Exchange Announcement
[Upbit] Announcement of New Trading Support for Walrus (WAL) (KRW, BTC, USDT Market)
Summary
- Upbit announced that it will provide additional guidance on the trading support timing for Walrus (WAL) in the KRW, BTC, USDT market after securing liquidity.
- Walrus (WAL) supports deposits and withdrawals through the Sui network, and it is essential to comply with Travel Rule verification and deposit restrictions.
- Digital asset investment may be exposed to rapid price fluctuations, and caution is advised regarding price differences with global exchanges.
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.
It is expected that securing sufficient liquidity for stable trading support of Walrus (WAL) will take some time. Therefore, Upbit will provide additional guidance on the trading support timing through this announcement once sufficient liquidity is secured within the exchange.
| Digital Asset | Market | Network | Deposit Start Time | Trading Support Start Time |
|----------|----------------|------|---------------|------------|
| Walrus (WAL) | KRW, BTC, USDT | Sui | Scheduled for March 27, 19:00 | To be announced later |
* Walrus (WAL) supports deposits and withdrawals through the Sui network. * Please note that all WAL deposits before the reference price is registered on CoinMarketCap or before Upbit WAL trading support, regardless of whether the conversion amount exceeds 1 million won, 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 Notice - Purchase Restriction: Purchase orders will be restricted for about 5 minutes after trading support begins. - Minimum Sell Restriction: The standard price for minimum sell restriction will be announced through this notice before the trading support start time. - Order Type Restriction: All types of orders except limit orders will be restricted for about 1 hour after trading support begins. ### ※ Deposit Precautions Deposits that cannot be reflected may take a long time for the return process, so please carefully check the precautions. - Deposits and withdrawals are only supported through the announced network (WAL-Sui). Please check the network before depositing. - For the implementation of the Travel Rule, if assets are deposited to Upbit through an exchange not included in the [List of Virtual Asset Service Providers](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), 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 to a personal wallet address where 'ownership verification' is completed, 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. - In the case of large deposits 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 \~\~WAL (Walrus)\~\~ > Walrus (Walrus) is an innovative decentralized storage network developed to solve the problems of existing decentralized storage for blockchain apps and Autonomous Agents. Walrus utilizes Erasure Coding, a data replication and damage recovery method designed to increase the efficiency of data storage space, to divide Unstructured Data Blobs into small Slivers that can be stored in the storage node network. Through this, Walrus provides a service that enables data replication even if two-thirds of the Slivers are missing, offering the advantages of decentralization and resilience to data defects. WAL is used as a utility and governance token for Walrus, serving purposes such as platform payment currency, security contribution, and governance. > Homepage: [Walrus Official Homepage](https://www.walrus.xyz/) > X (formerly Twitter): [Walrus Official X](https://x.com/walrusprotocol) > Whitepaper: [Walrus Official Whitepaper](https://docs.walrus.site/walrus.pdf) ✽ 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 > Retrieve Coin Information and check again.
Investment Risk Notice
• Digital asset investment 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 potential losses are also 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 inevitable 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 may result in the loss of all or part of the investment.

*This information is automatically generated.

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