[Upbit] PUFFER, Swell Network New Trading Support Announcement (BTC, USDT Market) (Swell Korean Name Change Announcement)

Update Date: 2024-12-05 15:10

Hello. This is Upbit, the most trusted global standard digital asset exchange.

Today, we are changing the Korean name notation of SWELL to unify it with other exchanges as follows.

[Swell Korean Name Change Announcement]

Previous: Swell

Change: Swell Network

Please take note for your reference.

Thank you.

Hello. This is Upbit, the most trusted global standard digital asset exchange.

We are pleased to announce the new digital asset trading support as follows.

| Digital Asset | Market | Network | Deposit Start Time | Trading Support Start Time |

|---------------------------|-----------|----------|---------------------|----------------|

| PUFFER, Swell Network | BTC, USDT | Ethereum | Within 3 hours from the announcement posting time | Scheduled for December 05, 15:00 |

Please make sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the specified ones are not supported. * The withdrawal fee for PUFFER and Swell Network digital assets will be free for about 24 hours after the deposit and withdrawal start, and fees will be charged after 24 hours. ### ※ Trading Restriction Notice The trading restriction price is determined based on the price provided by CoinMarketCap. - Buy Restriction: Buy orders are restricted for about 5 minutes after trading support. - Minimum Sell Restriction: Sell orders below 10% of the previous day's closing price are restricted for about 5 minutes after trading support. - Market and Reserved Order Restriction: Market and reserved orders are restricted for about 1 hour after trading support. - Please check the previous day's closing price and recent price through the table below.

| Digital Asset | Previous Day's Closing Price | Recent Price (as of December 5, 11:00) |

| PUFFER | 0.00000604 BTC | 0.00000575 BTC |

| PUFFER |

| PUFFER |

|------------|----------------|---------------------------|

| 0.597 USDT | 0.582 USDT |

| Digital Asset | Previous Day's Closing Price | Recent Price (as of December 5, 11:00) |

| Swell Network | 0.00000047 BTC | 0.00000044 BTC |

| Swell Network |

| Swell Network |

|--------------|----------------|---------------------------|

| 0.04615 USDT | 0.04515 USDT |

※ Deposit Precautions Deposits that cannot be reflected may take a long time for the return process, so please carefully check the precautions - Deposits and withdrawals are only supported through the specified networks (PUFFER-Ethereum, Swell Network-Ethereum). Please check the network before depositing. - To comply with the Travel Rule, if assets are deposited to Upbit through exchanges not included in the List of Virtual Asset Service Providers, separate deposit reflection review is required. Deposits that cannot be reflected may take a long time for the return process. - Deposits and withdrawals are only possible with a personal wallet address that has completed 'Ownership Verification', and even if deposits are made through a linked personal wallet, deposit return processing may be required depending on the network of the asset. - For large digital asset deposits with unclear sources, a statement of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset PUFFER (Puffer) > Puffer is a Liquid Restaking Protocol utilizing Ethereum. The Puffer Protocol contributes to enhancing network security by re-utilizing staked Ethereum, and the UniFi Based Rollup aims to secure decentralization by using Layer 1 validators as sequencers. The virtual asset PUFFER is used for governance purposes. > Homepage: Puffer Official Homepage > X (formerly Twitter): Puffer Official X > Whitepaper: Puffer Official Whitepaper > Telegram: Puffer Official Telegram Swell Network > Swell Network is a project providing liquidity staking/restaking. Swell Network users can increase capital efficiency by staking and restaking their Ethereum holdings. Additionally, Swell Network offers the Earn Vault service for easy DeFi usage and plans to launch Layer 2. The virtual asset SWELL is used for governance and staking purposes. > Homepage: Swell Network Official Homepage > X (formerly Twitter): Swell Network Official X > Whitepaper: Swell Network Official Whitepaper ✽ If the digital asset is not displayed on the PC, please refresh (F5) and check again. ✽ If the digital asset is not displayed on the Upbit App, please click More > Screen Settings > Refresh Coin Information and check again.

Investment Risk Warning

• Digital asset investments are exposed to rapid price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for investment decisions in this digital asset lies with the individual, and any potential losses are also borne by the investor. Please carefully refer to the project homepage and disclosure materials to fully understand the characteristics of digital assets and trade cautiously.

• Due to the nature of digital asset trading, price differences between domestic and international exchanges are continuously occurring. Please be sure to pay attention to the price differences with global exchanges before investing in digital assets.

• Upbit is taking various measures such as minimum order amount restrictions to create a stable trading environment, but due to the overheated investment environment, some members may be exposed to order stabilization messages. This is an unavoidable measure to process the orders of members who ordered first and to provide stable services, so please be aware of this.

※ Virtual assets are high-risk products and may result in the loss of all or part of your investment.

*This information is automatically generated.