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 on KRW, BTC, and USDT pairs, supporting only the Base network
South Korea’s largest cryptocurrency exchange, Upbit, announces the listing of the HeyElsa (ELSA) token on three trading markets including KRW, BTC, and USDT. According to the announcement, Upbit only supports depositing and withdrawing ELSA through the Base network. Investors should be careful to avoid sending to the wrong network, which could lead to asset loss.
ELSA is the native token of the DeFAI HeyElsa platform, a project combining decentralized finance and artificial intelligence. This token is primarily used for staking to earn rewards and also helps users reduce transaction fees when using services within the ecosystem.
The listing of ELSA on all three major trading pairs by Upbit is expected to significantly improve the project’s liquidity and accessibility in the Korean market, which has one of the largest cryptocurrency trading volumes in Asia.