[Upbit] SonicSVM (SONIC) New Trading Support Announcement (KRW, BTC, USDT Market) (Notice of Deposit/Withdrawal Start Delay)

> Update Date: 2025-01-07 19:35

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

In the process of preparing for the SonicSVM (SONIC) deposit and withdrawal service, an issue requiring additional verification has arisen, leading to a delay in the start time for deposits and withdrawals.

The start time for deposits and withdrawals will be further announced through this notice one hour before the commencement.

Thank you.

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

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

It is expected that securing sufficient liquidity for stable trading support of SonicSVM (SONIC) will take some time. Therefore, Upbit will provide additional guidance on the trading support time through this notice one hour before the trading support time once sufficient liquidity is secured within the exchange.

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

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

| SonicSVM (SONIC) | KRW, BTC, USDT | Solana | Scheduled for 20:00 on January 7 | To be announced later |

* SonicSVM (SONIC) supports deposits and withdrawals through the Solana network. * Please note that all SONIC deposits before the reference price is registered on CoinMarketCap or before Upbit's SONIC trading support time are subject to Travel Rule verification, regardless of whether the conversion amount exceeds 1 million won. * Please ensure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the announced network are not supported. ### ※ Trading Restrictions Notice - Buy Restriction: Buy orders will be restricted for about 5 minutes after trading support. - Minimum Sell Restriction: The reference price for the minimum sell restriction will be announced through an additional notice one hour before trading support. - Order Type Restriction: All types of orders except limit orders will be restricted for about 1 hour after trading support. ### ※ Deposit Precautions Deposits that cannot be reflected may take a long time to return, so please carefully check the precautions - Only deposits and withdrawals through the announced network (SONIC-Solana) are supported. Please check the network before depositing. - To comply with the Travel Rule, if assets are deposited to Upbit through an exchange not included in the [List of Virtual Asset Business Operators with Deposit/Withdrawal Capability](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), they cannot be reflected, and 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, it may be necessary to process a deposit return depending on the network of the asset. - In the case of large digital asset deposits with unclear sources, an explanation of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~SONIC (SonicSVM Sonic SVM)\~\~ > SonicSVM (Sonic SVM) is a Solana rollup network that emerged to solve potential Solana network congestion issues during future on-chain game development and to activate the Solana game ecosystem. SonicSVM supports the construction of game-specific rollups on Solana using its self-developed HyperGrid system. > Homepage: [SonicSVM Official Homepage](https://www.sonic.game/) > X (formerly Twitter): [SonicSVM Official X](https://x.com/SonicSVM) > Whitepaper: [SonicSVM Official Whitepaper](https://docs.sonic.game/) ✽ If this digital asset is not displayed on your PC, please refresh (F5) and check again. ✽ If this digital asset is not displayed on the Upbit App, please click More > Screen Settings > Retrieve Coin Information and check again.

Investment Risk Notice

• Digital asset investments are 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 review the project's 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 aware of price differences with global exchanges before investing in digital assets.

• Upbit takes various measures, such as minimum order amount restrictions, to create a stable trading environment. However, due to the overheated investment environment, some members may be exposed to order stabilization messages. 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 that can result in the loss of all or part of the investment.

*This information is automatically generated.