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Exchange Announcement

[Upbit] Announcement of New Trading Support for Movement (MOVE) (KRW, BTC, USDT Market)

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  • Upbit announced the start of trading support for the Movement (MOVE) token in the KRW, BTC, and USDT markets.
  • The MOVE token supports the Ethereum network and is used for staking and gas fee payments.
  • Movement is an Ethereum Layer 2 solution that provides high scalability and stability.
STAT AI Notice
  • 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 the support for trading new digital assets as follows.

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

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

| Movement (MOVE) | KRW, BTC, USDT | Ethereum | Scheduled for December 9th, 20:00 | Scheduled for December 9th, 21:00 (subject to change) |

  • Movement (MOVE) supports deposits and withdrawals through the Ethereum network. * Movement (MOVE) is the first global trading support, and the trading support time may change. If there are any changes, we will provide additional guidance through this announcement. * All MOVE deposits before the reference price is registered on CoinMarketCap or before the Upbit MOVE trading support time are subject to Travel Rule verification, regardless of whether the conversion amount exceeds 1 million KRW. Please be aware of this. * Please make sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the specified network are not supported. ### ※ Trading Restrictions Notice - Buy Restriction: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum Sell Restriction: Restricted to 0.3325 USD (464.5 KRW, 0.0000033 BTC, 0.3325 USDT), which is -30% of the previous day's OTC trading lowest price. - Order Type Restriction: All types of orders except limit orders will be restricted for about 1 hour after trading support begins. ### ※ Deposit Precautions Deposits that cannot reflect the precautions may take a long time to return, so please check the precautions carefully - Only deposits and withdrawals through the specified network (MOVE-Ethereum) are supported. Please check the network before depositing. - For the implementation of the Travel Rule, if assets are deposited to Upbit through exchanges not included in the List of Virtual Asset Service Providers, they cannot be reflected, and deposits that cannot be reflected may take a long time to return. - Deposits and withdrawals are only possible with a personal wallet address that has completed 'Ownership Verification', and even if it is a deposit through a linked personal wallet, it may need to be returned depending on the network of the asset. - For large deposits of digital assets with unclear sources, an explanation of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset ~~MOVE (Movement)~~ > Movement is an Ethereum Layer 2 solution that supports both MoveVM and EVM transactions. Through these features, Movement allows developers to maintain compatibility with existing Ethereum applications while showcasing the benefits of high stability and scalability provided by the Move language. Additionally, Movement Labs offers a highly flexible rollup construction infrastructure through the Move Stack, which facilitates the development of Move-based rollups. MOVE is a token used within Movement for staking, delegation, governance, and gas fee payments. > Homepage: Movement Official Homepage > X (formerly Twitter): Movement Official X > Whitepaper: Movement Official Whitepaper ✽ 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, please click More > Screen Settings > Retrieve Coin Information and check again.

Investment Risk Notice

• Digital asset investments are subject 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 attributed to 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 aware of the price differences with global exchanges before investing in digital assets.

• Upbit takes various measures, such as minimum order amount restrictions, to create a stable trading environment. However, due to the overheated investment environment, some members may be exposed to order stabilization messages. This is an unavoidable measure to process orders from 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 the investment.

*This information is automatically generated.

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