Upbit to List Momentum (MMT) in BTC and USDT Trading Markets
Upbit’s official announcement confirms new MMT trading pairs with BTC and USDT, offering greater market flexibility for cryptocurrency traders.
BTC
USDT
Summary
According to Upbit’s official statement, the South Korean cryptocurrency exchange will introduce Momentum (MMT) trading pairs with Bitcoin (BTC) and Tether (USDT). This expansion gives traders the option to exchange MMT directly against BTC or USDT, aligning with Upbit’s strategy to broaden its asset offerings and enhance market flexibility.
Terms & Concepts
- BTC Market: A trading market where Bitcoin is used as the base currency for transactions against other cryptocurrencies.
- USDT Market: A trading market where Tether, a U.S. dollar–pegged stablecoin, is used as the base currency for transactions.
- Momentum (MMT): A cryptocurrency token that will be tradable on Upbit’s BTC and USDT markets starting November 4.