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Exchange Announcement

[Upbit] Magic Eden (ME) New Trading Support Announcement (KRW, BTC, USDT Market)

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  • Magic Eden (ME) token is supported for trading on Upbit for the first time, and it is expected that securing liquidity for stable trading will take some time.
  • Magic Eden (ME) can be deposited and withdrawn through the Solana network, and it is essential to check the network before depositing.
  • Digital asset investments can experience rapid price fluctuations due to speculative demand and changes in the regulatory environment, so cautious investment decisions are advised.
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  • 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 new digital asset trading support as follows.

Magic Eden (ME) is the first global trading support, and it is expected that securing sufficient liquidity for stable trading will take some time. Therefore, Upbit will provide additional guidance on the trading support time through this announcement 1 hour before the trading support time, once sufficient liquidity is secured within the exchange.

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

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

| Magic Eden (ME) | KRW, BTC, USDT | Solana | Scheduled for December 10th at 23:00 | To be announced later |

  • Magic Eden (ME) supports deposits and withdrawals through the Solana network. * Please note that all ME deposits before the reference price is registered on CoinMarketCap or before the Upbit ME trading support time are subject to Travel Rule verification, regardless of whether the conversion amount exceeds 1 million won. * Please be sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the announced network are not supported. ### ※ Trading Restrictions Notice - Buy Restriction: Buy orders will be restricted for about 5 minutes after trading support. - Minimum Sell Restriction: The reference price for the minimum sell restriction will be announced through an additional notice 1 hour before trading support. - Order Type Restriction: All types of orders except limit orders will be restricted for about 1 hour after trading support. ### ※ 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 announced network (ME-Solana) are supported. Please check the network before depositing. - For the implementation of the Travel Rule, if assets are deposited to Upbit through an exchange not included in the List of Virtual Asset Business Operators Available for Deposit/Withdrawal, 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, deposit return processing may be required depending on the network of the asset. - When depositing large amounts of digital assets with unclear sources, a statement of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset ~~ME (Magic Eden)~~ > The virtual asset ME is a token launched to promote the growth of the Magic Eden platform and community, widely known as an NFT marketplace. Magic Eden, which started as an NFT marketplace in September 2021, currently supports NFT trading based on various blockchain networks such as Ethereum, Bitcoin, Solana, Polygon, and Base on its own platform. Magic Eden aims to become a consumer app that allows trading of various types of assets on all chains on one platform, helping anyone easily onboard into the crypto industry. The virtual asset ME is used as a means of governance, staking, and user rewards within the Magic Eden platform. > Homepage: Magic Eden Official Homepage > X (formerly Twitter): Magic Eden Official X > Whitepaper: Magic Eden 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 > Refresh Coin Information and check again.

Investment Risk Notice

• 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 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 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 orders from members who ordered first and to provide stable services, so please be aware of this.

※ Virtual assets are high-risk products that can result in the loss of all or part of the investment.

*This information is automatically generated.

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