[Upbit] PUFFER, Swell Network New Trading Support Announcement (BTC, USDT Market) (Swell Name Change Announcement)

Update Date: 2024-12-05 15:10

Hello. This is Upbit, the most trusted global standard digital asset exchange.

Today, we are changing the Korean name notation of SWELL to align with other exchanges as follows.

[SWELL Name Change Announcement]

• Previous: Swell

• Changed: Swell Network

Please refer to this for your use.

Thank you.

Hello. This is Upbit, the most trusted global standard digital asset exchange.

We are pleased to announce the new digital asset trading support as follows.

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

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

| PUFFER, Swell Network | BTC, USDT | Ethereum | Within 3 hours from the announcement | Scheduled for December 05, 15:00 |

• Please be sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the announced network are not supported. * Withdrawal fees for PUFFER and Swell Network digital assets are free for approximately 24 hours after the deposit/withdrawal start and will be charged after 24 hours. ### ※ Trading Restrictions Notice The trading restriction price is determined based on the price provided by CoinMarketCap. - Buy Restriction: Buy orders are restricted for about 5 minutes after trading support. - Minimum Sell Restriction: Sell orders at prices 10% below the previous day's closing price are restricted for about 5 minutes after trading support. - Market and Reservation Order Restriction: Market and reservation orders are restricted for about 1 hour after trading support. - Please check the previous day's closing price and recent price in the table below.

| Digital Asset | Previous Day Closing Price | Recent Price (as of December 5, 11:00) |

| PUFFER | 0.00000604 BTC | 0.00000575 BTC |

| PUFFER |

| PUFFER |

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

| 0.597 USDT | 0.582 USDT |

| Digital Asset | Previous Day Closing Price | Recent Price (as of December 5, 11:00) |

| SWELL | 0.00000047 BTC | 0.00000044 BTC |

| SWELL |

| SWELL |

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

| 0.04615 USDT | 0.04515 USDT |

※ Deposit Precautions Deposits that cannot be reflected may take a long time to return, so please check the precautions carefully - Only deposits and withdrawals through the announced networks (PUFFER-Ethereum, SWELL-Ethereum) are supported. Be sure to 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, separate deposit reflection review is required. 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 deposits are made through a linked personal wallet, deposit return processing may be required depending on the network of the asset. - If a large amount of digital assets with unclear sources is deposited, an explanation of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset ~~PUFFER (Puffer)~~ > Puffer is a Liquid Restaking Protocol utilizing Ethereum. The Puffer Protocol contributes to enhancing network security by reusing staked Ethereum, and the UniFi Based Rollup aims to secure decentralization by utilizing Layer 1 validators as sequencers. The virtual asset PUFFER is used for governance purposes. > Homepage: Puffer Official Homepage > X (formerly Twitter): Puffer Official X > Whitepaper: Puffer Official Whitepaper > Telegram: Puffer Official Telegram ~~SWELL (Swell Network)~~ > Swell Network is a project providing liquidity staking/restaking. Swell Network users can increase capital efficiency by staking and restaking their Ethereum. Additionally, Swell Network offers an Earn Vault service for easy DeFi use and plans to launch Layer 2. The virtual asset SWELL is used for governance and staking purposes. > Homepage: Swell Network Official Homepage > X (formerly Twitter): Swell Network Official X > Whitepaper: Swell Network 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 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 and may result in the loss of all or part of the investment.

*This information is automatically generated.