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Upbit's strategy for listing Memecoins is to prioritize those that are already being traded in South Korea.

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吴说
403Words
Oct 23, 2024

According to Wu Shuo, the Crypto 布帳馬車 (포장마차) community has observed that Memecoins listed on Upbit tend to first be available on Bithumb. This suggests that Upbit's strategy is to prioritize Memecoins that are already traded in Korea to reduce their regulatory risks. Moreover, since South Korea's latest "Virtual Asset User Protection Act" came into effect on July 19, the listing dates of these Memecoins on Bithumb were all before July 19, which indicates that in the short term, it is unlikely that other new Memecoins will be listed on Korean exchanges. Currently, Coinone has also listed $BOME, $SUNDOG, and MYRO.

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