PAL Network Officially Listed on UPbit

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PAL Network

2 min readOct 30, 2018

Following our listing on Bittrex last week (26 October 2018), we are stoked to announce that PAL Network has now been officially listed on UPbit. Ranked 13th on CoinMarketCap as of 30 October 2018, the exchange has over 1.2 million users and has the largest trading volume in Korea.

UPbit is a crypto exchange of DUNAMU, a Korea-based fintech company which also developed Kakao Stock application. The company signed an exclusive contract last year with Bittrex and has been able to keep UPbit’s trading volume the largest in Korea, and 13th largest worldwide. On UPbit, you can deposit in KRW, BTC, ETH, and USDT, and PAL will be traded in BTC.

While Korea has less than 1% of the world’s population, estimates indicate that it is responsible for 30% of all cryptocurrency trading in the world. Our team foresees UPbit to bring PAL Network front-and-centre to the Korean crypto market!

Listing Information

Token: PAL Network (PAL)

Trading pair: PAL/BTC

Start trading now at https://upbit.com/exchange?code=CRIX.UPBIT.BTC-PAL!

About PAL Network

PAL Network is a dual-layered protocol for financial assets that uses data to bridge the gap between consumers and insurance providers by providing a new level of accessibility within the financial ecosystem. The company also works with insurers to provide CryptoProtect insurance coverage for digital assets and smart contracts. PAL Network is a member of Singapore Fintech Association and ACCESS. PAL Network’s affiliated entity, PolicyPal Singapore, has an active user base of 50,000 for its app, which helps users to manage, buy and optimise their insurance policies.

Currently, PAL Network has partnerships with insurance companies, FWD and Ergo, to explore potential use cases of our decentralised protocol together. Furthermore, we have also established collaborations with blockchain projects NEM, QTUM, Sentinel Protocol, MediBloc, Digix and traceto.io to offer CryptoProtect and mainstream insurance products for the projects themselves, along with their respective communities.