Exchange Announcement
[Upbit] Announcement on New Listing Support for Sophon (SOPH) (KRW, BTC, USDT Markets)
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- Upbit announced that support for trading of the new digital asset Sophon (SOPH) is forthcoming but will provide a separate update regarding the trading support schedule after sufficient liquidity is secured.
- Sophon (SOPH) is based on the Sophon Chain network, and deposits and withdrawals are only supported on the specified network.
- It is emphasized that investing in digital assets carries risks of rapid price changes and high volatility, so investors should thoroughly review official project materials and trade with caution.
- 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 support for trading of a new digital asset as follows.
Please note that securing sufficient liquidity for stable trading support of Sophon (SOPH) may require some time. As such, Upbit will provide an additional announcement regarding the specific timing for trading support once ample liquidity is secured within the exchange.
| Digital Asset | Market | Network | Deposit/Withdrawal Opening Time | Trading Support Opening Time |
|----------|----------------|--------------|-----------|------------|
| Sophon (SOPH) | KRW, BTC, USDT | Sophon Chain | To be announced | To be announced |
* Sophon (SOPH) supports deposits and withdrawals via the Sophon Chain network. * All SOPH deposits made after deposit support is enabled but before a reference price is listed on CoinMarketCap or prior to Upbit’s official SOPH trading support, will be subject to travel rule verification regardless of whether their converted value exceeds ₩1,000,000. Please keep this in mind. * Be sure to check the network before depositing digital assets. Deposits or withdrawals via networks other than the ones announced are not supported. ### ※ Trading Restrictions Notice - Purchase Restriction: Buy orders will be restricted for approximately 5 minutes after trading support begins. - Minimum Sell Price Restriction: The reference price for the minimum sell price restriction will be announced in this notice before trading support starts. - Order Type Restriction: For approximately 2 hours after trading launches, only limit orders will be allowed; all other order types will be restricted. ### ※ Deposit Precautions Deposits that cannot be reflected may take a long time to return, so please review all precautions thoroughly. - Only deposits and withdrawals through the designated network (SOPH-Sophon Chain) are supported. Always verify the network before depositing. - To comply with the travel rule, if assets are deposited to Upbit via exchanges not included in the [List of Virtual Asset Service Providers Supporting Withdrawals/Deposits](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), the deposit cannot be credited and the return process may take a long time. - Deposits and withdrawals are allowed only via personal wallet addresses that have completed 'ownership verification,' and even if using a linked personal wallet, the deposit may need to be returned based on the asset’s network. - In the case of large-value digital asset deposits with unclear origins, you may be asked to prove your fund’s source. (Terms of Use Article 17, Section 8) ### ※ Additional Digital Asset \~\~SOPH (Sophon)\~\~ > Sophon (Sophon) is a consumer-centric blockchain built on the ZK stack. By adopting the ElasticChain structure from ZK Sync, it inherits Ethereum’s security and secures interoperability with various ZK chains. The Sophon Chain is designed around major components of the ZK stack: ZK Router and ZK Gateway. The SOPH digital asset is used for staking, governance participation, utility, and transaction fee payments. > Homepage: [Official Sophon Homepage](https://sophon.xyz/) > X (formerly Twitter): [Official Sophon X](https://x.com/sophon) > Whitepaper: [Official Sophon Whitepaper](https://docs.sophon.xyz/welcome) ✽ If this digital asset does not appear on PC, please refresh (F5) and check again. ✽ If it does not appear on the Upbit App, please click More > Screen Settings > Retrieve Coin Information Again and check again.
Investment Risk Notice
• Investments in digital assets may be subject to sudden price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for investment decisions regarding this digital asset lies solely with the investor, as do any potential losses. Please thoroughly review the project’s official website and disclosure documents to fully understand the characteristics of the digital asset and proceed with caution.
• Due to the nature of digital asset trading, continuous price differences may occur between domestic and overseas exchanges. Always check the price difference with global exchanges before investing in digital assets.
• While Upbit is taking various measures such as minimum order amount restrictions to ensure a stable trading environment, in an overheated investment environment, some users may see order stabilization messages. Please note that this is an unavoidable measure to process earlier orders first and maintain stable service.
※ Virtual assets are high-risk products and may cause partial or total loss of your investment.

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