FileCoin’s file -token spiked by 30%after South Korean Exchange Upbit started noting file trading pairs.
The token rose to as high as $ 3.49 from $ 2.71 on coinbase and recently traded about $ 3.00. The daily trading volume increased by 68% to $ 303 million according to CoinMarketcap.
Upbit said in a tweet that File/Krw Trading Save went live at. 07:30 UTC.
Tokens, listed on South Korean exchanges, often deals with a prize because strict financial controls in Korea mean that it is difficult for capital to flow in and out of the country, leading to a lack of arbitrage options.
