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<div id="textarea-bg-text" class="textarea-bg-text small-font">Upbit is a relatively new South Korean C2C exchange, launched by Dunamu, a fintech company owned by Kakao, South Korea's largest instant messaging software developer, which, in partnership with Bittrex, provides Upbit with a wide variety of cryptocurrency transactions. In addition, the Upbit platform also has advanced blockchain technology, professional regulatory knowledge and rich operational know-how. Over the years, it has been providing users with safe and user-friendly services.</div>
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MultiversX

<p class=" richtext-paragraph  css-127w7vq"><span class="richtext-text css-6hm6tl" data-bn-type="text">Elrond is a decentralized blockchain network co-founded in 2017 by brothers Beniamin and Lucian Mincu and Lucian Todea. As a sharding-enabled blockchain, Elrond aims to increase scalability and lower transaction fees to stand out from the crowd of actively launching blockchains.</span></p><p class=" richtext-paragraph  css-127w7vq"> <span class="richtext-text css-6hm6tl" data-bn-type="text">The underlying protocol of Elrond blockchain technology consists of smart contract programming. Developers can develop on Elrond using Rust, C and C++ languages.</span></p><p class=" richtext-paragraph  css-127w7vq"> <span class="richtext-text css-6hm6tl" data-bn-type="text">Elrond’s native cryptocurrency is MultiversX (EGLD), a token that can be used to pay for low transaction fees and to reward validators on its blockchain network. Network validator nodes are responsible for actively maintaining the security of the Elrond network, verifying network transactions, and minting new EGLD</span></p>

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