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Exchange Announcement

[Upbit] Announcement on New Trading Support for Solayer (LAYER) (KRW, BTC, USDT Markets)

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  • Solayer (LAYER) will be supported for trading in the KRW, BTC, USDT markets, and the exact trading start time will be announced later.
  • Deposits and withdrawals are only possible on the Solana network, emphasizing the necessity of network verification.
  • It was stated that digital asset investments could be exposed to rapid price fluctuations, and the responsibility for investment lies with the individual.
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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 the support for new digital asset trading as follows.

We anticipate that securing sufficient liquidity for stable trading of Solayer (LAYER) will take some time. Therefore, Upbit will provide additional guidance on the trading support timing through this announcement once sufficient liquidity is secured within the exchange.

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

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

| Solayer (LAYER) | KRW, BTC, USDT | Solana | Scheduled for 9 PM on February 11 | To be announced |

* Solayer (LAYER) supports deposits and withdrawals through the Solana network. * Please note that all LAYER deposits before the reference price is registered on CoinMarketCap or before the Upbit LAYER trading support time will be subject to Travel Rule verification, regardless of whether the converted amount exceeds 1 million KRW. * Please ensure to verify the network before depositing digital assets. Deposits and withdrawals through networks other than the announced network are not supported. ### ※ Trading Restrictions Notice - Buy Limit: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum Sell Limit: The reference price for the minimum sell limit will be announced through this notice before the trading support start time. - Order Type Restriction: All types of orders except limit orders will be restricted for about 1 hour after trading support begins. ### ※ Deposit Precautions Deposits that cannot be reflected may take a long time to process for return, so please carefully check the precautions. - Deposits and withdrawals are only supported through the announced network (LAYER-Solana). Please verify 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](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), they cannot be reflected, and deposits that cannot be reflected may take a long time to process for return. - Deposits and withdrawals are only possible with a personal wallet address that has completed 'Ownership Verification', and even if the deposit is made through a linked personal wallet, it may need to be returned depending on the network of the asset. - When depositing large amounts of digital assets with unclear sources, a statement of the source of funds may be requested. (Terms of Use Article 17, Clause 8) ### ※ Additional Digital Asset \~\~LAYER (Solayer)\~\~ > Solayer (Solayer) is a restaking network existing on Solana that improves network bandwidth for on-chain decentralized applications (dApps) by staking SOL. This is achieved by restaking LSTs like sSOL received from staking SOL and delegating them to decentralized applications called endoAVS (Endogenous AVS) to prioritize transactions occurring in specific dApps. > Homepage: [Solayer Official Homepage](https://solayer.org/) > X (formerly Twitter): [Solayer Official X](https://x.com/solayer_labs) > Whitepaper: [Solayer Official Whitepaper](https://docs.solayer.org/getting-started/introduction) ✽ If the digital asset is not displayed on a PC, please refresh (F5) and check again. ✽ If the 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 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 also borne by 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 aware of the 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 be exposed to order stabilization messages due to an overheated investment environment. Please note that this is an unavoidable measure to process orders of members who ordered first and to provide stable services.

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



*This information is generated automatically.

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