South Korean cryptocurrency exchange Upbit announced on August 26, 2026 that it will add PolySwarm's NCT token to its Korean won market. Trading for the NCT/KRW pair is scheduled to open at 9:00 PM KST on August 26, barring liquidity delays.
NCT rose by over 200% over 24 hours before the scheduled Korean won market opened on Upbit. The token traded near $0.0146 as of 7:43 PM KST, with 24-hour trading volume reaching approximately $15.36 million and market capitalization near $24.28 million, according to CoinGecko data. NCT traded between approximately $0.004626 and $0.01384 during the period.
Upbit will waive standard NCT/KRW trading fees for the market's first 24-hour period after launch, reducing the fee from 0.05% to 0%. The promotion is scheduled to run from 9:00 PM on August 26 until 8:59:59 PM on August 27, unless the exchange postpones the market launch.
The exchange is implementing temporary trading restrictions following the structure used for other recent additions. Buy orders will be blocked for approximately five minutes after trading begins. Sell orders priced 10% or more below the reference price will face the same restriction. Only limit orders will be available during the first two hours.
Upbit's official notice listed NCT's previous BTC market close at 0.00000006 BTC, equivalent to approximately 6.55 won, serving as a reference for early order restrictions rather than a guaranteed opening price. NCT already trades against Bitcoin on Upbit.
Ethereum is the only network Upbit currently supports for NCT deposits and withdrawals on launch. The supported contract address is 0x9e46a38f5daabe8683e10793b06749eef7d733d1, matching the address shown by Etherscan. Upbit also requires customers to follow its Travel Rule and personal-wallet ownership verification requirements.
PolySwarm describes itself as a decentralized threat-intelligence marketplace. Security engines compete to identify malicious files and receive NCT based on their performance. Project documentation states that NCT provides access to threat intelligence generated through the platform. The ERC-20 token has a fixed maximum supply of approximately 1.886 billion NCT, with nearly all tokens reported as circulating.
The listing gives NCT a direct fiat trading route on South Korea's largest crypto exchange by reported domestic volume. NCT was also trading on Bithumb, Coinbase, Gate and smaller venues. Korean exchange listings have previously coincided with sharp short-term price moves, as seen when Upbit's decision to add three GRVT trading pairs was accompanied by a 23% increase before trading opened.
Attention will now move to the NCT/KRW opening price, early trading volume and whether Upbit extends any restrictions.
