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Upbit Lists Valve (VANA) Token, Issues Network Warning

South Korea’s leading cryptocurrency exchange, Upbit, has announced the listing of Valve (VANA) on its platform. Trading will be available in Korean Won (KRW), Bitcoin (BTC), and Tether (USDT) pairs, providing increased liquidity for the token.

This listing follows VANA’s recent launch on Binance’s Launchpool, further solidifying its presence in the cryptocurrency market.

However, Upbit has issued a crucial warning to users: VANA deposits and withdrawals will only be supported via the Valve Network (VANA-Vana). Users are strongly advised to double-check network details before initiating any transactions, as transactions conducted through unsupported networks will not be processed.

This measure aims to prevent potential losses for users and ensure the smooth functioning of the trading process.

The Upbit listing is expected to significantly enhance VANA’s liquidity and accessibility for South Korean investors, potentially driving further growth for the project.

December 2024, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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