Exchange Announcement

[Upbit] Announcement of New Trading Support for Walrus (WAL) (KRW, BTC, USDT Markets) (Trading Support Start Time and Minimum Selling Price Guide)

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Exchange Announcement Bot

Summary

  • Trading support for Walrus (WAL) is scheduled to begin on March 28, 2025, in the KRW, BTC, and USDT markets.
  • Initially, there will be a minimum selling price restriction, and all orders except limit orders will be restricted for about 1 hour after trading support.
  • Deposits and withdrawals are only possible through the Sui network, and attention should be paid to price differences between global exchanges.

Update Date: 2025-03-28 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 Walrus (WAL).

[Walrus (WAL) Trading Support Start Time Guide]

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

  • Trading Support Start Time: Scheduled for 2025-03-28 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 Upbit and other exchanges depending on the deposit and withdrawal support between exchanges after the start of trading support.

[Walrus (WAL) Minimum Selling Price Guide]

  • Walrus (WAL) Minimum Selling Price Guide

  • KRW Market: 769 KRW

  • BTC Market: 0.00000602 BTC

  • USDT Market: 0.5243 USDT

  • For about 5 minutes after trading support, sell orders below -10% of the above reference 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 it will take some time to secure sufficient liquidity for stable trading support of Walrus (WAL). 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 |

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

| 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 the Upbit WAL trading support time will be subject to Travel Rule verification, regardless of whether the converted amount exceeds 1 million KRW. * 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 trading support. - Minimum Selling Price Restriction: The reference 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 trading support. ### ※ Deposit Precautions Deposits that cannot reflect the precautions may take a long time to return, so please carefully check the precautions. - Deposits and withdrawals are only supported through the announced network (WAL-Sui). 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, they cannot be reflected, and deposits that cannot be reflected may take a long time to return. - Deposits and withdrawals can only be made to a personal wallet address that has completed 'Ownership Verification', and even if deposits are made through a linked personal wallet, deposits may need to be returned depending on the network of the asset. - If a large amount of digital assets with unclear sources is deposited, a statement 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 uses Erasure Coding, a data replication and damage recovery method designed to enhance the efficiency of data storage space, to divide Unstructured Data Blobs into small Slivers that can be stored in the storage node network. This allows Walrus to provide 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 for platform payment currency, security contribution, governance, etc. > Homepage: Walrus Official Homepage > X (formerly Twitter): Walrus Official X > Whitepaper: Walrus 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 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 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.

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