Algorithmic Ratings & Investment Analysis
©ARIA 2025
by aria-ratings.com
June 16, 2025 at 09:33
South Korea Gears Up for Bitcoin Trading as Upbit Lists New Altcoins
South Korea's prominent cryptocurrency exchange, Upbit, is set to debut two new altcoin trading pairs: Altlayer (ALT) and Haedal Protocol (HAEDAL).
The trading for Altlayer will commence on June 16, 2025, in KRW and USDT markets.
Simultaneously, trading for Haedal Protocol will begin later that same day, with BTC and USDT pairs available.
Altlayer operates on the Ethereum network and aims to simplify the rollup creation process for users without a technical background.
The ALT token is designed for staking and governance within its ecosystem.
Conversely, Haedal Protocol functions on the Sui network, enabling users to stake SUI tokens for liquidity and DeFi opportunities.
Users will receive haSUI in return, retaining liquidity while contributing to the network.
Both cryptocurrencies implement specific trading rules, such as limits on buy orders during initial trading windows.
Upbit has advised users to engage only from verified wallets and through supported networks to safeguard against potential losses.
As South Korea continues its embrace of cryptocurrency, these new offerings could further energize the market and attract fresh investments.
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