Upbit plans to open three markets for SANC on its South Korean exchange, pairing the token with the won, Bitcoin and USDT to expand its available trading routes.
The pairs are SANC/KRW, SANC/BTC and SANC/USDT. KRW is the South Korean won's currency code, and BTC is Bitcoin's ticker. USDT is the third quote asset named for the listing. In a trading pair, the second asset is used to price the first, so SANC will be priced in won, BTC or USDT across the three markets.
Upbit is a South Korean crypto exchange, and the won pair places SANC against the country's national currency. The two other pairs will quote it against digital assets: Bitcoin and USDT. Each pair is a separate market for the same SANC token.
This gives traders three ways to quote SANC on Upbit, spanning one fiat currency and two crypto assets. The listing expands trading access for SANC on a major South Korean venue.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to [email protected].



