Upbit Lists Bio Protocol (BIO) Token on KRW, BTC, and USDT Markets

Quick Breakdown

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  Upbit adds Bio Protocol (BIO) trading pairs in KRW, BTC, and USDT markets.
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  BIO supports decentralized funding and commercialization of early-stage biotech research.
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  Listing strengthens links between blockchain innovation and the global life sciences sector.

Upbit Announces Bio Protocol (BIO) Listing

Upbit has announced the listing of Bio Protocol (BIO), expanding trading options across KRW, BTC, and USDT markets. The exchange confirmed that trading for the new token will begin at 6 p.m. KST on October 20, with deposits opening within two hours of the announcement.

BIO Listing and Trading Guidelines

According to Upbit’s notice, the Bio Protocol token will operate on the Ethereum network, with deposits and withdrawals limited to that chain. The platform emphasized that using unsupported networks could result in delays or losses, urging users to verify the official contract address: 0xcb1592591996765ec0efc1f92599a19767ee5ffa.

Upbit has also introduced temporary trading restrictions to ensure market stability during the launch phase. For the first five minutes after trading begins, buy orders will be suspended, and sell orders below 10% of the previous day’s closing price will not be accepted. Additionally, only limit orders will be allowed for the first two hours.

As of 3:15 p.m. KST on October 20, BIO was trading at ₩120.04 ($0.0848 USDT), up slightly from the previous day’s ₩118.09 close. The exchange reminded users that only verified personal wallets and compliant exchanges listed under travel rule standards are permitted for deposits and withdrawals.

Bio Protocol: A Decentralized Biotech Finance Platform

Bio Protocol positions itself as a decentralized financing and operations infrastructure for early-stage biotechnology projects, aiming to democratize funding in the life sciences sector. The project connects patients, researchers, and investors through a community-driven ecosystem that supports biotech research from concept to commercialization.

BIO tokens power staking, governance participation, and project investment within the ecosystem. Over ten Bio DAOs — including VitaDAO, AthenaDAO, and PsyDAO — are already operating within the network, conducting real-world scientific research and tokenized asset management.

Meanwhile, Upbit is advancing its infrastructure strategy with the launch of Giwa, its in-house Ethereum Layer-2 network, now live on testnet. Announced at the Upbit D Conference 2025, the development signals the exchange’s ambition to grow beyond trading services and establish itself as a key Web3 infrastructure provider.