[Upbit] Succinct (PROVE) New Trading Support Notice (KRW, BTC, USDT Markets)

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

We are announcing new digital asset trading support as follows.

Please be sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the notified network will not be supported.

※ Trading Restrictions Notice

The trading restriction price will be determined based on prices provided by CoinMarketCap.

Buy Limit: Buy orders will be restricted for about 5 minutes after trading support begins.

Minimum Sell Limit: For about 5 minutes after trading support begins, sell orders at prices 10% or more below the previous day’s closing price will be restricted.

Order Type Restrictions: For about 2 hours after trading support begins, all order types except limit orders will be restricted.

Please check the previous day’s closing price and recent prices in the table below.

※ Deposit Precautions

Deposits that cannot be reflected may take a long time to process for return, so please carefully review the precautions.

Deposits and withdrawals are supported only through the notified network (PROVE-Ethereum). Be sure to check the network before depositing.

The contract address for PROVE supported for trading on Upbit is 0x6BEF15D938d4E72056AC92Ea4bDD0D76B1C4ad29. When depositing or withdrawing PROVE, please check the contract address.

For compliance with the Travel Rule, if assets are deposited from an exchange that is not included in the list of virtual asset service providers eligible for deposits or withdrawals, the deposit cannot be processed, and returns may also take a long time.

Deposits and withdrawals are permitted only with a personal wallet address that has completed 'ownership verification.' Even if using a linked personal wallet, returns may be necessary depending on the asset’s network.

For large digital asset deposits with unclear sources, proof of fund source may be requested. (Terms of Use Article 17, Clause 8)

※ Additional Digital Asset

PROVE (Succinct)

Succinct is a protocol that exists on Ethereum and aims to generate proofs for software worldwide. Succinct forms a decentralized marketplace between provers and requesters, providing efficient zk proof generation infrastructure, thereby aiming to overcome the limitations and drawbacks of existing zero-knowledge proof systems. The Succinct prover network mainly focuses on improving proof generation speed, ensuring developer convenience, and enhancing cost efficiency. Under the mission to 'prove the world’s software', it seeks to expand as a general-purpose zk proof infrastructure. The virtual asset PROVE is Succinct’s utility token, used for zk proof request fees, dApp staking, governance, and other purposes.

Homepage: Succinct Official Homepage

X (formerly Twitter): Succinct Official X

Whitepaper: Succinct Official Whitepaper

✽ If the digital asset does not appear on PC, please refresh the page (F5) and check again.

✽ If the digital asset does not appear on the Upbit App, go to More > Display Settings > Refresh Coin Information and check again.

Investment Risk Notice

• Digital asset investments may be subject to sudden price volatility due to speculative demand and changes in domestic and international regulatory environments. The responsibility for making investment decisions in this digital asset lies with the individual, and any losses incurred will also be borne by the investor. Please carefully review the project homepage and disclosures, fully understand the characteristics of the digital asset, 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 check for price differences with global exchanges before investing in digital assets.

• Upbit takes measures such as minimum order amount restrictions to maintain a stable trading environment, but depending on overheated market conditions, some members may see order stabilization messages. This is an unavoidable measure to process earlier orders and provide stable service, so please take note.

※ Virtual assets are high-risk products and may result in the loss of all or part of your investment.