[Upbit] Announcement on New Trading Support for Solayer (LAYER) (KRW, BTC, USDT Markets) (Trading Support Start Time and Minimum Sell Price Guide)

Update Date: 2025-02-12 08:30

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 sell price for Solayer (LAYER).

[Solayer (LAYER) Trading Support Start Time]

• Target Markets: KRW-LAYER, BTC-LAYER, USDT-LAYER

• Trading Support Start Time: Scheduled for 2025-02-12 09:00 KST

• If there are any changes to the trading support time, we will provide additional guidance through this announcement.

• Please note that price differences between exchanges and Upbit may occur depending on the support for deposits and withdrawals between exchanges after the start of trading support.

[Solayer (LAYER) Minimum Sell Price Guide]

• Solayer (LAYER) Minimum Sell Price Guide

• KRW Market: 1,360 KRW

• BTC Market: 0.00000977 BTC

• USDT Market: 0.9398 USDT

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

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

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.

We believe that securing sufficient liquidity for stable trading support of Solayer (LAYER) will take some time. Therefore, Upbit will provide additional guidance on the trading support time 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 February 11, 21:00 | To be announced later |

• 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 Upbit LAYER trading support time are subject to Travel Rule verification regardless of whether the converted amount exceeds 1 million KRW. * 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 Guide - Buy Restriction: Buy orders will be restricted for about 5 minutes after trading support. - Minimum Sell Restriction: The reference price for minimum sell restriction will be announced through this announcement 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. ### ※ Deposit Precautions Deposits that cannot reflect the precautions may take a long time to return, so please check the precautions carefully. - Only deposits and withdrawals through the announced network (LAYER-Solana) are supported. 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, they cannot be reflected, and deposits that cannot be reflected may take a long time to return. - Deposits and withdrawals are only possible to personal wallet addresses that have completed 'ownership verification', and even if deposits are made through linked personal wallets, deposits may need to be returned depending on the network of the asset. - For large deposits of digital assets with unclear sources, a statement of the source of funds may be requested. (Terms of Use Article 17, Paragraph 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 done by restaking LSTs like sSOL received by staking SOL and delegating them to decentralized applications called endoAVS (Endogenous AVS) to prioritize transactions occurring in specific dApps. > Homepage: Solayer Official Homepage > X (formerly Twitter): Solayer Official X > Whitepaper: Solayer 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 > Retrieve Coin Information and check again.

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 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 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 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 your investment.

*This information is automatically generated.