Vechain Listed on Korean Crypto Exchange Upbit Against Fiat Trading Pair

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.

 

  • The South Korea-based globally admired cryptocurrency exchange Upbit has recently announced that it has added VeChain against Fiat pair South Korean Won (VET/KRW) to its significant platform.
  • VeChain, a supply chain oriented blockchain technology has got the adoption for its native token VET has recently got live on the Upbit crypto exchange platform.
  • To provide the users with a safe trading environment and precise market information a trading competition is been organized with lavishing VET rewards.

The South Korea-based globally admired cryptocurrency exchange Upbit has recently announced that it has added a fiat trading pair against VeChain, South Korean Won (VET/KRW) to its significant platform.

The announcement was published in a social media platform

This news was officially declared by the VeChain Foundation in the crypto community through a tweet on the social media platform.

VeChain, a supply chain oriented blockchain technology has got the adoption for its native token VET has recently got live on the Upbit crypto exchange platform.

To provide the users with a safe trading environment and precise market information a trading competition is been organized with lavishing VET rewards.

Amongst the users who traded VET in the Upbit Korean won market during the competition period, the top 10 selected members with the most VET transaction volume will be rewarded with a total of 26,000,000VET. The VET transaction volume will consist of buy and total sales of VET.

VeChain’s Token VTHO will be Distributed weekly on Upbit

A few days before, VeChain has highlighted this coming announcement through Twitter where the entity mentioned that VeChain’s Token VTHO will be also available and distributed weekly on Upbit to VET holders.

Upbit is a prominent globally accepted cryptocurrency exchange that offers the top trading and exchange services to its users. The team aims to bring excellent opportunities to its customer base through strategic collaborations and partnerships.

The Singapore-based Vechain is a non-profit organization was launched in August 2017 when the crypto market was on its peak stage. VET is the in-build coin of the well-known enterprise-based DApp and ICO platform, VeChain.

Recently, the VeChain Foundation has shown a great effort towards the current global crisis of COVID-19 by actively supporting the relief operations carried upon the world by the organizations to fight against the pandemic.

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