[Upbit] SonicSVM (SONIC) New Trading Support Announcement (KRW, BTC, USDT Market) (Trading Support Start Time and Minimum Selling Price Guide)

Update Date: 2025-01-08 13:05

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

We are pleased to announce the start time for trading support and the minimum selling price for SonicSVM (SONIC).

[SONIC Trading Support Start Time Announcement]

• Target Market: KRW-SONIC, BTC-SONIC, USDT-SONIC

• Trading Support Start Time: Scheduled for 2025-01-08 14:00 KST

• If there is a change in the trading support time, we will provide additional guidance through this announcement.

• Please note that there may be a price difference between other exchanges and Upbit depending on the deposit and withdrawal support between exchanges after the trading support starts.

[SONIC Minimum Selling Price Guide]

• SONIC Minimum Selling Price Guide

• KRW Market: 1,363 KRW

• BTC Market: 0.00000957 BTC

• USDT Market: 0.937 USDT

• For about 5 minutes after trading support, sell orders below -10% of the above standard price will be restricted.

• For other trading restrictions, please refer to the main text of the announcement below.

Thank you.

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Update Date: 2025-01-08 11:12

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

We are pleased to announce the start time for the deposit and withdrawal service for SonicSVM (SONIC).

[SONIC Deposit and Withdrawal Service Start Announcement]

• Deposit and Withdrawal Service Start Time: Scheduled for 2025-01-08 12:00 KST

• SONIC supports deposits and withdrawals through the Solana network.

Thank you.

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Update Date: 2025-01-07 19:35

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

Due to an issue that requires additional verification during the preparation process for the start of the deposit and withdrawal service for SonicSVM (SONIC), the start time has been postponed.

We will provide additional guidance through this announcement 1 hour before the start of the deposit and withdrawal.

Thank you.

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

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

It is expected that a certain amount of time will be required to secure sufficient liquidity for the stable trading support of SonicSVM (SONIC). Therefore, Upbit will provide additional guidance on the trading support time through this announcement 1 hour before the trading support time after 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 January 7, 20:00 | To be announced later |

• SonicSVM (SONIC) supports deposits and withdrawals through the Solana network. * All SONIC deposits before the reference price is registered on CoinMarketCap or before the Upbit SONIC trading support time will be subject to Travel Rule verification regardless of whether the conversion amount exceeds 1 million KRW. Please note this. * Please be sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the announced network are not supported. ### ※ Trading Restriction Guide - Purchase Restriction: Purchase orders will be restricted for about 5 minutes after trading support. - Minimum Selling Restriction: The standard price for minimum selling restriction will be announced through an additional announcement 1 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 for the return process, so please carefully check the precautions - Only deposits and withdrawals through the announced network (SONIC-Solana) are supported. Please check the network before depositing. - For the implementation of the Travel Rule, if assets are deposited to Upbit through an exchange not included in the List of Virtual Asset Business Operators with Deposit and Withdrawal Capability, they cannot be reflected, and deposits that cannot be reflected may take a long time for the return process. - 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 the 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 rollup network of Solana that emerged to solve the potential Solana network overload issues that may arise during the future on-chain game development process 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 > X (formerly Twitter): SonicSVM Official X > Whitepaper: SonicSVM Official Whitepaper ✽ If the digital asset is not displayed on the PC, please refresh (F5) and check. ✽ If the digital asset is not displayed on the Upbit App, please click More > Screen Settings > Retrieve Coin Information and check.

Investment Risk Warning

• 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 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 continue to occur. Please be sure to pay attention to the 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, but due to the overheated investment environment, some members may be exposed to order stabilization messages. This is an unavoidable measure to process the orders of members who ordered first and to provide stable services, so please note 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.