Upbit adds PolySwarm’s NCT to KRW market — token rockets ~200% South Korea’s largest crypto exchange by domestic volume, Upbit, announced on Aug. 26 that it will list PolySwarm’s NCT token in a Korean won trading pair. NCT/KRW trading is scheduled to begin at 21:00 KST on Aug. 26, giving the token a direct fiat route on one of the country’s most liquid venues. Upbit said it will use the previous closing price from NCT’s BTC market on the exchange (0.00000006 BTC, roughly 6.55 won) as a reference for early trading controls. Those controls include blocking buy orders for about five minutes after trading begins, restricting sell orders priced 10% or more below the reference price, and allowing only limit orders for the first two hours. Upbit warned the opening “may be postponed” if deposits and withdrawals do not produce sufficient liquidity; if that happens the exchange said the zero-fee promotion (below) would start when trading actually opens. Price reaction before KRW pair launch NCT saw a dramatic move ahead of the KRW listing announcement. As of 19:43 KST on Aug. 26 the token was trading near $0.0146, a roughly 200% gain over the prior 24 hours per CoinGecko. Twenty-four hour volume was about $15.36 million and market capitalization near $24.28 million; the 24-hour range was roughly $0.004626 to $0.01384. The surge began after Upbit’s listing notice, though market data alone can’t definitively prove the listing was the sole driver — NCT also trades on exchanges including Bithumb, Coinbase and Gate. Fee promotion and network details To support the new market, Upbit will waive its standard NCT/KRW trading fee (normally 0.05%) for the first 24 hours, from 21:00 KST on Aug. 26 until 20:59:59 KST on Aug. 27. If the listing is postponed, the zero-fee window will begin when trading actually starts. Upbit emphasized the fee waiver applies only to standard order fees and does not mitigate risks from rapid price swings or thin liquidity. Deposits and withdrawals for NCT on Upbit will be supported only via the Ethereum network. The exchange specified the contract address as 0x9e46a38f5daabe8683e10793b06749eef7d733d1, which matches the address shown on Etherscan and major market-data sources. Upbit warned that transfers via unsupported networks may not be credited automatically and reminded users they must comply with the Travel Rule and personal-wallet ownership verification requirements. What is PolySwarm’s NCT? PolySwarm markets itself as a decentralized threat-intelligence marketplace where competing security engines identify malicious files and earn NCT based on performance. According to project documentation, NCT also grants access to threat intelligence produced on the platform. The token is an ERC-20 with a fixed maximum supply of about 1.886 billion NCT, with the vast majority reported as circulating. Why this matters KRW listings on major Korean exchanges often trigger sharp, short-term price moves as new retail flows hit the market; Upbit’s recent additions have produced similar spikes (for example, GRVT rose about 23% ahead of its Upbit pairs opening). All eyes will now be on NCT/KRW’s official opening price, early trading volume, and whether Upbit applies or extends any restrictions after the initial period. Disclosure: This article is for informational purposes only and does not constitute investment advice. Markets can be volatile and trading carries risk. Read more AI-generated news on: undefined/news