Exchange Announcement
[Upbit] World Liberty Financial USD (USD1) New Trading Support Notice (KRW, BTC, USDT Markets)
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- Upbit announced that it will begin trading support for USD1 on the KRW, BTC, and USDT markets on the Ethereum network starting September 1 at 16:00.
- It stated that after trading support begins, there will be a roughly 5-minute buy restriction, a restriction on sell orders priced at -- 10% or lower compared to the previous day's closing price, and an approximately 2-hour restriction on order types except limit orders.
- USD1 is a stablecoin redeemable at a 1:1 ratio for the US dollar (USD), and its reserves are held or managed by BitGo Trust Company, Inc. and/or BitGo Technologies LLC.
- 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 announcing new digital asset trading support as follows.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |
|---------------------|----------------|----------|--------------|--------------|
| World Liberty Financial USD (USD1) | KRW, BTC, USDT | Ethereum | September 1, scheduled at 15:00 | September 1, scheduled at 16:00 |
- Please be sure to check the network before depositing digital assets. Deposits/withdrawals via networks other than the indicated network are not supported. * If sufficient liquidity is not secured after deposit/withdrawal services begin, the trading support start time may be postponed. ### ※ Trading Restrictions Notice Trading restriction prices are 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: Sell orders priced at -- 10% or lower compared to the previous day's closing price will be restricted for about 5 minutes after trading support begins. - Order type restriction: For about 2 hours after trading support begins, all order types except limit orders will be restricted. - Please check the previous day's closing price and recent price in the table below.
| Digital Asset | Previous Day's Closing Price | Recent Price (as of September 1, 13:00) |
| USD1 | 1,390.2 KRW | 1,394 KRW |
| USD1 |
| USD1 |
|----------------|----------------|----------------------|
| 0.00000923 BTC | 0.00000929 BTC |
| 1.00 USDT | 1.00 USDT |
※ Deposit Notes Deposits that cannot be reflected may take a long time to be returned, so please check the precautions carefully - Deposits/withdrawals are supported only on the indicated network (USD1-Ethereum). Please confirm the network before depositing. - The contract address of USD1 supported for trading on Upbit is 0x8d0D000Ee44948FC98c9B98A4FA4921476f08B0d. Please check the contract address when proceeding with USD1 deposits/withdrawals. - To comply with the Travel Rule, if assets are deposited to Upbit through an exchange that is not included in the List of Virtual Asset Service Providers Eligible for Deposits/Withdrawals, the deposit cannot be reflected and returns of such deposits may take a long time. - Deposits/withdrawals are possible only to personal wallet addresses that have completed 'ownership verification', and even for deposits from linked personal wallets, deposits may need to be returned depending on the asset's network. - For large deposits of digital assets with unclear origin, proof of source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset ~~USD1 (World Liberty Financial USD)~~ > World Liberty Financial USD (USD1) is a stablecoin redeemable at a 1:1 ratio for the US dollar (USD). USD1 is 100% collateralized by reserves consisting of short-term US Treasuries, US dollar deposits, and other cash equivalents, and the reserve assets are all held or managed by BitGo Trust Company, Inc., a trust company authorized in the state of South Dakota, and/or BitGo Technologies LLC, a federally registered financial services company and state-licensed money transmitter. USD1 is used as a stablecoin for issuance and fiat currency redemption. > Website : World Liberty Financial USD Official Website > X (formerly Twitter) : World Liberty Financial USD Official X > Whitepaper : World Liberty Financial USD Official Whitepaper ✽ If the digital asset is not displayed on PC, please refresh (F5) and check. ✽ If the digital asset is not displayed in the Upbit App, please go to More > Display Settings > Receive Coin Info Again and check.
Investment Risk Notice
• Investment in digital assets is exposed to rapid price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for investment decisions regarding this digital asset rests with you, and any losses incurred belong to the investor. Please carefully review the project's website and disclosure materials to fully understand the characteristics of the digital asset and trade cautiously.
• Due to the nature of digital asset trading, price differences between domestic and international exchanges may persist. Please be aware of price differences with global exchanges before investing in digital assets.
• Upbit takes various measures, such as minimum order amount limits, to create a stable trading environment, but in overheated investment environments, order stabilization messages may be displayed to some members. This is an unavoidable measure to process orders placed earlier and to provide stable services, so please be aware of this.
※ Virtual assets are high-risk products that may result in the loss of all or part of your investment.

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