Exchange Announcement
[Upbit] Axelar (AXL) KRW, USDT Market Digital Asset Addition
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- Upbit announced that Axelar (AXL) will be listed on the KRW and USDT markets starting June 10, 2025.
- Deposits and withdrawals of Axelar (AXL) are only supported via the announced Ethereum network; users are advised to verify the network.
- Investment in digital assets carries high risks associated with price volatility and regulatory changes, so thorough consideration is recommended before investing.
- 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.
On June 10, 2025, the following digital asset will be added to the KRW and USDT markets on Upbit.
| Digital Asset | Market | Network | Trading Support Start Time |
|----------|-----------|----------|---------------|
| Axelar (AXL) | KRW, USDT | Ethereum | Scheduled for June 10, 16:00 |
* Be sure to check the network before depositing digital assets. Deposits and withdrawals via networks other than the announced network are not supported. * AXL on the Ethereum network may be displayed as AXL or WAXL depending on the exchange. Please check with the respective exchange for the correct network. ### ※ Trading Restrictions Trading restriction prices are determined based on prices provided by the Upbit BTC market. - Buy restriction: Buy orders will be restricted for approximately 5 minutes after trading support begins. - Minimum sell restriction: For about 5 minutes after trading support starts, sell orders at prices lower than -- 10% from the previous day's closing price will be restricted. - Order type restriction: For about 2 hours after trading support starts, all types of orders except limit orders will be restricted. - Please refer to the table below for the previous day's closing price.
| Digital Asset | BTC Market Previous Day Closing Price |
| AXL | 0.00000306 BTC (460 KRW, 0.3369 USDT) |
|--------|---------------------------------------|
※ Cautions Regarding Deposits If unable to reflect the deposit, the return process may take a long time, so please carefully check the deposit instructions - Only deposits and withdrawals via the announced network (AXL-Ethereum) are supported. Please check the network before depositing. - The contract address for AXL supported on Upbit is [0x467719aD09025FcC6cF6F8311755809d45a5E5f3](https://etherscan.io/token/0x467719aD09025FcC6cF6F8311755809d45a5E5f3). Please verify the contract address when conducting AXL deposits and withdrawals. - For travel rule compliance, if assets are deposited to Upbit from an exchange not listed on the [Depositable Virtual Asset Service Provider List](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), the deposit cannot be reflected, and the return process for unreflected deposits may be prolonged. - Deposits and withdrawals are only possible with personal wallet addresses for which 'ownership verification' is complete. Even deposits from a linked wallet may need to be returned depending on the asset's network. - For large deposits of digital assets with unclear origin, an explanation of the source may be requested. (Terms of Use Article 17 Clause 8) ### ※ Additional Digital Asset \~\~AXL (Axelar)\~\~ > Axelar is a blockchain built using Cosmos SDK with a DPoS consensus, providing cross-chain communication solutions among various blockchain networks. Axelar's core technology enables decentralized transfer of assets and messages between networks. AXL, Axelar’s native token, is required for staking as a validator, and is also used for transaction fees and governance participation on the Axelar network. > Homepage: [Official Axelar Homepage](https://www.axelar.network/) > X(former Twitter): [Official Axelar X](https://x.com/axelar) > Whitepaper: [Official Axelar Whitepaper](https://docs.axelar.dev/) ✽ If the digital asset does not appear on the PC, please refresh (F5) and check again. ✽ If the digital asset does not appear on the Upbit App, please tap 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, as well as changes in domestic and international regulatory environments. The responsibility for investment decisions in this digital asset lies with the investor, as do any potential losses. Please carefully refer to the project homepage and official disclosures to fully understand the characteristics of the digital asset before trading.
• Due to the nature of digital asset trading, price differences between domestic and overseas exchanges are continuous. Be sure to check the price difference with global exchanges before investing in digital assets.
• Upbit takes various measures, such as a minimum order amount limit, to ensure a stable trading environment. Due to overheated market conditions, some members may receive order stabilization messages. This is an unavoidable step to process existing orders and maintain a stable service, so please take note.
※ Virtual assets are high-risk products and may result in partial or total loss of investment capital.

*This information is generated automatically.





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