Upbit has officially listed Monad (MON) with KRW, BTC, and USDT trading pairs, enabling deposits and withdrawals via the Monad network starting November 25. This expansion supports innovative blockchain projects while adhering to strict regulatory guidelines in South Korea.
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Trading begins at 00:00 on November 25, with initial limit orders only for the first two hours to ensure stability.
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Deposits and withdrawals process within three hours of activation, limited to verified personal wallets on the Monad network.
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The listing occurs amid heightened FIU scrutiny on exchanges, with penalties issued for compliance issues, including a 35.2 billion won fine on Dunamu in November 2025.
Discover Upbit’s Monad (MON) listing details: KRW, BTC, USDT pairs launch November 25 amid regulatory focus. Prepare for trading with network-specific guidelines to avoid delays. Stay compliant and trade securely today.
What is the Upbit Monad Listing?
Upbit Monad listing refers to the addition of the Monad (MON) token to South Korea’s leading cryptocurrency exchange, Upbit, which introduces trading pairs in KRW, BTC, and USDT. This move allows users to buy, sell, and hold MON directly on the platform, supporting the growth of the Monad blockchain network. Deposits and withdrawals via the Monad network will commence shortly after the announcement, processed within three hours to facilitate timely user access.
How Does Monad Network Trading Work on Upbit?
The Monad network, known for its high-performance layer-1 blockchain capabilities, integrates seamlessly with Upbit’s infrastructure for MON token handling. Trading support activates at 00:00 on November 25, beginning with a five-minute window where buy orders are restricted to maintain order book integrity. For the initial two hours, only limit orders are permitted, disabling market and other order types to prevent volatility. Upbit emphasizes network specificity, requiring all transactions to use the designated Monad chain; unsupported network deposits may face extended refund periods of weeks or more.
Users must verify wallet ownership for deposits and withdrawals, limited exclusively to personal addresses. Pre-trading deposits trigger travel rule compliance checks, regardless of amount, as mandated by South Korean regulations. Assets from non-eligible exchanges will not credit, potentially requiring extensive documentation under Upbit’s Terms of Use, Article 17, Section 8. Liquidity thresholds could delay trading if unmet post-launch, ensuring a stable market entry. According to exchange guidelines, minimum selling price references will be pre-notified, aiding informed trading decisions.
Frequently Asked Questions
What Trading Pairs Are Available for Monad (MON) on Upbit?
Upbit supports Monad (MON) trading pairs with KRW, BTC, and USDT, catering to both fiat and crypto preferences in South Korea. These pairs enable direct conversions, with initial trading focused on limit orders to manage early volume. Users should monitor announcements for any adjustments based on liquidity.
When Can I Start Depositing and Withdrawing MON on Upbit?
You can begin depositing and withdrawing MON via the Monad network within three hours of Upbit’s official notice, aligning with the November 25 trading launch. Ensure your wallet is verified and uses the correct network to avoid processing delays or compliance verifications, spoken here for clarity in voice searches.
Key Takeaways
- Regulatory Compliance Focus: The listing highlights Upbit’s adherence to FIU standards amid ongoing inspections, reducing risks for users engaging with new tokens like MON.
- Network-Specific Transactions: All MON movements must use the Monad network, with warnings against mismatches that could lead to refund delays of significant duration.
- Phased Trading Rollout: Start with limit orders only, and prepare documentation for large or pre-launch deposits to streamline verifications and avoid penalties.
Conclusion
The Upbit Monad listing marks a significant step in expanding access to advanced blockchain assets like MON, complete with KRW, BTC, and USDT pairs under stringent Monad network protocols. As South Korea’s FIU continues enforcing anti-money laundering measures—evidenced by the 35.2 billion won fine on Dunamu in November 2025—exchanges like Upbit prioritize secure, compliant operations. Investors should review guidelines closely to capitalize on this opportunity, positioning themselves for future innovations in the crypto ecosystem. Stay informed on platform updates to navigate trading effectively.
Upbit’s decision to list Monad (MON) underscores its role in fostering blockchain adoption while navigating regulatory landscapes. The exchange’s detailed instructions for deposits, withdrawals, and trading reflect a commitment to user protection. For instance, the temporary order limitations post-launch aim to stabilize prices, drawing from lessons in previous token introductions.
Regarding compliance, the FIU’s intensified efforts since August 2024 have targeted multiple platforms. Physical inspections revealed gaps in customer identification and transaction monitoring, leading to sanctions. Dunamu’s penalty, handed down in November 2025, addressed verification lapses and travel rule breaches, setting a precedent for peers like Korbit, GOPAX, Bithumb, and Coinone. Industry observers note the FIU’s sequential approach, ensuring systematic accountability across the sector.
This environment influences listings like MON, where Upbit incorporates robust checks. Users transferring from unrecognized exchanges face non-crediting risks, with refunds potentially spanning months. Large unidentified deposits invoke proof-of-origin requirements, aligning with global standards for financial transparency. By limiting services to verified wallets, Upbit mitigates fraud, enhancing trust in the Monad ecosystem.
Overall, the listing not only boosts MON’s visibility but also tests Upbit’s operational resilience under scrutiny. As deposits open, timely network adherence will be crucial for seamless participation.
