Upbit adds CFX as Conflux gains Korean market access

South Korean crypto exchange Upbit announced on July 31 that it would list Conflux’s CFX token against the Korean won, Bitcoin and Tether. Trading is scheduled to begin at 16:00 Korea Standard Time. Summary Three CFX pairs will open on Upbit against KRW, Bitcoin and Tether at 16:00 KST. 8.5% CFX gain preceded trading, while 24-hour volume nearly doubled to $13 million before launch. Only Conflux eSpace deposits qualify, with unsupported networks potentially causing lengthy asset-return procedures for users. The official Upbit notice was published at 14:00 KST. Deposits and withdrawals were expected to open within 90 minutes through Conflux eSpace. However, Upbit said the trading launch “may be delayed” if the exchange cannot secure enough liquidity. 신규 디지털 자산 콘플럭스(CFX) 거래지원 안내 ✅ 지원 마켓: KRW, BTC, USDT 마켓 📅 거래지원 개시 시점 : 2026-07-31 16:00 KST 예정 🔗공지 바로가기:https://t.co/X3WgW8Vfbw#Upbit#CFX@Conflux_Networkpic.twitter.com/gMerm10THN — Upbit Korea (@Official_Upbit) July 31, 2026 You might also like: Crypto contraction erased $43.4B from DeFi in H1 Upbit CFX listing opens three spot markets The addition gives CFX direct access to Upbit’s KRW market alongside its BTC and USDT markets. The Korean won pair is particularly relevant because it lets local users trade CFX without first converting their funds into another crypto asset. Upbit displayed CFX at 58.25 won, 0.00000062 BTC and 0.04044 USDT at 13:30 KST, shortly before publishing the notice. The exchange used CoinMarketCap data to establish the reference prices and its opening-order restrictions. Upbit will block buy orders for about five minutes after trading begins. During the same period, sell orders priced more than 10% below the previous closing price will also be restricted. Only limit orders will be available for the first two hours. CFX rose before scheduled Upbit trading CFX traded near $0.0452 before the scheduled Upbit opening, representing an increase of about 8.5% over 24 hours. Its daily trading volume reached approximately $13 million, up about 93%, while its market capitalization stood near $236 million. The token moved between approximately $0.0403 and $0.0455 during the period. However, trading had not yet started on Upbit when those figures were recorded. The price increase therefore cannot be attributed entirely to completed orders on the Korean exchange. Past Upbit listings have produced mixed market reactions. As crypto.news reported, the exchange added Derive across the same three markets in July. In related coverage, nine other tokens received new BTC and USDT pairs in June. Some listings raised early volume, but initial price gains did not always continue. Conflux eSpace is the only supported network Upbit will support CFX deposits and withdrawals only through Conflux eSpace. Users who send tokens through Core Space or another unsupported network may need to complete a lengthy recovery process. Conflux operates two execution environments.