Exchange Announcement
[Upbit] WalletConnect (WCT) New Trading Support Announcement (KRW, BTC, USDT Market)
Summary
- Upbit announced the new listing of WalletConnect (WCT) in the KRW, BTC, and USDT markets.
- Users must deposit and withdraw WCT through the Optimism network, and transactions through other networks are not supported.
- WCT is used for governance and staking purposes, and users are advised to be aware of trading restrictions and invest cautiously.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
We are pleased to announce new digital asset trading support as follows.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |
|------------|----------------|----------|---------------------|---------------|
| WalletConnect (WCT) | KRW, BTC, USDT | Optimism | Within 2 hours from the time of announcement | Scheduled for April 16, 18:00 |
* Please be sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than those announced are not supported. ### ※ Trading Restriction 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 begins. - Minimum sell restriction: Sell orders at prices 10% or more below the previous day's closing price are restricted for about 5 minutes after trading support begins. - Order type restriction: All types of orders except limit orders are restricted for about 1 hour after trading support begins. - Please check the previous day's closing price and recent market price in the table below.
| Digital Asset | Previous Day's Closing Price | Recent Market Price (as of April 16, 14:30) |
| WCT | 483.9 KRW | 456.9 KRW |
| WCT |
| WCT |
|----------------|----------------|---------------------------|
| 0.00000398 BTC | 0.00000385 BTC |
| 0.3392 USDT | 0.3207 USDT |
※ Deposit Precautions Deposits that cannot be reflected may take a long time to return, so please carefully check the precautions - Deposits and withdrawals are only supported through the announced network (WCT-Optimism). 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 Business Operators Eligible for Deposit/Withdrawal](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), they cannot be reflected, and deposits that cannot be reflected may take a long time to return. - 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, 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, an explanation of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~WCT (WalletConnect)\~\~ > WalletConnect is a protocol that connects blockchain wallets and dApps. It aims to improve the user experience on-chain by linking wallets and applications based on the WalletConnect network, which is a database. WalletConnect uses Service Nodes and Gateway Nodes for network operation. WCT is used for governance and staking purposes. > Homepage: [WalletConnect Official Homepage](https://walletconnect.network/) > X (formerly Twitter): [WalletConnect Official X](https://x.com/WalletConnect) > Whitepaper: [WalletConnect Official Whitepaper](https://whitepaper.walletconnect.network/WalletConnect%20Whitepaper.pdf) ✽ 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 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 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 that may result in the loss of all or part of the investment.

*This information is automatically generated.

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