[Upbit] Announcement on New Trading Support for Solayer (LAYER) (KRW, BTC, USDT Markets) (Trading Support Start Time and Minimum Selling Price Guide)

Update Date: 2025-02-12 08:30

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

We are pleased to announce the start time for trading support and the minimum selling price for Solayer (LAYER).

[Solayer (LAYER) Trading Support Start Time Guide]

• Target Markets: KRW-LAYER, BTC-LAYER, USDT-LAYER

• Trading Support Start Time: Scheduled for 2025-02-12 09:00 KST

• If there is any change in the trading support time, we will provide additional guidance through this announcement.

• Please note that there may be a price difference between other exchanges and Upbit depending on the support for deposits and withdrawals between exchanges after the start of trading support.

[Solayer (LAYER) Minimum Selling Price Guide]

• Solayer (LAYER) Minimum Selling Price Guide

• KRW Market: 1,360 KRW

• BTC Market: 0.00000977 BTC

• USDT Market: 0.9398 USDT

• For about 5 minutes after the start of trading support, sell orders below -10% of the above standard price will be restricted.

• For other trading restrictions, please refer to the main text of the announcement below.

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.

It is expected that securing sufficient liquidity for stable trading support of Solayer (LAYER) will take some time. Therefore, Upbit will provide additional guidance on the trading support time through this announcement once sufficient liquidity is secured within the exchange.

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

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

| Solayer (LAYER) | KRW, BTC, USDT | Solana | Scheduled for 21:00 on February 11 | To be announced later |

• Solayer (LAYER) supports deposits and withdrawals through the Solana network. * Please note that all LAYER deposits before the reference price is registered on CoinMarketCap or before the Upbit LAYER trading support time, regardless of whether the conversion amount exceeds 1 million KRW, are subject to Travel Rule verification. * 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 Restrictions Guide - Purchase Restriction: Purchase orders will be restricted for about 5 minutes after the start of trading support. - Minimum Selling Price Restriction: The standard price for the minimum selling price restriction will be announced through this announcement before the start of trading support. - Order Type Restriction: All types of orders except limit orders will be restricted for about 1 hour after the start of trading support. ### ※ Deposit Precautions Deposits that cannot reflect the precautions may take a long time for the return process, so please check the precautions carefully. - Deposits and withdrawals are only supported through the announced network (LAYER-Solana). Please check the network before depositing. - For the implementation of the Travel Rule, if assets are deposited into Upbit through exchanges not included in the List of Virtual Asset Service Providers with Deposit and Withdrawal Capability, they cannot be reflected, and deposits that cannot be reflected may take a long time for the return process. - 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 be necessary to process the deposit return depending on the network of the asset. - For large deposits of digital assets with unclear sources, an explanation of the source of funds may be requested. (Article 17, Paragraph 8 of the Terms of Use) ### ※ Additional Digital Asset ~~LAYER (Solayer)~~ > Solayer is a restaking network existing on Solana that improves network bandwidth for on-chain decentralized applications (dApps) by staking SOL. This is done by restaking LSTs like sSOL received from staking SOL and delegating them to decentralized applications called endoAVS (Endogenous AVS) to prioritize transactions occurring in specific dApps. > Homepage: Solayer Official Homepage > X (formerly Twitter): Solayer Official X > Whitepaper: Solayer 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 > Retrieve Coin Information and check again.

Investment Risk Warning

• 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, 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 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 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.