Exchange Announcement

[Upbit] DeepBook (DEEP) KRW Market Digital Asset Addition

Source
Exchange Announcement Bot

Summary

  • Upbit announced that it will add the DeepBook (DEEP) digital asset to the KRW market starting April 22, 2025.
  • DEEP aims to integrate DeFi liquidity within the Sui ecosystem and is used for purposes such as fees and staking incentives.
  • With this addition, Upbit users may face restrictions on buying and various orders at the start of trading, so caution is needed regarding trading restrictions and price fluctuations.

Hello. This is Upbit, the most trusted global standard digital asset exchange.

On April 22, 2025, the following digital asset will be added to the KRW market on Upbit.

| Digital Asset | Market | Network | Trading Support Start Time |

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

| DeepBook (DEEP) | KRW | Sui | Scheduled for April 22, 14:30 |

* Please ensure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the specified network are not supported. ### ※ Trading Restriction Notice The trading restriction price is determined based on the price provided by the BTC market on Upbit. - Buy restriction: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum sell restriction: Sell orders at prices below 10% of the previous day's closing price will be restricted for about 5 minutes after trading support begins. - Order type restriction: All types of orders except limit orders will be restricted for about 1 hour after trading support begins. - Please check the previous day's closing price through the table below.

| Digital Asset | Previous Day's Closing Price in BTC Market |

| DEEP | 0.00000103 BTC (130.8 KRW) |

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

※ 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 specified network (DEEP-Sui). Please check the network before depositing. - The contract address for DEEP supported by Upbit is [0xdeeb7a4662eec9f2f3def03fb937a663dddaa2e215b8078a284d026b7946c270::deep::DEEP](https://www.suiscan.xyz/mainnet/coin/0xdeeb7a4662eec9f2f3def03fb937a663dddaa2e215b8078a284d026b7946c270::deep::DEEP/txs). Please check the contract address when proceeding with DEEP deposits and withdrawals. - 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 reflected, and deposits that cannot be reflected may take a long time for the return process. - 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. - For large deposits of digital assets with unclear sources, a statement of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~DEEP (DeepBook)\~\~ > DeepBook is a native liquidity layer built to integrate liquidity within the DeFi protocol of the Sui ecosystem, providing integrated liquidity at the blockchain infrastructure level. DeepBook aims to support more efficient liquidity management across the Sui DeFi ecosystem, encompassing professional traders and DeFi protocols, while addressing the issue of liquidity fragmentation. The virtual asset DEEP is used for purposes such as fees, staking incentives, and governance. > Homepage: [DeepBook Official Homepage](https://deepbook.tech/) > X (formerly Twitter): [DeepBook Official X](https://x.com/DeepBookonSui) > Whitepaper: [DeepBook Official Whitepaper](https://docs.sui.io/standards/deepbook) ✽ 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

• 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, there are continuous price differences between domestic and international exchanges. Please be aware of 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. However, 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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