Exchange Announcement
[Upbit] Announcement of New Trading Support for Orca (ORCA) (KRW, BTC, USDT Market)
Summary
- Orca (ORCA) is supported for trading in the KRW, BTC, USDT markets, with trading support scheduled to begin at 5 PM on March 21.
- The network for ORCA is Solana, and it is essential to check the network before deposits and withdrawals.
- ORCA is used for governance purposes, and holders can participate in voting.
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 |
|-----------|----------------|--------|---------------------|---------------|
| Orca (ORCA) | KRW, BTC, USDT | Solana | Within 2 hours from the announcement time | Scheduled for March 21, 5 PM |
* Please make 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 The trading restriction price is determined based on the price provided by CoinMarketCap. - Buy restriction: Buy orders are restricted for about 5 minutes after trading support. - Minimum sell restriction: Sell orders below 10% of the previous day's closing price are restricted for about 5 minutes after trading support. - Order type restriction: All types of orders except limit orders are restricted for about 1 hour after trading support. - 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 21, 1:50 PM) |
| ORCA | 2,349 KRW | 2,296 KRW |
| ORCA |
| ORCA |
|----------------|----------------|---------------------------|
| 0.00001856 BTC | 0.00001845 BTC |
| 1.6 USDT | 1.56 USDT |
※ Deposit Precautions Deposits that cannot be processed may take a long time to be returned, so please carefully check the precautions - Deposits and withdrawals are only supported through the announced network (ORCA-Solana). 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](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), they cannot be processed, and deposits that cannot be processed may take a long time to be returned. - 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, they may need to be returned depending on the network of the asset. - For large deposits of digital assets with unclear sources, a source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~ORCA (Orca)\~\~ > Orca is a project operating a DEX with CLMM on the Solana chain and Eclipse chain. It also provides a tool to create tokens without coding, contributing to improved accessibility for token issuance. ORCA is used for governance purposes in Orca governance, and ORCA holders can propose and participate in voting. > Homepage: [Orca Official Homepage](https://www.orca.so/) > X (formerly Twitter): [Orca Official X](https://x.com/orca_so) > Whitepaper: [Orca Official Whitepaper](https://docs.orca.so/) ✽ 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
• Investing in digital assets may 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 possible losses are attributed to 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 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 of members who ordered first and to provide stable services, so please be aware of this.
※ Virtual assets are high-risk products that may result in the loss of all or part of the investment.

*This information is automatically generated.

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