New Token Listings Alert: Upbit Embraces SUN While Bithumb Supports 0G Token
Today, Upbit and Bithumb, the two biggest cryptocurrency exchanges in South Korea, announced new listings, increasing investor access to digital assets. The Sun Token (SUN) has been listed on Upbit. Bithumb has also declared that it will support the 0G token, a recent addition to the market.
Upbit Lists SUN Token: TRON-Based DeFi Governance Token Now Tradable!
For SUN.io, SUN is the governance token. It is a decentralized finance (DeFi) platform built on TRON that provides self-governance, yield farming, and stablecoin swaps. Upbit launched SUN trading on September 22 at 12:00 Korean Standard Time (KST), according to the official release. The token can be exchanged for Tether (USDT) and the Korean won (KRW).
The exchange also mentioned that the TRON network allows deposits and withdrawals. Upbit also warned that transfers conducted through other networks will not be processed and released the verified contract address, TSSMHYeV2uE9qYH95DqyoCuNCzEL1NvU3S.
In accordance with the Travel Rule, deposits made from exchanges not included in the list of Virtual Asset Service Providers (VASPs) eligible for deposits/withdrawals cannot be processed. Returning such deposits may take a long time,
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Bithumb Expands Market Support with 0G Token Listing
As for the 0G token, a cryptocurrency exclusive to the AI infrastructure project 0G, Bithumb has announced that it will expand market support for it. Trading will begin at 7:00 PM KST, the exchange noted. Additionally, it will be possible to trade the altcoin against KRW.
The token has already garnered significant institutional attention despite its recent inception. Market players will be closely monitoring the 0G token‘s launch to determine if institutional support and prominent exchange listings result in long-term acceptance. But there’s also a chance that volatility will take center stage during the early trading hours.
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