South Korean crypto exchanges are actively adding new tokens to their markets while applying strict rules to manage early trading risks.
Upbit has confirmed the listing of SPX6900 (SPX), with trading starting at 14:00 KST on June 16, 2026. The token will be available on KRW, BTC, and USDT markets and runs on the Ethereum network. Users must verify the official contract address before making deposits, as only approved network transfers will be accepted.
To manage early volatility, Upbit is applying standard launch restrictions. These include a short buy order freeze after trading begins, limits on selling below a set price range, and a temporary window where only limit orders are allowed. These measures are commonly used in the Korean market to control sharp price swings in new listings.
신규 디지털 자산 에스피엑스6900(SPX) 거래지원 안내
✅ 지원 마켓: KRW, BTC, USDT 마켓
📅 거래지원 개시 시점 : 2026-06-16 14:00 KST 예정🔗공지 바로가기:https://t.co/NjrjKZYGDt#Upbit #SPX@spx6900 pic.twitter.com/5RfYCB20bF
— Upbit Korea (@Official_Upbit) June 16, 2026
Bithumb lists SPACE token with early trading limits and deposit controls
Bithumb has also announced the listing of Spacecoin (SPACE) on its KRW market, with trading scheduled for the same day at 14:00 KST. The token operates on Ethereum, and deposits must follow strict network verification rules before trading begins.
📢 New Listing
🚀 에스피엑스6900(#SPX) 원화 마켓 추가 안내
🚀 $SPX/KRW will be listed on #Bithumb!🔸 Details : https://t.co/rBSCnCfWme#Bithumb #SPX @spx6900 pic.twitter.com/XwfdNjEhXy
— Bithumb (@BithumbOfficial) June 16, 2026
SPACE is designed as a satellite-based blockchain project focused on decentralized communication and data transfer. It supports staking and payments within its ecosystem. Like Upbit, Bithumb is applying early trading controls such as temporary order restrictions and price limits to reduce volatility during the launch phase.
What this shows about Korea’s crypto market and past exchange listings
These listings show how South Korea’s main exchanges, especially Upbit and Bithumb, continue to dominate early-stage token launches. Both platforms regularly list new Ethereum-based and infrastructure tokens while applying strict controls on deposits, order types, and early trading activity.
Other Korean exchanges, such as Coinone, Korbit, and Gopax, also list new tokens, but Upbit and Bithumb remain the most active in high-volume listings and liquidity-driven launches. This model has been used repeatedly in past listings, where exchanges balance access to new crypto assets with strong safeguards to manage retail trading risk during initial market entry.
In another development, Upbit listed io.net (IO) on its KRW market, with trading starting on May 29 at 18:30. The token, built on the Solana network, required deposits through an approved IO-Solana contract address. At the same time, Bithumb added ZORA (ZORA) and RECALL (RECALL) to its KRW market, expanding its range of tradable digital assets. Both tokens began trading on Tuesday evening, with zero trading fees applied for a limited promotional period.
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