Upbit Launches Tether (USDT) Deposit Service

IconCryptoNewsTerminal Staff07 Jun, 2024

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Upbit Launches Tether (USDT) Deposit Service

Upbit, one of the leading cryptocurrency exchanges in South Korea, has announced the launch of a deposit service for Tether (USDT). This new service will allow Upbit users to deposit USDT into their accounts using either the Tron (TRC-20) or Ethereum (ERC-20) networks. Upbit will also be listing USDT on its BTC and KRW markets on March 7th at 14:00 and 15:00 KST. This will allow Upbit users to trade USDT against Bitcoin (BTC) and the South Korean won (KRW). The addition of USDT to Upbit is a significant development for the exchange. USDT is one of the most popular stablecoins, and its addition to Upbit will make it easier for users to trade cryptocurrencies on the exchange. ---