[Upbit] Announcement on New Trading Support for Movement (MOVE) (KRW, BTC, USDT Market) (Notice on Further Delay of Trading Support Commencement)

Update Date: 2024-12-09 21:59

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

The commencement of trading support for Movement (MOVE) has been temporarily postponed.

[Notice on Delay of MOVE Trading Support Commencement]

• Original trading support commencement time: 2024-12-09 22:00 KST

• Delayed trading support commencement time: To be announced later

*The commencement of MOVE trading support will proceed after securing sufficient liquidity within the exchange for investor protection, and further guidance will be provided through a separate announcement.

Please refer to this for your use.

Thank you.

Update Date: 2024-12-09 20:55

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

The commencement of trading support for Movement (MOVE) has been postponed.

[Notice on Delay of MOVE Trading Support Commencement]

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

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

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

Additionally, from the time this notice is posted, the withdrawal fee for Movement (MOVE) will be free for approximately 24 hours, after which fees will be charged. It may take some time for the withdrawal fee adjustment to apply, so please be sure to check the withdrawal fee displayed when proceeding with a withdrawal.

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 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 any changes announced through this notice. * Before the reference price is registered on CoinMarketCap or before Upbit MOVE trading support, all MOVE deposits exceeding 1 million KRW in conversion value will be subject to Travel Rule verification, regardless of the amount. Please take note of this. * Be sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the announced network are not supported. ### ※ Trading Restrictions Notice - Buy Limit: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum Sell Limit: 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 reflect the precautions may take a long time to return, so please check the precautions carefully - Only deposits and withdrawals through the announced network (MOVE-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 Business Operators, 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 deposits are made through a linked personal wallet, deposit returns may be necessary depending on the asset's network. - For large digital asset deposits 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 stability and scalability offered by the Move language while maintaining compatibility with existing Ethereum applications. Additionally, Movement Labs provides a high degree of freedom in rollup construction infrastructure through the Move Stack, which facilitates the development of Move-based rollups. MOVE is a token used in Movement for staking, delegation, governance activities, 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 > 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 also borne by 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, there are continuous price differences between domestic and international exchanges. Please be sure to pay attention to 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 service, so please be aware of this.

※ Virtual assets are high-risk products that can result in the loss of all or part of your investment.

*This information is generated automatically.