Exchange Announcement
[Upbit] Notice on New Listing Support for Lagrange (LA) (BTC, USDT markets)
Summary
- Upbit announced that it will start supporting new trading for Lagrange (LA) in the BTC and USDT markets at 19:00 on June 5.
- Lagrange (LA) is based on the Ethereum network and will be used for staking, governance participation, and network fees.
- Digital asset investment carries high price volatility and regulatory risks, so investors must review project disclosures and check price differences before investing.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
We are pleased to announce support for trading a new digital asset as follows.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |
|----------|-----------|----------|---------------------|--------------|
| Lagrange (LA) | BTC, USDT | Ethereum | Within 2 hours from the time this announcement is posted | Scheduled for June 5, 19:00 |
* Please make sure to check the network before making a digital asset deposit. Deposits and withdrawals via networks other than the specified network are not supported. * If sufficient liquidity is not secured after deposit/withdrawal service opens, the start of trading support may be postponed. ### ※ Notice on Trading Restrictions The trading restriction prices are determined based on the prices provided by CoinMarketCap. - Buy restriction: Buy orders will be restricted for approximately 5 minutes after trading support begins. - Minimum sell restriction: Sell orders at 10% or more below the previous day's closing price will be restricted for about 5 minutes after trading support begins. - Order type restriction: All order types except limit orders will be restricted for approximately 2 hours after trading support begins. - Please refer to the table below for the previous closing price and recent price.
| Digital Asset | Previous Closing Price | Recent Price (as of June 5, 15:40) |
| LA | 0.00000805 BTC | 0.00001365 BTC |
| LA |
|-------------|----------------|--------------------------|
| 0.8445 USDT | 1.42 USDT |
※ Deposit Precautions Deposits that cannot be reflected may take a long time to return, so please check the precautions carefully - Deposit/withdrawal is only supported via the designated network (LA-Ethereum). Make sure to check the network before depositing. - The contract address for LA supported by Upbit is [0x0fc2a55d5BD13033f1ee0cdd11f60F7eFe66f467](https://etherscan.io/token/0x0fc2a55d5BD13033f1ee0cdd11f60F7eFe66f467). Please check the contract address when conducting LA deposits and withdrawals. - To comply with Travel Rule, if assets are deposited into Upbit from an exchange not included in the [List of VASP allowed for deposit/withdrawal](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), reflection is not possible and the return procedure may take a long time. - Deposits and withdrawals can only be made with personal wallet addresses for which 'Ownership Verification' has been completed. Even when depositing from a linked personal wallet, deposits may need to be refunded depending on the network of the asset. - If a large amount of digital assets is deposited and the source is unclear, you may be asked to explain the source of funds. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~LA (Lagrange)\~\~ > Lagrange is a network infrastructure that generates Zero-Knowledge Proofs (ZKP). To enhance scalability and efficiency, it adopts a structure called 'Prover Network', and this network consists of nodes called Prover which are responsible for generating proofs by various participants. The virtual asset LA is used for staking, governance participation, network fee payments, and more. > Website : [Lagrange Official Website](https://www.lagrange.dev/) > X (formerly Twitter) : [Lagrange Official X](https://x.com/lagrangedev) > Whitepaper : [Lagrange Official Whitepaper](https://docs.lagrange.dev/) ✽ If this digital asset cannot be viewed on PC, please refresh (F5) and check again. ✽ If it cannot be viewed in the Upbit App, go to More > Screen Settings > Refresh Coin Info and check again.
Investment Risk Notice
• Digital asset investment is exposed to rapid price fluctuations due to speculative demand and domestic/overseas regulatory environment changes. The responsibility for investment decisions in this digital asset belongs to the investor, and any possible losses are also borne by the investor. Please thoroughly review the project website and disclosure materials and fully understand the characteristics of the digital asset before making any trades.
• Due to the characteristics of digital asset trading, price differences between domestic and foreign exchanges occur continuously. Be sure to check the price differences with global exchanges before investing in digital assets.
• Upbit has implemented minimum order amount limits and other measures to provide a stable trading environment. However, in overheated market conditions, some members may see order stabilization messages. This is an inevitable measure to process orders submitted first and ensure a stable service, so please keep this in mind.
※ Virtual assets are high-risk products that may result in partial or total loss of investment.

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