Upbit to list CFX trading pairs with KRW, BTC, and USDT

Upbit will list Conflux (CFX) pairs with KRW, BTC, and USDT on July 31, 16:00 local time, boosting CFX's liquidity for Korean users. Only Conflux eSpace deposits are accepted.

South Korean crypto exchange Upbit will list Conflux (CFX) trading pairs against the Korean won (KRW), Bitcoin (BTC), and Tether (USDT), with trading starting at 16:00 local time on July 31. This simultaneous launch of three pairs is unusual, as most exchanges typically introduce a single base pair at first. The new listings are expected to improve CFX's accessibility and liquidity, especially for Korean users who can now trade directly with KRW. Only Conflux eSpace deposits are supported; using unsupported networks may lead to lengthy asset-return processes. Ahead of the announcement, CFX experienced an 8.5% price increase and a near doubling of its 24-hour trading volume to $13 million. Upbit will initially restrict buy orders for five minutes after trading begins and limit sell orders priced more than 10% below the previous closing price. This move is anticipated to boost market participation and visibility for CFX, potentially benefiting its price dynamics.