- Upbit’s launch of KAITO trading pairs in KRW, BTC, and USDT creates a stable market framework, ensuring orderly trading with defined restrictions.
- KAITO serves as the native token for an AI-powered InfoFi network, enabling decentralized governance, staking, and seamless transactions while fostering community participation.
- Global expansion now sees KAITO listed on 35 exchanges across 37 markets, with trading boosting demand and visibility among diverse investor communities.
South Korea’s largest crypto exchange Upbit has launched KAITO trading pairs in KRW, BTC, and USDT. This listing expands the token’s market exposure and supports the AI-driven virtual asset data platform and decentralized InfoFi network.
Upbit Listing and Trading Details
A tweet from Wu Blockchain states: “Upbit launched KAITO’s KRW, BTC, and USDT trading pairs.” The tweet adds that KAITO is an AI-based virtual asset data platform. It includes a link to Upbit’s official notice.
Trading support starts at 3 PM on March 5th. Deposits open two hours after the announcement. Buy orders are limited for five minutes after trading begins. Sell orders priced 10% below the previous close-face restrictions for five minutes. Only limit orders are accepted during the first hour of trading.
KAITO Token Function and Ecosystem
KAITO is the native token of an AI-powered InfoFi network. It serves as the main medium for transactions in the ecosystem. Token holders influence network governance through decentralized voting. The token supports staking and user rewards for participants.
The network enables holders to propose and vote on protocol changes. The token aligns incentives among users and supports secure interactions. The system fosters a decentralized structure with transparent operations. The network rewards long-term holders with enhanced stake benefits. Community updates and airdrop events have spurred investor interest.
Market Performance and Global Reach
According to Upbit, Kaito was trading at 2,163.08 KRW last. It was 0.00001702 BTC and 1.48 USDT then. The token was 1.74 at the time of writing. This was a 17.06% 24-hour gain. It declined 12.80% in the last seven days. The token has indicated strong investor sentiment via the charts.
Kaito has 35 exchanges where it is currently listed and 37 where it can be accessed. It has a presence further on the exchanges of the Bitkub and the Binance. The global expansion indicates growing demand and market participation. The trading volumes reflect KAITO’s exposure to investors. The token has captured the attention of retail investors and institutional investors. The market analysts are observing the trading volumes and the price movement. The trading volumes are further shaping strong market participation.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.