Upbit, the largest cryptocurrency exchange in Korea, has just announced its decision to list Ondo Finance (ONDO).
Specifically, according to the announcement , the listing time for ONDO/KRW, ONDO/ BTC and ONDO/ USDT pairs will be 5:00 p.m., 4:00 p.m., 3:00 p.m. on June 14 (Korean time). Deposits and withdrawals of ONDO Token on the exchange will be opened this afternoon.
This information boosted ONDO's price by 17% briefly before correcting to $1.31 at present.
Upbit is one of the largest cryptocurrency exchanges in South Korea, with a 24-hour volume reaching $1.1 billion.
Recently, the prices of Token listed on Upbit have had positive moves afterward, such as AXL, ID, GLMR, STG, BCH, BLUR, MINA...
Ondo Finance is a DeFi protocol that allows crypto investors to securely exchange profits and risks in a liquidation pool through Vaults. Thereby, Ondo expands its products to support investors in establishing a fixed yield position while still ensuring reduced risk levels.
More specifically, investment profits are always a fluctuating number because they are influenced by many variables. Ondo Finance helps investors by providing and supporting the use of financial means for effective management. efficiency of Capital use. In particular, products based on investment taste will be Chia into 2 groups:
- Fixed Yield positions for those who like stable profits.
- Variable Yield positions for those who like risk and high returns.
