upbit confirms RedStone (RED) will begin trading against the Korean won on September 5, supporting Ethereum network transactions under controlled launch conditions.

ETH

Summary

Upbit officially announced that RedStone (RED) will be listed on its KRW trading market starting September 5, 2025. Trading will commence at 17:00 KST, with buy orders limited for around five minutes to stabilize activity. Sell orders must remain above 90% of the previous day’s closing price. The listing will support transactions on the Ethereum network, according to Upbit’s press release.

Terms & Concepts
  • Exchange Listing: The process of making a cryptocurrency available for trading on an exchange.
  • KRW Market: A trading pair market on crypto exchanges where cryptocurrencies are traded against the South Korean Won (KRW).
  • Ethereum Network: A decentralized blockchain platform that supports smart contracts and is widely used for issuing and transferring tokens.