Exchange Announcement
[Upbit] Notice on New Listing Support for Babylon (BABY) (BTC, USDT Market)
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- Upbit announced that trading support for Babylon (BABY) on the BTC and USDT markets will begin from 16:00 on July 10.
- BABY is the native coin of the Babylon Layer 1 blockchain and is used for network fees, staking, and rewards.
- Deposits and withdrawals are supported only through the Babylon Genesis network, and investors should be aware of investment risks due to volatility.
- 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 following details regarding new digital asset trading support.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |
|-----------|-----------|-----------------|---------------------|---------------|
| Babylon (BABY) | BTC, USDT | Babylon Genesis | Within 3 hours from the time of this notice | Scheduled for July 10, 16:00 |
* Please make sure to check the network before making deposits of digital assets. Deposits and withdrawals through networks other than those specified are not supported. ### ※ Trading Restrictions Notice The trading restriction price is determined based on prices provided by CoinMarketCap. - Buy Restriction: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum Sell Price Restriction: For about 5 minutes after trading support begins, sell orders at prices of 10% or less below the previous day’s closing price will be restricted. - Order Type Restriction: For about 2 hours after trading support begins, all order types except for limit orders will be restricted. - Please refer to the table below to check the previous day's closing price and recent price.
| Digital Asset | Previous Day's Closing Price | Recent Price (as of July 10, 12:00) |
| BABY | 0.00000041 BTC | 0.00000042 BTC |
| BABY |
|-------------|----------------|-----------------------|
| 0.0449 USDT | 0.0475 USDT |
※ Deposit Precautions Deposits that cannot be processed may take a long time to be returned, so please carefully review the precautions. - Deposits and withdrawals are only supported via the specified network (BABY-Babylon Genesis). Please ensure to check the network before depositing. - To comply with the Travel Rule, if assets are deposited to Upbit through an exchange not included in the List of Virtual Asset Service Providers authorized for deposits and withdrawals, the deposit will not be credited, and it may take a considerable amount of time for such uncredited deposits to be returned. - Deposits and withdrawals are only possible through personal wallet addresses that have passed 'Ownership Verification.' Even if deposited via a linked personal wallet, reimbursement may be necessary depending on the network of the asset. - In the case of large-value digital asset deposits with unclear sources, a source of funds disclosure may be requested. (Terms of Use Article 17, Section 8) ### ※ Additional Digital Asset \~\~BABY (Babylon)\~\~ > Babylon is an infrastructure and Layer 1 blockchain that supports BTC self-staking on the Bitcoin network, making it the largest-capitalized asset in the virtual asset market. Through this service, Babylon provides BTC holders with greater utility beyond asset holding, while enabling proof-of-stake based blockchains to enhance security using BTC. BABY is the native coin of Babylon Layer 1 and is used for network fees, staking, governance, rewards, and more. > Homepage: [Official Babylon Homepage](https://babylonlabs.io/) > X (formerly Twitter): [Official Babylon X](https://x.com/babylonlabs_io) > Whitepaper: [Official Babylon Whitepaper](https://docs.babylonlabs.io/papers/btc_staking_litepaper(EN).pdf) ✽ If you cannot view this digital asset on PC, please refresh the page (F5) and check again. ✽ If you cannot view this digital asset on the Upbit App, please click on More > Screen Settings > Refresh Coin Info, then check again.
Investment Risk Notice
• Investment in digital assets may be subject to abrupt price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for investment decisions in this digital asset rests solely with the investor, and any resultant losses also accrue to the investor. Please thoroughly review the project homepage and public disclosures to fully understand the characteristics of the digital asset and exercise caution in trading.
• Due to the characteristics of digital asset trading, price discrepancies continually occur between domestic and international exchanges. Please be sure to pay attention to price differences with global exchanges before investing in digital assets.
• Upbit undertakes various measures including minimum order amount restrictions to provide a stable trading environment, but depending on overheated market conditions, some users may see order stabilization messages. This is an unavoidable measure to process preexisting orders and maintain stable service, so please be aware of this.
※ Virtual assets are high-risk products that may result in partial or total loss of investment capital.

*This is automatically generated information.





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