- Upbit lists Lighter (LIT) on its KRW market, with trading commencing at 13:00 KST on August 24, 2026
- Only the Ethereum network is supported for LIT deposits and withdrawals on Upbit
- Buy orders were restricted for ~5 minutes at open; only limit orders permitted during the first 2 hours of trading
Upbit Adds LIT to Korean Won Market
South Korean cryptocurrency exchange Upbit announced on August 24, 2026 the listing of Lighter (LIT) on its Korean Won (KRW) market. The announcement was made via Upbit’s official Twitter account @Official_Upbit, confirming that spot trading support for LIT is now live as of 13:00 KST on August 24, 2026.
Listing Details
The LIT token has been introduced exclusively on the KRW market, meaning it is paired directly against the South Korean Won. For deposits and withdrawals, only the Ethereum network is supported — users attempting to transfer LIT via any other blockchain network should take note of this restriction to avoid potential loss of funds.
Trading Restrictions at Launch
Upbit applied temporary safeguards at the time of the market open. Buy orders were restricted for approximately 5 minutes following the 13:00 KST start time. Additionally, only limit orders were permitted during the first two hours of trading — market orders were not available in that initial window. These are standard Upbit procedures designed to reduce volatility and price manipulation at listing open.
What This Means for Traders
The KRW listing gives South Korean retail traders direct access to LIT exposure without needing to convert through a stablecoin or Bitcoin pair. The Ethereum-only deposit and withdrawal requirement means traders must ensure their LIT holdings are on the Ethereum network before initiating any on-chain transfers to or from Upbit.
Platform Context
Upbit is one of South Korea’s largest cryptocurrency exchanges by trading volume and regularly adds new assets to its KRW market. A KRW listing on Upbit typically signals significant accessibility for Korean retail participants, as it removes the need for intermediate currency conversions. The listing of LIT follows Upbit’s standard new-market listing format, which includes phased order-type restrictions at launch.
Additional Notes
Lighter’s official account is @Lighter_xyz. Full listing details and any updated terms are available in Upbit’s official notice linked from the announcement. At the time of writing, Ethereum — the network required for LIT deposits and withdrawals — is trading at $2,508.95, up 1.77% over the past 24 hours, with a 24-hour trading volume of approximately $19.09 billion.
Frequently Asked Questions
When did LIT trading begin on Upbit?
LIT trading on Upbit’s KRW market officially began at 13:00 KST on August 24, 2026.
Which network is supported for LIT deposits and withdrawals on Upbit?
Only the Ethereum network is supported for LIT deposits and withdrawals on Upbit. Transfers via other networks are not supported.
Were there any trading restrictions when LIT first listed on Upbit?
Yes. Buy orders were restricted for approximately 5 minutes at the market open, and only limit orders were permitted during the first 2 hours of trading.
Source: Twitter Official Upbit · Published by CoinsProbe Markets Desk
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