Upbit and Bithumb to List WET and ZKP Trading Pairs
Upbit announces ZK trading pairs in KRW, BTC, and USDT alongside prior ZKP listings, reinforcing liquidity expansion in South Korean crypto markets.
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Summary
Upbit confirmed via official statement that it will list ZK trading pairs in KRW, BTC, and USDT. This follows its earlier announcement of ZKP and WET markets set to launch at 6:30 p.m. KST on Dec. 15, including ZKP/KRW, ZKP/BTC, ZKP/USDT, and WET pairs in KRW, BTC, and USDT. Bithumb will simultaneously introduce WET/KRW trading. These listings aim to diversify market offerings, enhance liquidity, and strengthen collaboration among leading South Korean exchanges.
Terms & Concepts
- KRW: The currency code for South Korean won, used in fiat trading pairs on exchanges.
- USDT: Tether, a stablecoin pegged to the U.S. dollar widely used for crypto trading.
- BTC: The currency code for Bitcoin, the first and largest cryptocurrency by market capitalization.