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ETHFI Jumps 20% After Upbit Adds South Korean Won Trading Pair

The move came after Upbit, a South Korean crypto exchange, listed an ETHFI-KRW pair, while HTX market data showed ETHFI at $0.594 on March 19.

ETHFI

Summary

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Terms & Concepts
  • Trading pair: A market that lets traders exchange one asset for another, such as ETHFI against the South Korean won.
  • KRW: The South Korean won, the national currency of South Korea used in fiat-to-crypto trading markets.
  • Exchange listing: The addition of a token to a trading platform, which can improve market access and liquidity.