Upbit Lists Bifrost (BFC) in KRW and USDT Markets to Boost Liquidity

Key Facts

In a move reflecting the ongoing efforts to enhance digital asset accessibility in Asian markets, Upbit, South Korea's largest cryptocurrency exchange, has officially listed the Bifrost (BFC) token. Trading for BFC against the South Korean won (KRW) and the stablecoin USDT commenced on September 10, 2026. This expansion aims to provide additional liquidity and streamline market access for South Korean retail traders through new trading pairs.

According to market data and analyst reports, this listing expands BFC's presence beyond Upbit's existing Bitcoin-denominated market. The exchange implemented temporary order restrictions during the initial launch phase, including limiting transactions to limit orders for the first two hours, a standard procedure for new listings to ensure market stability. Upbit also specified that deposits and withdrawals are strictly supported via the Bifrost Network only.

Given that specific price data for BFC is currently unavailable, traders are monitoring liquidity stabilization following the expiration of initial trading restrictions. With no major crypto-specific catalysts identified in the upcoming economic calendar for the next few days, market participants will focus on trading volume within the new KRW and USDT pairs as the primary indicator of the listing's impact.