Exchange Announcement

[Upbit] Notice on New Trading Support for Lagrange (LA) (BTC, USDT Market) (Notice on Delay of Trading Support Start Time)

Source
Exchange Announcement Bot

Summary

  • Upbit announced that the start of trading support for Lagrange (LA) will be postponed until after sufficient liquidity is secured.
  • LA will be listed on the BTC, USDT markets, and deposits/withdrawals will only be supported via the Ethereum network.
  • LA can be used for staking, governance, and network fees. Upbit emphasized that this is a high-risk asset, so investors should make prudent decisions.

Update Date: 2025-06-05 18:41

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

We would like to inform you that the start time for trading support of Lagrange (LA) has unfortunately been postponed.

To provide a more stable trading environment, trading support will commence only after sufficient liquidity is secured. The revised schedule will be announced again through this notice.

We kindly ask for your understanding.

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.

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

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

| Lagrange (LA) | BTC, USDT | Ethereum | Within 2 hours from the time of notice | Scheduled for June 5, 19:00 |

  • Please make sure to check the network before depositing digital assets. Deposits and withdrawals via networks other than the ones indicated above are not supported. * If sufficient liquidity is not secured after the start of deposit/withdrawal services, the trading support start time may be postponed. ### ※ Trade Restrictions Notice The trading restriction price is determined based on prices provided by CoinMarketCap. - Buy Order Limitation: For about 5 minutes after trading support, buy orders will be restricted. - Minimum Sell Order Limitation: For about 5 minutes after trading support, sell orders at prices lower than 10% below the previous day’s closing price will be restricted. - Order Type Limitation: For about 2 hours after trading support, all order types except limit orders will be restricted. - Please refer to the table below for the previous day's closing price and the latest prices.

| Digital Asset | Previous Day Closing Price | Latest 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 be returned, so please carefully check the precautions - Only deposits and withdrawals via the indicated network (LA-Ethereum) are supported. Please be sure to check the network before depositing. - The contract address for LA supported on Upbit is 0x0fc2a55d5BD13033f1ee0cdd11f60F7eFe66f467. Please verify the contract address when making LA deposits and withdrawals. - To comply with the travel rule, if assets are deposited to Upbit from exchanges not included in the List of Virtual Asset Service Providers Eligible for Deposit/Withdrawal, such deposits cannot be processed, and the return process may take a long time. - Only personal wallet addresses verified as “owned by the user” may be used for deposits and withdrawals; even for deposits via a linked personal wallet, return processing may be required depending on the network of the asset. - In case of a deposit of large digital assets with unclear origin, you may be requested to provide evidence regarding the source of funds. (Terms of Use Article 17, Clause 8) ### ※ Additional Digital Asset ~~LA (Lagrange)~~ > Lagrange (Lagrange) is a network infrastructure that generates zero-knowledge proofs (ZKP). To enhance scalability and efficiency, it has adopted the Prover Network structure, and this network is composed of provers (Prover), which are nodes responsible for generating proofs by various participants. The LA digital asset can be used for staking, participation in governance, network fee payments, and more. > Homepage: Official Lagrange Website > X (formerly Twitter): Official Lagrange X > White Paper: Official Lagrange White Paper ✽ If this digital asset is not displayed on PC, please refresh (F5) and check again. ✽ If this digital asset is not displayed on the Upbit App, go to More > Screen Settings > Refresh Coin Information, then check again.

Investment Risk Notice

• Investment in digital assets may be exposed to sudden price volatility due to speculative demand and changes in domestic and international regulatory environments. The responsibility for the investment decisions regarding this digital asset lies with the investor, and any potential losses will also be incurred by the investor. Please thoroughly review the project homepage and public materials to fully understand the characteristics of this digital asset, and exercise caution in trading.

• Due to the nature of digital asset trading, price differences between domestic and overseas exchanges occur continuously. Please be sure to check the global price difference before investing in digital assets.

• Upbit implements various measures such as minimum order amount restrictions to maintain a stable trading environment. However, under overheated investment conditions, some users may see an order stabilization message. This is due to processing earlier orders for other users and is an unavoidable measure for service stability, so please be aware of this.

※ Virtual assets are high-risk products and may cause a complete or partial loss of investment principal.

This information is generated automatically.

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