Exchange Announcement

[Upbit] Announcement of New Trading Support for Pudgy Penguins (PENGU) (KRW, BTC, USDT Market)

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Exchange Announcement Bot

Summary

  • Upbit announced that it will support new trading for Pudgy Penguins (PENGU) in the KRW, BTC, and USDT markets.
  • The PENGU token aims for community-based ecosystem growth, with expectations for urgent use case expansion.
  • They advised caution regarding price fluctuations and regulatory environment changes when investing in digital assets.

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 Start Time | Trading Support Start Time |

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

| Pudgy Penguins (PENGU) | KRW, BTC, USDT | Solana | Within 2 hours from the announcement time | Scheduled for May 9th, 18:00 |

* 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 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% 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 2 hours after trading support begins. - 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 May 9th, 14:50) |

| PENGU | 19.17 KRW | 19.34 KRW |

| PENGU |

| PENGU |

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

| 0.00000013 BTC | 0.00000013 BTC |

| 0.01372 USDT | 0.01377 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 (PENGU-Solana). Be sure to check the network before depositing. - The contract address of PENGU supported by Upbit is [2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv](https://solscan.io/token/2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv). Please check the contract address when proceeding with PENGU deposits and withdrawals. - For compliance with the Travel Rule, if assets are deposited to Upbit through an exchange not included in the [list of virtual asset business operators that allow deposits and withdrawals](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 to personal wallet addresses that have completed 'ownership verification', and even if deposits are made through linked personal wallets, deposit returns may need to be processed depending on the network of the asset. - If a large amount of digital assets with unclear sources is deposited, a request for clarification of the source of funds may be made. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~PENGU (Pudgy Penguins)\~\~ > Pudgy Penguins is a representative PFP NFT collection with penguin images, collaborating with various companies using its own IP, engaging in activities such as toy production and sales, building recognition not only in the Web3 market but also in the Web2 market. The PENGU token is a fungible token issued by the Pudgy Penguins team to solve the low scalability issue of the limited NFT collection and increase community participation. Although the PENGU token is a meme coin with no inherent token utility, it is expected that its use cases will expand as the community-centered ecosystem grows. > Website: [Pudgy Penguins Official Website](https://www.pudgypenguins.com/) > X (formerly Twitter): [Pudgy Penguins Official X](https://x.com/pudgypenguins) > Whitepaper: [Pudgy Penguins Official Whitepaper](https://www.pudgypenguins.com/pengu) ✽ 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 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 attributable to the investor. Please carefully consider the characteristics of digital assets by thoroughly reviewing the project website and disclosure materials, 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 see order stabilization messages. This is an unavoidable measure to process orders from members who ordered first and to provide stable service, 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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