Exchange Announcement

[Upbit] Sophon (SOPH) New Trading Support Announcement (KRW, BTC, USDT Market)

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Exchange Announcement Bot

Summary

  • Upbit announces new trading support for Sophon (SOPH) in the KRW, BTC, and USDT markets, with the trading support timing to be announced after sufficient liquidity is secured.
  • Sophon (SOPH) is a blockchain designed on the ZK stack, used for staking, governance participation, utility, and transaction fee payment.
  • Digital asset trading may be exposed to rapid price fluctuations, and investors are advised to trade 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.

It is expected that securing sufficient liquidity for stable trading support of Sophon (SOPH) will take some time. Therefore, Upbit will provide additional guidance on the trading support timing through this announcement once sufficient liquidity is secured within the exchange.

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

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

| Sophon (SOPH) | KRW, BTC, USDT | Sophon Chain | To be announced | To be announced |

* Sophon (SOPH) supports deposits and withdrawals through the Sophon Chain network. * Please note that all SOPH deposits before the reference price is registered on CoinMarketCap or before Upbit SOPH trading support, regardless of whether the conversion amount exceeds 1 million won, are subject to Travel Rule verification. * 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 - 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 notice before the trading support start time. - Order Type Restriction: All types of orders except limit orders will be restricted for about 2 hours after trading support. ### ※ Deposit Precautions Deposits that cannot reflect the precautions may take a long time for the return process, so please check the precautions carefully. - Deposits and withdrawals are only supported through the announced network (SOPH-Sophon Chain). 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](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 a personal wallet address that has completed 'ownership verification', and even if it is a deposit through a linked personal wallet, it may need to be returned depending on the network of the asset. - For large deposits of digital assets with unclear sources, an explanation of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~SOPH (Sophon)\~\~ > Sophon (Sophon) is a consumer-centric blockchain built on the ZK stack. It adopts the ElasticChain structure of ZK Sync to inherit Ethereum's security while ensuring interoperability with various ZK chains. The Sophon Chain is designed around key components of the ZK stack, such as the ZK Router and ZK Gateway. The virtual asset SOPH is used for staking, governance participation, utility, and transaction fee payment. > Homepage: [Sophon Official Homepage](https://sophon.xyz/) > X (formerly Twitter): [Sophon Official X](https://x.com/sophon) > Whitepaper: [Sophon Official Whitepaper](https://docs.sophon.xyz/welcome) ✽ 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 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. However, 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 may result in the loss of all or part of your investment.

*This information is automatically generated.

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