Upbit Plans HYPE Trading Across Won, Bitcoin and USDT Markets

Upbit plans to add trading for HYPE against the Korean won, Bitcoin (BTC) and Tether (USDT), giving the token three markets on a major South Korean exchange.

The markets are HYPE/KRW, HYPE/BTC and HYPE/USDT. Each pairs HYPE with a different asset used to price a trade: the won in the first market, BTC in the second and USDT in the third. Traders on Upbit would have a choice of local-currency and crypto-asset markets for HYPE once the planned additions take effect.

The mix puts a local currency alongside two digital assets in the listing plan. The KRW pair would let traders price HYPE against South Korea’s currency, while the BTC and USDT pairs use those crypto assets as the other side of each market. The plan expands HYPE trading access on a major South Korean venue through three separate pairings. Upbit’s plan concerns future trading availability across those three markets.