Exchange Announcement
[Upbit] Plasma (XPL) New Trading Support Notice (KRW, BTC, USDT Markets)
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- Upbit announced that Plasma (XPL) is scheduled to start trading support on Sep 25 at 22:00 in the KRW, BTC, and USDT markets.
- They stated that after deposit support begins, all XPL deposits until a reference price is registered on CoinMarketCap or until Upbit's XPL trading support start time will be subject to Travel Rule verification.
- They also said that if a certain level of liquidity is not secured after deposit/withdrawal services begin, the trading support start time may be delayed, and they announced buy restrictions for approximately 5 minutes and order type restrictions for about 2 hours excluding limit orders.
- 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 of the new digital asset trading support as follows.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |
|-----------|----------------|--------|---------------|---------------|
| Plasma (XPL) | KRW, BTC, USDT | Plasma | Scheduled for Sep 25 at 21:00 | Scheduled for Sep 25 at 22:00 |
* Plasma (XPL) supports deposits and withdrawals via the Plasma network. * After deposit support begins, all XPL deposits until a reference price is registered on CoinMarketCap or until Upbit's XPL trading support start time will be subject to Travel Rule verification regardless of whether the converted amount exceeds KRW 1,000,000. * Please make sure to check the network before depositing or withdrawing digital assets. Deposits or withdrawals via networks other than the announced network are not supported. * After deposit/withdrawal service begins, if a certain level of liquidity is not secured, the trading support start time may be delayed. ### ※ Trading Restrictions - Buy 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 the trading support start time. - Order type restriction: For approximately 2 hours after trading support begins, all order types except limit orders will be restricted. ### ※ Deposit Precautions Deposits that cannot be reflected may take a long time to be returned, so please carefully check the precautions. - Deposits and withdrawals are supported only through the announced network (XPL-Plasma). Please confirm the network before depositing. - To comply with the Travel Rule, if assets are deposited to Upbit through an exchange that is not included in the [List of virtual asset service providers available for deposits and withdrawals](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), the deposit cannot be reflected, and deposits that cannot be reflected may take a long time to be returned. - Deposits and withdrawals are possible only to personal wallet addresses that have completed 'ownership verification.' Even if the deposit is made through a linked personal wallet, depending on the network of the asset, the deposit may need to be returned. - For large digital asset deposits with unclear sources, proof of the source of funds may be requested. (Terms of Use Article 17 Clause 8) ### ※ Additional Digital Asset \~\~XPL (Plasma)\~\~ > Plasma is a Layer 1 blockchain designed for global stablecoin payments. It provides stablecoin-centric features such as fee exemption for stablecoin (USD₮) transfers (Paymaster) and customizable gas token contracts that allow gas fees to be paid in various tokens other than XPL. Plasma utilizes its own consensus algorithm, PlasmaBFT. PlasmaBFT provides fast finality and high throughput by parallelizing the propose-vote-commit stages based on Fast HotStuff. XPL is used for paying network fees, validator rewards, governance participation, and other purposes. > Website : [Plasma Official Website](https://www.plasma.to/) > X (formerly Twitter) : [Plasma Official X](https://x.com/PlasmaFDN) > Whitepaper : [Plasma Official Whitepaper](https://docs.plasma.to/) ✽ If the digital asset is not displayed on PC, please refresh (F5) and check. ✽ If the digital asset is not displayed in the Upbit App, please click More > Screen Settings > Receive Coin Info Again and check.
Investment Risk Notice
• Investment in digital assets is exposed 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 losses incurred belong to the investor. Please carefully refer to the project website and disclosure materials to fully understand the characteristics of the digital asset and trade with caution.
• Due to the nature of digital asset trading, price differences between domestic and international exchanges continuously occur. Please be sure to pay attention to price differences with global exchanges before investing in digital assets.
• Upbit takes various measures, such as minimum order amount limits, to create a stable trading environment, but in an overheated investment environment, some users may see order stabilization messages. This is an unavoidable measure to process orders placed earlier by other users and to maintain stable service, so please be aware of this.
※ Virtual assets are high-risk products and may result in loss of all or part of the invested funds. ※ Investment decisions in virtual assets and any resulting principal losses are the responsibility of the investor. ※ Reviewed by Dunamu, Inc. Compliance Officer No. 25-0156 (25.09.22~26.09.21)

*This information is generated automatically.



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