Upbit’s upcoming listing of the SUN token marks another step in its strategy to stay competitive with rival exchange Bithumb, as the South Korean market heats up.
Upbit will list the SUN token, native to the SunPump platform built on TRON, with trading pairs in KRW and USDT starting Sept. 22. The token is used for governance, staking, and paying platform fees, and its listing adds to the growing number of exchanges supporting SUN, including Binance and Bithumb.