Upbit and Bithumb List Metaplex and Nexus Amid South Korean Market Interest

South Korean cryptocurrency exchanges Upbit and Bithumb have announced new trading support for two altcoins, Metaplex (MPLX) and Nexus ($NEX).

The trading start date for Metaplex has been postponed to 7:00 PM on July 3rd from its initial announcement of 3:00 PM. The same applies to Nexus, which will now begin trading at 7:00 PM instead of the previously announced 6:00 PM.

Metaplex will be traded on the Solana network for BTC and USDT, while Nexus will be available for trade on the Ethereum network for USDT. Deposits and withdrawals for both assets are scheduled to open within two hours of the announcement's release.

Upbit has stated that it may postpone the trading start time again if sufficient liquidity is not available. The exchange also warned that buy orders will be restricted for approximately 5 minutes after trade opens, and sell orders cannot be placed at levels more than 10% below the previous day's closing price during this period.

Bithumb announced on the same day that it would add MPLX and $NEX to its South Korean won (KRW) market. Metaplex trading is scheduled to begin at 3:00 PM on July 3rd, with a reference price of 32.09 won, while Nexus trading at 6:00 PM on the same day, with a reference price of 0.0028 won.

Metaplex and Nexus are expected to be closely watched in the South Korean market following their listings. Metaplex is among the prominent projects offering NFT and token infrastructure within the Solana ecosystem, while Nexus stands out as a layer-1 blockchain project combining verifiable computing infrastructure with financial applications.