Upbit to List Plasma (XPL) Across KRW, BTC, and USDT Markets
The exchange will enable XPL deposits and withdrawals via the Plasma network, enforcing protocol compliance and travel rule verification before price publication.
BTC
USDT
Fact Check
The statement is definitively confirmed by multiple primary and secondary sources. A post from Upbit's official X account (Source 10) explicitly states that Plasma (XPL) will be supported on the KRW, BTC, and USDT markets. This is directly corroborated by a notice on Upbit's official website (Source 7), multiple news aggregators (Sources 6, 8, 11), and live trading data from aggregators like CoinGecko and Coinranking (Sources 2, 9, 12) which show XPL trading on the KRW market.
Summary
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Terms & Concepts
- Plasma Network: A blockchain scaling solution designed to increase transaction throughput by creating child chains that run alongside the main blockchain.
- Travel Rule Verification: A regulatory compliance requirement mandating exchanges to share sender and receiver information for cryptocurrency transactions above a certain threshold.
- Exchange Listing: The process by which a cryptocurrency becomes available for trading on a specific exchange platform.