Upbit lists CAP in KRW, BTC and USDT markets

South Korean crypto exchange Upbit opened trading for Cap’s CAP token on Aug. 6 across its Korean won, Bitcoin and Tether markets. Summary Upbit opened CAP trading against Korean won, Bitcoin and Tether at 14:00 KST on Thursday. CAP deposits and withdrawals use Ethereum, with Upbit warning users to verify the contract address. Upbit restricted purchases and low priced sell orders, while limiting order types for two hours. Bithumb previously listed CAP in June, making Upbit its second major South Korean won market. CAP traded near $0.02735, gaining 15.3% daily, although listing effects could not be isolated independently. According to the exchange’s official CAP listing notice, trading was scheduled to begin at 14:00 Korea Standard Time. Deposits and withdrawals were expected to open within two hours of the announcement. The listing gives CAP direct access to Upbit’s won market about five weeks after Bithumb introduced its own CAP/KRW pair. At the time of research, CoinGecko data showed CAP near $0.02735, up about 15.3% over 24 hours, with a market value around $42.5 million. The data showed stronger activity around the announcement but did not establish how much of the move came from Upbit’s decision. 신규 디지털 자산 캡(CAP) 거래지원 안내 ✅ 지원 마켓: KRW, BTC, USDT 마켓 📅 거래지원 개시 시점 : 2026-08-06 14:00 KST 예정 🔗공지 바로가기:https://t.co/KHGJLAZrya#Upbit#CAP@CapApppic.twitter.com/DEuNUiGbRl — Upbit Korea (@Official_Upbit) August 6, 2026 You might also like: Upbit adds GRVT trading pairs across three major markets Upbit opens three CAP markets with early restrictions Upbit said it would support CAP deposits and withdrawals only through Ethereum. The exchange identified the supported contract as 0x99991c6aabba5a096f24f250b73580f5179b9999 and warned that transfers through other networks would not be credited normally. CoinGecko and several exchange records display the same Ethereum contract for the official Cap token. The exchange also applied controls commonly used during new listings. Buy orders were blocked for about five minutes after trading began. Sell orders priced more than 10% below the previous day’s closing price were also restricted for about five minutes. For the first two hours, traders could place only limit orders. Upbit applied similar opening controls when listing Derive in its KRW, BTC and USDT markets in July. Upbit noted that the launch could be delayed if deposits failed to provide enough liquidity. Its reference table placed CAP at 40.69 won at the previous close and 39.85 won at 10:50 KST. It also listed reference prices of 0.00000043 BTC and 0.02833 USDT shortly before publication. CAP listing expands its South Korean access The Upbit addition does not mark CAP’s first South Korean won market. Bithumb listed the token on June 30, supporting Ethereum deposits and opening CAP/KRW trading at 14:00 KST. Its reference price was 36.54 won.