Upbit, the largest cryptocurrency exchange in South Korea, has revealed a new listing announcement on its platform. The exchange introduced Ondo Finance (ONDO) trading pairs, which include ONDO/KRW, ONDO/BTC, and ONDO/USDT.
This decision by Upbit comes in response to recent regulatory changes in South Korea, which have prompted exchanges to increase their listing activities to comply with the updated regulations aimed at enhancing transparency and security in cryptocurrency trading.
Ondo Finance is a decentralized finance (DeFi) platform that offers innovative financial products to provide predictable returns and improved capital efficiency for users. The addition of ONDO trading pairs on Upbit is expected to offer greater liquidity and flexibility for investors on the platform.
By listing ONDO, Upbit aims to enhance the token’s visibility and accessibility in the South Korean market. This move provides users with more options for trading Ondo Finance tokens using South Korean Won (KRW), Bitcoin (BTC), and Tether (USDT).
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