Upbit, South Korea’s largest cryptocurrency exchange, has officially listed WAL trading pairs against the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT).
WAL Launch on Upbit Platform
WAL, a blockchain-based storage protocol, has seen a significant milestone with its listing on Upbit. This development offers traders more flexibility in accessing and investing in the WAL project amidst South Korea's thriving crypto market.
About WAL and Its Development Team
Walrus (WAL) is a blockchain storage protocol offering secure and scalable storage solutions. The development team behind WAL is the same as that of Sui, a well-regarded Layer 1 blockchain. Earlier this year, WAL announced a $140 million funding round, reflecting institutional confidence in WAL's innovative approach to decentralized storage.
Impact on Traders
With the new KRW, BTC, and USDT trading pairs, users can now seamlessly trade WAL on Upbit. The KRW pair, in particular, provides South Korean traders with a direct and convenient option for investing in WAL without currency conversion. As WAL continues to evolve and expand its ecosystem, the new listings may serve as a gateway for increased liquidity and broader market adoption.
The integration of WAL on the Upbit exchange with new trading pairs enhances project accessibility and could lead to increased popularity among traders.
