Exchange Announcement

[Upbit] Movement (MOVE) New Trading Support Announcement (KRW, BTC, USDT Market) (Notice of Delay in Trading Support Start Time)

Source
Exchange Announcement Bot

Summary

  • The trading support start time for Movement (MOVE) has been delayed to 22:00 on December 9, 2024.
  • The MOVE token is used for various purposes such as staking, delegation, governance, and gas fee payments.
  • Movement is an Ethereum Layer 2 solution supporting MoveVM and EVM transactions, offering developers high scalability and stability.

Update Date: 2024-12-09 20:55

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

The start time for trading support of Movement (MOVE) has been delayed.

[Notice of Delay in MOVE Trading Support Start Time]

  • Original trading support start time: 2024-12-09 21:00 KST

  • Delayed trading support start time: 2024-12-09 22:00 KST

*The trading support start time may change further, and any changes will be announced through this notice.

Additionally, from the time of this notice's posting, the withdrawal fee for Movement (MOVE) will be free for approximately 24 hours, after which fees will be charged.

Please ensure to check the withdrawal fee displayed when proceeding with withdrawals, as it may take some time for the fee adjustment to apply.

Please take note of this information.

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 Start Time | Trading Support Start Time |

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

| Movement (MOVE) | KRW, BTC, USDT | Ethereum | Scheduled for Dec 9, 20:00 | Scheduled for Dec 9, 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 time may change, with further announcements made through this notice. * All MOVE deposits before the reference price is registered on CoinMarketCap or before the Upbit MOVE trading support time, regardless of whether the conversion amount exceeds 1 million KRW, will be subject to Travel Rule verification. Please take note of this. * Please ensure to verify the network before depositing digital assets. Deposits and withdrawals through networks other than the specified network are not supported. ### ※ Trading Restrictions Notice - Purchase Restriction: Purchase 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 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 carefully check the precautions - Only deposits and withdrawals through the specified network (MOVE-Ethereum) are supported. Please verify the network before depositing. - For the implementation of the Travel Rule, if assets are deposited to Upbit through exchanges not included in the List of Virtual Asset Service Providers with Deposit/Withdrawal Capability, they cannot be reflected, and deposits that cannot be reflected may take a long time to return. - 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 need to be processed according to the asset's network. - For large deposits of digital assets with unclear sources, a statement 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 provides developers with the benefits of high scalability and stability offered by the Move language while maintaining compatibility with existing Ethereum applications. Additionally, Movement Labs provides a highly flexible rollup construction infrastructure through the Move Stack, which allows for easier development of Move-based rollups. MOVE is a token used within Movement for staking, delegation, governance, and gas fee payments. > Homepage: Movement Official Homepage > 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 > Retrieve 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 review 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 continue to occur. 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, but due to the overheated investment environment, some members may see 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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