Upbit, South Korea’s largest crypto exchange, has opened BFC trading against two currencies: the South Korean won (KRW) and the stablecoin USDT. The move gives traders two new ways to buy and sell Bifrost’s BFC token on the platform.
Key takeaways
- Upbit opens BFC trading on its platform.
- The South Korean won (KRW) is one quote currency.
- The stablecoin USDT is the other quote currency.
Upbit opens BFC trading in KRW and USDT markets
Upbit is a major cryptocurrency exchange based in South Korea. The exchange announced on its official X account that it is adding support for the Bifrost token, which trades under the ticker BFC. For related coverage, see Upbit to List NCT With KRW Trading on August 26.
Traders now get two new pairs: BFC/KRW and BFC/USDT. A “pair” simply means the currency you use to price and pay for BFC. Upbit set the trading-support start for 2026-09-10 at 13:45 KST (04:45 UTC). For related coverage, see Bitcoin and Gold ETFs Drew $7 Billion in 5 U.S. Trading Sessions.
According to reporting from crypto.news, the additions expand BFC beyond an existing Upbit BTC market. That means BFC could already be traded against Bitcoin on Upbit before this change. For related coverage, see Charles Schwab to Add Solana, Avalanche, Chainlink Trading.
Upbit has been steadily broadening its token menu. It recently moved to list Conflux (CFX) across its KRW, BTC and USDT markets, and to add RLUSD in the KRW, BTC and USDT markets.
What the BFC/KRW and BFC/USDT pairs mean
A trading pair tells you the currency used to price a token. In BFC/KRW, “KRW” is the South Korean won, the national currency of South Korea. So BFC/KRW quotes the price of BFC in won.
The second pair, BFC/USDT, quotes BFC in USDT. USDT is a stablecoin designed to hold a value close to one US dollar. In short, one pair prices BFC in Korean won, the other in a dollar-linked stablecoin.
These are the only two BFC markets in this announcement. The change is about how you can price and trade BFC, not about any other exchange service. Bifrost’s own website describes the project as infrastructure that enables multichain capabilities for builders.
Across the wider market, Bifrost (BFC) recently showed a USD price of $0.03685517 in an aggregate CoinGecko snapshot. This figure is not an Upbit pair quote and was not measured at the scheduled trading start.
BFC price · USD
That same snapshot recorded a rolling 24-hour price change of +242.12%, alongside a market capitalization near $51.3 million and 24-hour volume around $60.4 million. This move is a broad market reading and does not prove an Upbit-caused or sustained rally.
BFC aggregate 24-hour price change
+242.12%
For context, broad crypto sentiment sat in “Greed” territory, with the Fear & Greed Index at 69 on September 10, 2026. That reading measures the whole market’s mood, not BFC-specific sentiment. According to unconfirmed reports, some observers tie the 24-hour BFC jump to the Upbit news, but no fetched source establishes that link.
BFC trading schedule and conditions
The official post confirms a planned start time. It does not, on its own, confirm that trades began executing at exactly 13:45 KST. Treat the schedule as announced, not verified in action.
Crypto.news reported that only the Bifrost Network was supported for BFC deposits and withdrawals tied to this launch. It also reported temporary opening controls: orders priced more than 10% below the previous close were restricted for roughly the first five minutes, and only limit orders were accepted during the first two hours.
Crypto.news further reported that Upbit applies South Korea’s Travel Rule checks to deposit sources and ownership checks for personal wallets. The full official Upbit notice was not directly readable, so those operational details are attributed to that report, not confirmed word-for-word.
If you hold or plan to trade BFC, the practical takeaway is simple. Confirm the exact opening time, your account eligibility, and any deposit or order limits directly on Upbit before you act, since some conditions here come from secondary reporting rather than the full notice.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
