Exchange Announcement
[Upbit] New Listing of KAITO (KRW, BTC, USDT Markets)
Summary
- Upbit announced that it will support trading of KAITO digital asset on KRW, BTC, USDT markets starting from 3:00 PM on March 5th.
- KAITO is an AI-based virtual asset data platform that aims to create a structure where the value of information is determined by participants.
- Digital asset investments may be subject to significant price fluctuations, so investors need to be aware of this and trade carefully.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
We would like to inform you about the new digital asset listing as follows.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Start Time |
|------------|----------------|------|---------------------|--------------|
| KAITO | KRW, BTC, USDT | Base | Within 2 hours from the posting time | March 5th, 3:00 PM (expected) |
* Please make sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the specified network are not supported. * The withdrawal fee for KAITO digital asset will be provided free of charge for approximately 24 hours after the deposit/withdrawal begins, and fees will be charged from the point after 24 hours have elapsed. ### ※ Trading Restriction Notice Trading restriction prices are determined based on the prices provided by CoinMarketCap. - Buy Restriction: Buy orders will be restricted for approximately 5 minutes after trading support begins. - Minimum Sell Price Restriction: For approximately 5 minutes after trading support begins, sell orders below 10% of the previous day's closing price will be restricted. - Order Type Restriction: For approximately 1 hour after trading support begins, all types of orders except limit orders will be restricted. - Please check the previous day's closing price and recent price through the table below.
| Digital Asset | Previous Day's Closing Price | Recent Price (As of March 5th, 11:40 AM) |
| KAITO | 2,264.68 KRW | 2,163.08 KRW |
| KAITO |
| KAITO |
|----------------|----------------|--------------------------|
| 0.00001844 BTC | 0.00001702 BTC |
| 1.55 USDT | 1.48 USDT |
※ Deposit Precautions Deposits that cannot be processed may take a long time for the return procedure, so please check the precautions carefully - Deposits and withdrawals are only supported through the specified network (KAITO-Base). Please make sure to check the network before depositing. - For Travel Rule compliance, if assets are deposited to Upbit through exchanges not included in the [List of Virtual Asset Service Providers Available for Deposits and Withdrawals](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), the deposit cannot be processed, and unprocessed deposits may take a long time for the return procedure. - Deposits and withdrawals are only possible through personal wallet addresses that have completed 'Ownership Verification', and even deposits through linked personal wallets may need to be returned depending on the network of the asset. - When depositing large amounts of digital assets with unclear sources, you may be asked to explain the source of funds. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~KAITO (KAITO)\~\~ > KAITO is an AI-based virtual asset data platform that aims to build an InfoFi network where the value of information is determined by participants, rather than a structure where centralized platforms have significant profits and authority. Through its own platform and point system-based leaderboards, launchpads, etc., KAITO aims to create an open market where creators and consumers become the center of the market, determining which brands or topics are worth attention, and receiving fair rewards according to their level of participation, thereby establishing a more fair, transparent, and efficient information distribution channel. The virtual asset KAITO is used as the key currency of the KAITO ecosystem for staking and governance. > Website: [KAITO Official Website](https://www.kaito.ai/) > X(formerly Twitter): [KAITO Official X](https://x.com/KaitoAI) > Whitepaper: [KAITO Official Whitepaper](https://docs.kaito.ai/) ✽ If the digital asset is not visible on PC, please refresh (F5) and check again. ✽ If the digital asset is not visible on the Upbit App, please click More > Screen Settings > Refresh Coin Information and check again.
Investment Risk Notice
• Digital asset investments may be exposed to rapid price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for investment decisions regarding this digital asset lies with the individual, and any potential losses will also be attributed to the investor. We urge you to carefully review the project's website and disclosure materials, fully understand the characteristics of the digital asset, and trade with caution.
• Due to the nature of digital asset trading, price differences between domestic and international exchanges continue to occur. Please be aware of 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. However, due to overheated investment conditions, some members may see order stabilization messages. This is an unavoidable measure to process orders from members who placed orders first and to provide stable service, so please be aware of this.
※ Virtual assets are high-risk products that may result in the loss of all or part of your investment.

*This information is automatically generated.

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