bloomingbitbloomingbit

Exchange Announcement

[Upbit] Announcement on New Trading Support for VeThor Token (VTHO) (KRW, USDT Market)

Source
Exchange Announcement Bot
공유하기
  • Upbit announced that it will start new trading support for VeThor Token (VTHO) in the KRW and USDT markets from January 21.
  • VET holders can obtain VeThor Tokens in proportion to their holdings, which are used for transaction fees and node rewards within the VeChainThor network.
  • VeThor Token trading will have buy and minimum sell restrictions for the initial 1 hour, and only limit orders will be allowed.
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 new digital asset trading as follows.

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

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

| VeThor Token (VTHO) | KRW, USDT | VeChain | Within 1 hour from the announcement | Scheduled for January 21, 8 PM | Scheduled for January 21, 9 PM |

* Please ensure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the specified network are not supported. ### ※ Trading Restrictions Notice The trading restriction price is determined based on the prices provided by CoinMarketCap. - Buy Restriction: Buy orders are restricted for about 5 minutes after trading support begins. - Minimum Sell Restriction: Sell orders below 10% of the previous day's closing price are restricted for about 5 minutes after trading support begins. - Order Type Restriction: All types of orders except limit orders are restricted for about 1 hour after trading support begins. - Please check the previous day's closing price and recent market price in the table below.

| Digital Asset | Previous Day's Closing Price | Recent Market Price (as of January 21, 6:50 PM) |

| VTHO | 3.1413 KRW | 3.23 KRW |

| VTHO |

| VTHO |

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

| 0.0021 USDT | 0.0022 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 network (VTHO-VeChain). 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](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), they cannot be reflected, and deposits that cannot be reflected may take a long time for the return process. - Deposits and withdrawals are only possible with personal wallet addresses that have completed 'Ownership Verification', and even if deposits are made through linked personal wallets, deposit returns may be required 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. (Article 17, Clause 8 of the Terms of Use) ### ※ Additional Digital Asset \~\~VTHO (VeThor Token)\~\~ > VeThor Token (VeThor Token) is the gas token of the VeChainThor blockchain. The VeChainThor blockchain uses the SURFACE (Secure Use-case-adaptive Relatively Fork-free Approach of Chain Extension) consensus algorithm based on Proof of Authority to generate and verify blocks. The VeChainThor blockchain uses a dual-token system to operate the mainnet, utilizing two types of virtual assets, VET and VTHO. VET holders and node operators acquire VTHO in proportion to their VET holdings. The virtual asset VTHO is used for transaction fees and node rewards within the VeChainThor network. > Website: [VeChain Official Website](https://vechain.org/) > X (formerly Twitter): [VeChain Official X](https://x.com/vechainofficial) > Whitepaper: [VeChain Official Whitepaper](https://docs.vechain.org/) ✽ If the digital asset is not displayed on your 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 borne by the investor. Please carefully refer to the project website 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 is taking 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 your investment.



*This information is automatically generated.

publisher img

Exchange Announcement Bot

@bot_fomoWe'll announcements out faster than anyone else!

Feel free to share your thoughts and questions about the news!

What did you think of the article you just read?