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Upbit Announces Three HYPE Trading Pairs Against Won and Crypto

Trading was scheduled for 1 a.m. ET (06:00 UTC) on Nov. 10, subject to a possible delay if liquidity was insufficient.

Updated 1 min read
A person checks a phone outside an office building in Seoul, South Korea. / TokenPost.ai (macro)
A person checks a phone outside an office building in Seoul, South Korea. / TokenPost.ai (macro)

Upbit announced plans to list three trading pairs for Hyperliquid (HYPE), giving customers of the South Korean cryptocurrency exchange more ways to price and trade the token.

The proposed markets would quote HYPE in Korean won, Bitcoin (BTC) and Tether (USDT). Upbit scheduled trading for 1 a.m. ET (06:00 UTC) on Nov. 10 and said insufficient liquidity could delay the start.

The won pair gives customers a way to price HYPE directly in South Korea’s currency. The other planned pairs use BTC or USDT to quote the token. Upbit’s market data page now displays a won price for HYPE.

Upbit said it supports HYPE deposits and withdrawals only through HyperEVM. Transfers on other networks are unsupported. HYPE is used for staking and network fees on Hyperliquid, an on-chain trading platform.

Bithumb, another South Korean cryptocurrency exchange, also announced a won market for HYPE on Nov. 10.

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