Upbit lists CAP in KRW, BTC and USDT markets

South Korean crypto exchange Upbit opened trading for Cap’s CAP token on Aug. 6 across its Korean won, Bitcoin and Tether markets. Summary Upbit opened CAP trading against Korean won, Bitcoin and Tether at 14:00 KST on Thursday. CAP deposits and withdrawals use Ethereum, with Upbit warning users to verify the contract address. Upbit restricted purchases and low priced sell orders, while limiting order types for two hours. Bithumb previously listed CAP in June, making Upbit its second major South Korean won market. CAP traded near $0.02735, gaining 15.3% daily, although listing effects could not be isolated independently. According to the exchange’s official CAP listing notice, trading was scheduled to begin at 14:00 Korea Standard Time. Deposits and withdrawals were expected to open within two hours of the announcement. The listing gives CAP direct access to Upbit’s won market about five weeks after Bithumb introduced its own CAP/KRW pair. At the time of research, CoinGecko data showed CAP near $0.02735, up about 15.3% over 24 hours, with a market value around $42.5 million. The data showed stronger activity around the announcement but did not establish how much of the move came fr...