Exchange Announcement
[Upbit] Pudgy Penguins (PENGU) New Trading Support Announcement (KRW, BTC, USDT Market)
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- Upbit announced that it will start supporting trading for the new digital asset Pudgy Penguins (PENGU) from 18:00 on May 9.
- Pudgy Penguins (PENGU) can only be deposited or withdrawn on the Solana network, and restrictions on buying, selling, and order types will be applied in the initial trading phase.
- This digital asset has the characteristics of a meme coin, and it was emphasized that investors must check for price volatility, network, deposit conditions, and other risk factors.
- 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 about the new digital asset trading support as follows.
| Digital Asset | Market | Network | Deposit/Withdrawal Opening Time | Trading Support Start Time |
|-------------|----------------|--------|---------------------|--------------|
| Pudgy Penguins (PENGU) | KRW, BTC, USDT | Solana | Within 2 hours from the time of announcement | Scheduled for May 9, 18:00 |
* Please be sure to check the network before depositing the digital asset. Deposits and withdrawals via networks other than those announced are not supported.
※ Trading Restrictions Information Trading restriction prices are determined based on prices provided by CoinMarketCap. - Buy limit: Buy orders are restricted for about 5 minutes after trading support begins. - Minimum sell price restriction: Sell orders at prices more than 10% lower than the previous day's closing price are restricted for about 5 minutes after trading support begins. - Order type restriction: All order types except for limit orders are restricted for about 2 hours after trading support begins. - Please check the previous closing price and the latest price through the table below.
| Digital Asset | Previous Day’s Closing Price | Latest Price (as of May 9, 14:50) |
| PENGU | 19.17 KRW | 19.34 KRW |
| PENGU |
| PENGU |
|----------------|----------------|--------------------------|
| 0.00000013 BTC | 0.00000013 BTC |
| 0.01372 USDT | 0.01377 USDT |
※ Notes on Deposits Deposits that cannot be reflected may take a long time to be returned, so please be sure to thoroughly check the notes - Deposits and withdrawals are supported only via the announced network (PENGU-Solana). Please be sure to check the network before depositing. - The contract address for PENGU supported on Upbit is [2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv](https://solscan.io/token/2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv). Please check the contract address when conducting PENGU deposits or withdrawals. - For compliance with the Travel Rule, if assets are deposited to Upbit through an exchange that is not on the list of virtual asset service providers available for deposit and withdrawal, the deposit cannot be reflected and it may take a long time to return unreflected deposits. - Deposits and withdrawals are only possible to/from personal wallet addresses for which 'ownership verification' has been completed. Even if the deposit is made via a linked personal wallet, deposit refund processing may be necessary depending on the asset’s network. - If a large amount of digital asset with unclear origin is deposited, a source of funds inquiry may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~PENGU (Pudgy Penguins)\~\~ > Pudgy Penguins is a representative PFP NFT collection featuring penguin images, and through using its own IP, it is building awareness not only in the Web3 market but also in the Web2 market via various collaborations with companies, production and sales of toys, and other activities. PENGU token, issued by the Pudgy Penguins team, is a fungible token (FT) created to address Pudgy Penguins’ limited scalability issues caused by the limited number of NFTs in the collection, and to increase community participation. The PENGU token is a meme coin and currently has no inherent token utility, but as the ecosystem centered on the community grows, its use cases are expected to expand in the future. > Homepage : [Pudgy Penguins Official Homepage](https://www.pudgypenguins.com/) > X (formerly Twitter) : [Pudgy Penguins Official X](https://x.com/pudgypenguins) > Whitepaper : [Pudgy Penguins Official Whitepaper](https://www.pudgypenguins.com/pengu) ✽ If the digital asset cannot be found on PC, please refresh (F5) and check again. ✽ If the digital asset cannot be found on the Upbit App, click on More > Screen Settings > Refresh Coin Info and then check again.
Investment Risk Notice
• Digital asset investment is subject to rapid price fluctuations due to speculative demand and changes in domestic and international regulatory environments. Responsibility for investment decisions regarding this digital asset rests with the individual, and any potential losses are also borne by the investor. Please closely review the project website and public disclosures to fully understand the characteristics of the digital asset and trade cautiously.
• Due to the nature of digital asset trading, price differences between domestic and overseas exchanges continuously occur. Please be sure to pay attention to the price differences with global exchanges before investing in digital assets.
• Upbit undertakes various measures such as minimum order amount restrictions to establish a stable trading environment. However, according to the overheated investment environment, some members may receive order stabilization messages. This is an unavoidable measure to process orders placed earlier and provide stable service, so please be aware of this.
※ Virtual assets are high-risk products that can result in partial or total loss of investment.

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