Upbit lists OriginTrail with 3 trading pairs for KRW, BTC, and USDT

South Korea’s largest cryptocurrency exchange, Upbit, listed the OriginTrail (TRAC) token on May 18, adding three new trading pairs against the Korean won (KRW), Bitcoin (BTC), and Tether (USDT).

"Upbit has listed OriginTrail (TRAC) with KRW, BTC and USDT trading pairs," the exchange confirmed in an official announcement, expanding market access for the token.

The addition of a TRAC/KRW pair provides South Korean investors with direct access to the token in their local currency, while the BTC and USDT pairs offer flexibility for international traders and potential arbitrage opportunities. Trading commenced at 7:00 a.m. UTC on the listing date.

The listing on a major exchange like Upbit could significantly increase TRAC's trading volume and liquidity, an effect often called the "Upbit pump." Access to South Korea's highly active retail investor base represents a notable development for the token's market presence in Asia.

What is OriginTrail?

OriginTrail is a blockchain-based protocol focused on supply chain data management and verification. It enables companies to share and verify product data securely, aiming to improve transparency and trust in global supply chains. The TRAC token is the utility token of the ecosystem, used for staking, data exchange, and governance. The project has existing partnerships in logistics, food safety, and pharmaceuticals.

This article is for informational purposes only and does not constitute investment advice.