Coinone, a leading South Korean cryptocurrency exchange, will list the SENT token for trading against the Korean won starting January 28, 2025, at 3:00 a.m. UTC. This move aligns with South Korea's stringent regulatory framework and Coinone's commitment to expanding its digital asset offerings. The listing allows Korean investors direct access to SENT, the native utility token of the Sentinel Network, a decentralized VPN ecosystem.
Coinone's decision follows rigorous compliance reviews in accordance with the Financial Services Commission's guidelines. The exchange's listing process evaluates technological viability and market demand, ensuring adherence to national security standards. The SENT/KRW trading pair eliminates the need for stablecoin conversions, potentially reducing transaction costs for users.
This development reflects the growing interest in utility tokens with practical applications, as South Korea's cryptocurrency market continues to mature. Coinone's strategic positioning against competitors like Upbit and Bithumb highlights its focus on unique trading pairs and regulatory compliance, potentially increasing SENT's liquidity and visibility in Asian markets.
Coinone to List SENT Token for KRW Trading on January 28
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