Exchange Announcement

[Upbit] Announcement on New Trading Support for Movement (MOVE) (KRW, BTC, USDT Markets)

Source
Exchange Announcement Bot

Summary

  • Movement (MOVE) supports deposits and withdrawals through the Ethereum network and will be available for trading from December 9th, 21:00.
  • MOVE tokens will be used for various purposes in Movement, including staking, delegation, and governance.
  • Cryptocurrency investments carry high-risk factors such as price volatility, and individuals are responsible for their investment decisions.

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 | Trading Support Start Time |

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

| Movement (MOVE) | KRW, BTC, USDT | Ethereum | Scheduled for December 9th, 20:00 | Scheduled for December 9th, 21:00 (subject to change) |

  • Movement (MOVE) supports deposits and withdrawals through the Ethereum network. * Movement (MOVE) is the first global trading support, and the trading support start time may change. Any changes will be announced through this notice. * All MOVE deposits before the reference price is registered on CoinMarketCap or before the Upbit MOVE trading support time will be subject to Travel Rule verification, regardless of whether the converted amount exceeds 1 million KRW. Please take note of this. * 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 - Buy Restriction: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum Sell Restriction: Limited to 0.3325 USD (464.5 KRW, 0.0000033 BTC, 0.3325 USDT), which is -30% of the previous day's OTC trading lowest price. - Order Type Restriction: All order types except limit orders will be restricted for about 1 hour after trading support begins. ### ※ Deposit Precautions Deposits that cannot be reflected may take a long time to return, so please check the precautions carefully - Deposits and withdrawals are only supported through the specified network (MOVE-Ethereum). 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, 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, it may need to be returned depending on the network of the asset. - When depositing large amounts of digital assets with unclear sources, an explanation of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset ~~MOVE (Movement)~~ > Movement is an Ethereum Layer 2 solution that supports both MoveVM and EVM transactions. Through these features, Movement allows developers to maintain compatibility with existing Ethereum applications while showcasing the benefits of high stability and scalability provided by the Move language. Additionally, Movement Labs offers a highly flexible rollup building infrastructure through the Move Stack, which facilitates the development of Move-based rollups. MOVE is a token used in Movement for purposes such as staking, delegation, governance, and gas fee payments. > Website: Movement Official Website > X (formerly Twitter): Movement Official X > Whitepaper: Movement 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 can be 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 will also be 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 takes various measures, such as minimum order amount restrictions, to create a stable trading environment. However, due to an overheated investment environment, some members may receive 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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