[Upbit] Announcement of New Trading Support for KernelDAO (KERNEL) (BTC, USDT Market)

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.

| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |

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

| KernelDAO (KERNEL) | BTC, USDT | Ethereum | Within 2 hours from the time of notice | Scheduled for May 23, 15:00 |

* 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 Trading restriction prices are determined based on prices 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 2 hours after trading support begins. - Please check the table below for the previous day's closing price and recent market price.

| Digital Asset | Previous Day's Closing Price | Recent Market Price (as of May 23, 11:30) |

| KERNEL | 0.00000152 BTC | 0.00000154 BTC |

| KERNEL |

| KERNEL |

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

| 0.1688 USDT | 0.1723 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 (KERNEL-Ethereum). Be sure to check the network before depositing. - The contract address for KERNEL supported by Upbit is [0x3f80b1c54ae920be41a77f8b902259d48cf24ccf](https://etherscan.io/address/0x3f80b1c54ae920be41a77f8b902259d48cf24ccf). Please check the contract address when proceeding with KERNEL 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 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 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, a request for clarification of the source of funds may be made. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~KERNEL (KernelDAO)\~\~ > KernelDAO is a project that provides restaking infrastructure, offering three services: Kernel, Kelp, and Gain. Kernel is a protocol that provides restaking services on the BNB Chain, offering BNB LRT (Liquid Restaking Token) and BTC LRT restaking opportunities. Kelp is an Ethereum restaking protocol that provides services on the Ethereum chain. Gain is a vault-type smart contract that operates deposited ETH, rsETH, and LST. KERNEL is used for governance, restaking, and slashing insurance. > Homepage: [KernelDAO Official Homepage](https://kerneldao.com/) > X (formerly Twitter): [KernelDAO Official X](https://x.com/kernel_dao) > Whitepaper: [KernelDAO Official Whitepaper](https://kerneldao.gitbook.io/kernel) ✽ 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 also attributable to the investor. Please carefully review the project's 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 see 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 and may result in the loss of all or part of the investment.

*This information is automatically generated.