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Exchange Announcement

[Upbit] PUFFER, SWELL New Trading Support Announcement (BTC, USDT Market)

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  • Upbit announced the start of new trading support for PUFFER and SWELL, requiring investors to deposit and withdraw through the designated Ethereum network.
  • PUFFER and SWELL are used for governance and staking purposes, and investors should consider initial trading restrictions when planning their strategies.
  • Digital assets can be exposed to rapid price fluctuations, and it is advised to carefully review price differences and make cautious investment decisions.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Hello. This is Upbit, the most trusted global standard digital asset exchange.

We are pleased to announce new digital asset trading support as follows.

| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |

|-----------------------|-----------|----------|---------------------|----------------|

| PUFFER, SWELL | BTC, USDT | Ethereum | Within 3 hours from the announcement | Scheduled for December 5th, 15:00 |

Please make sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the specified network are not supported. * Withdrawal fees for PUFFER and SWELL digital assets will be free for approximately 24 hours after the start of deposits and withdrawals, and fees will be charged after 24 hours. ### ※ Trading Restrictions Notice Trading restriction prices are determined based on prices provided by CoinMarketCap. - Buy Restriction: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum Sell Restriction: Sell orders at prices 10% below the previous day's closing price will be restricted for about 5 minutes after trading support begins. - Market and Reserved Order Restriction: Market and reserved orders will be restricted for about 1 hour after trading support begins. - Please check the previous day's closing price and recent price through the table below.

| Digital Asset | Previous Day's Closing Price | Recent Price (as of December 5th, 11:00) |

| PUFFER | 0.00000604 BTC | 0.00000575 BTC |

| PUFFER |

| PUFFER |

|------------|----------------|---------------------------|

| 0.597 USDT | 0.582 USDT |

| Digital Asset | Previous Day's Closing Price | Recent Price (as of December 5th, 11:00) |

| SWELL | 0.00000047 BTC | 0.00000044 BTC |

| SWELL |

| SWELL |

|--------------|----------------|---------------------------|

| 0.04615 USDT | 0.04515 USDT |

※ Deposit Precautions Deposits that cannot be reflected may take a long time to return, so please carefully check the precautions - Deposits and withdrawals are only supported through the specified network (PUFFER-Ethereum, SWELL-Ethereum). Please check the network before depositing. - To comply with the Travel Rule, if assets are deposited to Upbit through exchanges not included in the List of Virtual Asset Service Providers, separate deposit reflection review is required. Deposits that cannot be reflected may take a long time to return. - Deposits and withdrawals are only possible with a personal wallet address that has completed 'Ownership Verification', and even if it is a deposit through a linked personal wallet, deposit return processing may be required depending on the network of the asset. - In case of deposits of large amounts of digital assets with unclear sources, an explanation of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset PUFFER (Puffer) > Puffer is a Liquid Restaking Protocol utilizing Ethereum. The Puffer protocol contributes to enhancing network security by reusing staked Ethereum, and the UniFi Based Rollup aims to secure decentralization by utilizing Layer 1 validators as Sequencers. The virtual asset PUFFER is used for governance purposes. > Homepage: Puffer Official Homepage > X (formerly Twitter): Puffer Official X > Whitepaper: Puffer Official Whitepaper > Telegram: Puffer Official Telegram SWELL (Swell Network) > Swell Network is a project providing liquidity staking/restaking. Swell Network users can increase capital efficiency by staking and restaking their Ethereum holdings. Additionally, Swell Network offers an Earn Vault service for easy DeFi use and plans to launch Layer 2. The virtual asset SWELL is used for governance and staking purposes. > Homepage: Swell Official Homepage > X (formerly Twitter): Swell Official X > Whitepaper: Swell Official Whitepaper ✽ If the digital asset is not displayed on the PC, please refresh (F5) and check again. ✽ If the digital asset is not displayed on the Upbit App, please click More > Screen Settings > Refresh Coin Information and check again.

Investment Risk Notice

• Digital asset investments may be exposed to rapid price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for investment decisions in this digital asset lies with the individual, and any potential losses are attributed to the investor. Please carefully refer to the project homepage and disclosure materials to fully understand the characteristics of digital assets and trade cautiously.

• Due to the nature of digital asset trading, price differences between domestic and international exchanges are continuously occurring. Please be sure to pay attention to price differences with global exchanges before investing in digital assets.

• Upbit is taking various measures, such as minimum order amount restrictions, to create a stable trading environment, but some members may see order stabilization messages due to an overheated investment environment. This is an unavoidable measure to process orders from members who ordered first and to provide stable services, so please be aware of this.

※ Virtual assets are high-risk products and may result in the loss of all or part of your investment.

*This information is automatically generated.

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