Exchange Announcement

[Upbit] Notice of New Listing Support for Babylon (BABY) (BTC, USDT Market)

Source
Exchange Announcement Bot

Summary

  • Upbit announced it will begin supporting new trading for Babylon (BABY) in the BTC and USDT markets starting July 10, 16:00.
  • Babylon (Babylon) is a Layer 1 blockchain that supports native staking on the Bitcoin network, with BABY used for network fees, staking, governance, and rewards.
  • Deposits and withdrawals of BABY are only supported via the Babylon Genesis network, and investors are urged to carefully check the network, be aware of price fluctuations, and follow the deposit guidelines.

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

We are pleased to announce the support for a new digital asset listing as follows.

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

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

| Babylon (BABY) | BTC, USDT | Babylon Genesis | Within 3 hours from the announcement posting | Scheduled for July 10, 16:00 |

* Please be sure to check the network before depositing digital assets. Deposits and withdrawals via networks other than those shown are not supported. ### ※ Trading Restrictions Notice Transaction limit prices will be determined based on the rates provided by CoinMarketCap. - Buy Limit: Buy orders will be restricted for approximately 5 minutes after trading support begins. - Minimum Sell Restriction: Sell orders at prices more than 10% 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 about 2 hours after trading support begins. - Please check the table below for the previous day's closing price and recent price.

| Digital Asset | Previous Day Closing Price | Recent Price (as of July 10, 12:00) |

| BABY | 0.00000041 BTC | 0.00000042 BTC |

| BABY |

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

| 0.0449 USDT | 0.0475 USDT |

※ Deposit Notice Deposits that cannot be processed may take a long time to return, so please carefully review the deposit instructions - Deposits and withdrawals are only supported via the designated network (BABY-Babylon Genesis). Please be sure to check the network before depositing. - To comply with the Travel Rule, if assets are deposited to Upbit from exchanges not included on the List of Virtual Asset Service Providers Eligible for Deposits and Withdrawals, the deposit cannot be processed, and the return procedure may take a long time. - Deposits and withdrawals are only available for personal wallet addresses that have completed 'Proof of Ownership.' Even for deposits via linked personal wallets, returns may be processed depending on the network of the asset. - If there is a large deposit of digital assets from an unclear source, proof of funds may be requested. (Article 17, Paragraph 8 of the Terms of Use) ### ※ Additional Digital Asset \~\~BABY (Babylon)\~\~ > Babylon is an infrastructure and Layer 1 blockchain that has the largest market capitalization among BTC-supported projects, enabling native staking of BTC on the Bitcoin network. Through these services, Babylon offers BTC holders greater utility beyond simply holding assets, and supports Proof-of-Stake blockchains in enhancing security using BTC. BABY is the native coin of Babylon Layer 1 and is used for network fees, staking, governance, rewards, and more. > Homepage : [Official Babylon Homepage](https://babylonlabs.io/) > X (formerly Twitter): [Official Babylon X](https://x.com/babylonlabs_io) > Whitepaper : [Official Babylon Whitepaper](https://docs.babylonlabs.io/papers/btc_staking_litepaper(EN).pdf) ✽ If you are unable to view this digital asset on PC, please refresh the page (F5) and check again. ✽ If you are unable to view this digital asset on the Upbit app, please go to More > Display Settings > Refresh Coin Information and check again.

Investment Risk Notice

• Investing in digital assets can be subject to rapid price fluctuations due to speculative demand and changes in domestic and international regulatory environments. Responsibility for investment decisions regarding this digital asset rests with the investor, and any potential losses are also borne by the investor. Please carefully review the project homepage and disclosure documents, fully understand the characteristics of the digital asset, and trade conscientiously.

• Due to the characteristics of digital asset trading, price gaps between domestic and global exchanges occur continuously. Please pay close attention to the price differences with global exchanges before investing in digital assets.

• Upbit takes various measures such as setting a minimum order amount to create a stable trading environment, but some users may encounter order stabilization messages due to overheated trading environments. This is an unavoidable measure to process orders placed by previous users first and to ensure 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 your investment.

*This information is generated automatically.

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