Exchange Announcement

[Upbit] Announcement of New Trading Support for Sophon (SOPH) (KRW, BTC, USDT Markets) (Trading Support Start Time and Minimum Sell Price Guide)

Source
Exchange Announcement Bot

Summary

  • Upbit announced that it will start trading support for Sophon (SOPH) from 22:00 on May 28, 2025.
  • The minimum sell price is set at 114.75 KRW in the KRW market, 0.00000077 BTC in the BTC market, and 0.08384 USDT in the USDT market.
  • Sophon is a blockchain based on the ZK stack with various interoperability, and investors are advised to be cautious of rapid price fluctuations.

> Update Date: 2025-05-28 21:40

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

We are pleased to announce the start time for trading support and the minimum sell price for Sophon (SOPH).

[Sophon (SOPH) Trading Support Start Time Guide]

  • Target Market: KRW-SOPH, BTC-SOPH, USDT-SOPH

  • Trading Support Start Time: Scheduled for 2025-05-28 22:00 KST

*If there are any changes to the trading support time, we will provide additional guidance through this announcement.

*Please note that price differences between other exchanges and Upbit may occur depending on the deposit and withdrawal support between exchanges after the start of trading support.

[Sophon (SOPH) Minimum Sell Price Guide]

  • Sophon (SOPH) Minimum Sell Price Guide

  • KRW Market: 114.75 KRW

  • BTC Market: 0.00000077 BTC

  • USDT Market: 0.08384 USDT

  • For approximately 5 minutes after the start of trading support, sell orders below -10% of the above reference price will be restricted.

*For other trading restrictions, please refer to the announcement text below.

Thank you.


> Update Date: 2025-05-28 17:30

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

We are starting the deposit and withdrawal services for Sophon (SOPH).

Please refer to the following information for deposit and withdrawal precautions.

[Deposit and Withdrawal Precautions]

  • Deposits and withdrawals are supported only through the specified network (Sophon Chain). Please check the network before depositing.

  • All deposits before the reference price is registered on CoinMarketCap or before the Upbit trading support time, regardless of whether the converted amount exceeds 1 million KRW, will be subject to Travel Rule verification.

Additionally, we are currently holding a Sophon (SOPH) quiz event, and we encourage your interest and participation.

  • Reference: [Sophon (SOPH) Quiz Event: Study the essential information about the project that SOPH tells you and receive tokens!](https://upbit.com/service_center/notice?id=5178)

Thank you.


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

We are pleased to announce the 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 time 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. * All SOPH deposits before the reference price is registered on CoinMarketCap or before the Upbit SOPH trading support time, regardless of whether the converted amount exceeds 1 million KRW, will be subject to Travel Rule verification. * Please be sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the specified network are not supported. ### ※ Trading Restrictions - Purchase Restriction: Purchase orders will be restricted for approximately 5 minutes after the start of trading support. - Minimum Sell Restriction: The reference price for minimum sell restriction will be announced through this announcement before the start of trading support. - Order Type Restriction: All types of orders except limit orders will be restricted for approximately 2 hours after the start of 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 supported only through the specified 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 possible only to personal wallet addresses that have completed 'Ownership Verification', and even if deposits are made through linked personal wallets, they 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 \~\~SOPH (Sophon)\~\~ > Sophon (Sophon) is a consumer-centric blockchain built on the ZK stack. It adopts the ElasticChain structure of ZK Sync, inheriting 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 payments. > 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 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 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 continue to occur. 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 that can result in the loss of all or part of the investment.

*This information is automatically generated.

publisher img

Exchange Announcement Bot

@bot_fomoWe'll announcements out faster than anyone else!
What did you think of the article you just read?