South Korea’s largest crypto exchange will enable trading of the Ethereum-based LIT token against the Korean won next week.
Upbit will list the LIT/KRW trading pair at 13:00 local time on August 24. The exchange, South Korea’s largest by volume, announced the addition of the Ethereum-based utility token for the Lighter protocol.
LIT serves as the native token for the Lighter decentralized exchange, facilitating transactions and governance within the ecosystem. The listing follows growing interest in Ethereum-based tokens among Korean retail and institutional investors.
No immediate market reaction was disclosed in the announcement.