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Exchange Announcement

[Upbit] Notice on Extension of Designated Period for DAD Trading Caution

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  • It was announced that the designated period for trading caution of DAD has been extended by the members of the Digital Asset eXchange Alliance (DAXA).
  • It was stated that during the extended period, it will be determined whether to extend, lift, or finally terminate the trading caution designation.
  • DAXA emphasized that they will continue to implement investor protection measures through virtual asset review and market monitoring for safe trading.
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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 would like to inform you that the designated period for trading caution of DAD has been extended by the members of the Digital Asset eXchange Alliance (DAXA). DAXA members can take actions such as urging caution, designating trading caution items, and terminating trading support to protect investors.

  • Reference: [Trading] Notice on Designation of Trading Caution Items for DAD, Bitcoin Gold (BTG)(https://upbit.com/service_center/notice?id=4710)

Please find below the detailed reasons for the extension of the designated period for trading caution, and we ask members holding the relevant digital assets to check the following details.

[Notice on Extension of Designated Period for Trading Caution]

DAD (DAD, DAD)

  • Target Market: DAD/BTC

  • Reason for Extension of Designated Period for Trading Caution:

  • After requesting clarification from DAD following the designation of trading caution, a review was conducted, but as the Digital Asset eXchange Alliance (DAXA) requested additional joint clarification from the foundation, the designated period for trading caution is extended.

  • Extended Period for Trading Caution: \~ 2024-12-30 (Mon) 23:59 KST

[Notice on Extension of Designated Period for Trading Caution]

  • During the extended designated period for trading caution, Upbit will determine whether to extend, lift, or finally terminate trading support for the relevant digital asset through additional review.

  • Upbit's designation of digital asset caution items and termination of trading support is based on the Digital Asset Trading Caution Item Designation and Trading Support Termination Policy (https://static.upbit.com/guide/market_policy_close.pdf).

  • The Digital Asset eXchange Alliance (DAXA) is reviewing the virtual assets supported by member companies and monitoring market conditions, and will continue to implement investor protection measures through prompt information provision and joint response in case of crisis situations requiring investor caution.

Upbit will always do its best to ensure safe trading for our customers.

Thank you.

※ 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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