Exchange Announcement
[Upbit] Moca Network (MOCA) New Trading Support Announcement (KRW, BTC, USDT Market)
Summary
- Moca Network (MOCA) will be supported for trading in the KRW, BTC, and USDT markets, with trading scheduled to start at 14:00 on December 16th.
- MOCA trading will have buy orders and minimum sell restrictions for the initial 5 minutes, and market and reservation orders will be restricted for about 1 hour after trading support begins.
- MOCA is used for platform usage fees, payment methods, staking, and governance, and a warning has been added to be cautious of price fluctuations when investing.
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/Withdrawal Start Time | Trading Support Start Time |
|--------------|----------------|----------|---------------------|----------------|
| Moca Network (MOCA) | KRW, BTC, USDT | Ethereum | Within 2 hours from the announcement | Scheduled for December 16th, 14:00 |
- Please be sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the announced network are not supported. ### ※ Trading Restriction Notice The trading restriction price is determined based on the prices provided by CoinMarketCap. - Buy Restriction: Buy orders are restricted for about 5 minutes after trading support begins. - Minimum Sell Restriction: Sell orders at prices 10% below the previous day's closing price are restricted for about 5 minutes after trading support begins. - Market and Reservation Order Restriction: Market and reservation orders are restricted for about 1 hour after trading support begins. - 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 December 16th, 10:25) |
| MOCA | 139.4 KRW | 137.5 KRW |
| MOCA |
| MOCA |
|----------------|----------------|----------------------------|--------------|
| 0.00000092 BTC | 0.00000091 BTC | 0.09687 USDT | 0.09618 USDT |
※ 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 announced network (MOCA-Ethereum) are supported. 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, a 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 asset's network. - 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 ~~MOCA (Moca Network)~~ > Mocaverse (MOCA) is a project that aims to secure cultural interoperability in the Web3 ecosystem through a token and point system. Mocaverse NFT holders will be provided with various functions from perspectives such as education, gaming, and development, and will secure utility by being linked with various projects within the ecosystem. Moca ID is an identity verification technology using blockchain technology, and users can receive various rewards provided by the project through this function based on the point and reputation system. The digital asset MOCA is used for platform usage fees, payment methods, staking, and governance. > Website: Moca Network Official Website > X (formerly Twitter): Moca Network Official X > Whitepaper: Moca Network Official Whitepaper ✽ If the digital asset is not displayed on the 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 Warning
• 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 are also 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 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 that can result in the loss of all or part of the investment.

*This information is automatically generated.

Exchange Announcement Bot
@bot_fomoWe'll announcements out faster than anyone else!

![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)

![Trump ally Myron, a Fed governor, resigns White House post…pushing for rate cuts until Warsh arrives? [Fed Watch]](https://media.bloomingbit.io/PROD/news/75fa6df8-a2d5-495e-aa9d-0a367358164c.webp?w=250)