Exchange Announcement
[Upbit] Notice on New Listing Support for Sophon (SOPH) (KRW, BTC, USDT Market) (Notice on Deposit and Withdrawal Service Commencement)
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- Upbit announced that it will support the deposit and withdrawal service for Sophon (SOPH) and will later inform the trading support schedule via a separate notice.
- Since Sophon (SOPH) only supports deposits and withdrawals through the Sophon Chain network, users must check the network before making deposits.
- All SOPH deposits before trading support commences will be subject to Travel Rule verification, and users are advised to be cautious of investment risks and market fluctuations when transferring digital assets.
- 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.
> Update Date: 2025-05-28 17:30
Hello. This is Upbit, the most trusted global standard digital asset exchange.
We are launching the deposit and withdrawal service for Sophon (SOPH).
Please refer to the following for precautions related to deposits and withdrawals.
[Deposit and Withdrawal Notes]
-
Deposits and withdrawals are only supported via the specified network (Sophon Chain). Be sure to check the network before making a deposit.
-
After the deposit and withdrawal service starts, all deposits before the reference price is registered on CoinMarketCap or before Upbit's trading support for SOPH, regardless of whether the converted amount exceeds 1,000,000 KRW, will be subject to Travel Rule verification. Please take note of this.
In addition, we are currently holding a Sophon (SOPH) quiz event, and we invite all members to participate and show interest.
- Reference: [Sophon (SOPH) Quiz Event: Study essential information about the project with SOPH and receive tokens!](https://upbit.com/service_center/notice?id=5178)
Thank you.
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.
It is expected that some time will be needed to secure sufficient liquidity for the stable trading support of Sophon (SOPH). Therefore, Upbit will announce the trading support time through this notice once sufficient liquidity has been secured within the exchange.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |
|----------|----------------|--------------|-----------|------------|
| Sophon (SOPH) | KRW, BTC, USDT | Sophon Chain | To Be Announced | To Be Announced |
* Sophon (SOPH) supports deposits and withdrawals only via the Sophon Chain network. * All SOPH deposits before the reference price is registered on CoinMarketCap or before trading support for SOPH on Upbit, regardless of whether the converted amount exceeds 1,000,000 KRW, will be subject to Travel Rule verification. Please take note of this. * Be sure to confirm the network before depositing digital assets. Deposits and withdrawals via networks other than those indicated are not supported. ### ※ Trading Restrictions - Buying restriction: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum selling price restriction: The reference price for the restriction will be announced through this notice before trading support commences. - Order type restriction: Except for limit orders, all other order types will be restricted for about 2 hours after trading support begins. ### ※ Deposit Notes Deposits noncompliant with these precautions may take a long time to be refunded, so please check all notes carefully. - Deposits and withdrawals are only supported via the specified network (SOPH-Sophon Chain). Be sure to check the network before making a deposit. - To comply with the Travel Rule, if assets are deposited to Upbit from an exchange not included in the [List of Virtual Asset Service Providers Supporting Deposits/Withdrawals](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), the deposit cannot be processed, and noncompliant deposits may take a long time to be refunded. - Deposits and withdrawals are only available with a self-owned wallet address that has completed 'ownership verification.' Even if deposited via a linked personal wallet, the refund process might be needed based on the network of the asset. - For large deposits of digital assets with unclear sources, you may be asked to clarify the origin of the funds. (Article 17, Paragraph 8 of the Terms of Use) ### ※ Additional Digital Asset \~\~SOPH (Sophon)\~\~ > Sophon is a consumer-focused blockchain built on a ZK Stack. By adopting the ElasticChain structure of ZKsync, it inherits Ethereum’s security and ensures interoperability with various ZK chains. The Sophon Chain is designed around key ZK Stack components: ZK Router and Gateway. The SOPH virtual asset is used for staking, governance participation, utility, and transaction fee payments. > Website: [Sophon Official Website](https://sophon.xyz/) > X (formerly Twitter): [Sophon Official X](https://x.com/sophon) > Whitepaper: [Sophon Official Whitepaper](https://docs.sophon.xyz/welcome) ✽ If the digital asset is not displayed on PC, please refresh (F5) and check again. ✽ If the digital asset is not displayed on the Upbit App, go to More > Display Settings > Refresh Coin Info and check again.
Investment Risk Notice
• Investment in digital assets may be exposed to sudden price fluctuations due to speculative demand and changes in domestic or global regulatory environments. The responsibility for any investment decision in these digital assets lies solely with the investor, and any possible losses are the investor's responsibility. Please carefully review the project homepage and disclosures to fully understand the characteristics of the digital assets before trading.
• Due to the nature of digital asset trading, there are persistent price differences between domestic and global exchanges. Please always pay attention to price differences before investing in digital assets.
• Upbit endeavors to foster a stable trading environment through various measures such as minimum order amount limits. However, depending on an overheated investment environment, some members may see an order stabilization message. Please note this is an unavoidable measure to process orders from members who ordered first and to ensure stable service.
※ Virtual assets are high-risk products and may result in the loss of all or part of your investment.

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