NCT price surges 200% on Upbit KRW listing

South Korean cryptocurrency exchange Upbit announced on Aug. 26 that it will add PolySwarm’s NCT token to its Korean won market. Summary Upbit will open NCT/KRW trading at 9:00 p.m. KST on August 26, barring liquidity delays. NCT rose by over 200% over 24 hours before the scheduled Korean won market opened on Upbit. Upbit will waive standard NCT/KRW trading fees for the market’s first 24-hour period after launch. Ethereum is the only network Upbit currently supports for NCT deposits and withdrawals on launch. PolySwarm uses NCT to reward threat intelligence providers and provide access to security data services. NCT/KRW trading is scheduled to begin at 9:00 p.m. Korea Standard Time. The listing gives NCT a direct fiat trading route on South Korea’s largest crypto exchange by reported domestic volume. NCT already trades against Bitcoin on Upbit, with the exchange using that market’s previous closing price to set its initial KRW trading controls. Upbit will open NCT/KRW with temporary restrictions Upbit’s official notice listed NCT’s previous BTC market close at 0.00000006 BTC, equivalent to approximately 6.55 won. This figure serves as a reference for early order restrictions rather...