Upbit Lists zkPass (ZKP) Trading Pairs Against KRW, BTC and USDT
Upbit has announced it will list zkPass (ticker: ZKP) and open trading pairs against the South Korean won (KRW), Bitcoin (BTC) and Tether (USDT). The listing expands ZKP’s liquidity and accessibility by providing fiat and major crypto pairings on one of South Korea’s largest exchanges. Upbit’s notice is positioned as market information and not investment advice. Key details: token ticker ZKP; pairs: ZKP/KRW, ZKP/BTC, ZKP/USDT; exchange: Upbit. Traders can expect increased on‑exchange availability and potentially higher volume and price discovery once trading begins.
Bullish
An exchange listing on a major platform like Upbit is generally bullish for a token because it increases liquidity, broadens access (including fiat on‑ramp via KRW), and often attracts new buyers. The addition of pairs with BTC and USDT enables arbitrage and wider market participation, which can raise short‑term volume and positive price momentum. Historically, new listings on large regional exchanges frequently produce initial price spikes and elevated trading activity for small‑cap tokens. In the longer term, sustained bullish impact depends on project fundamentals, continued demand, and broader market conditions. If ZKP fails to attract sustained volume or broader ecosystem support, initial gains could fade. For traders: watch for initial volatility at listing, order book depth on KRW and stablecoin pairs, and directional moves on BTC pair that may correlate with broader crypto market swings.