Exchange Announcement

[Upbit] Story (IP) New Trading Support Notice (KRW, BTC, USDT Market)

Source
Exchange Announcement Bot

Summary

  • Upbit announced that it will support trading of the new digital asset Story (IP) in the KRW, BTC, and USDT markets from August 8th, 13:00.
  • Story (IP) is a layer-1 blockchain network where creations such as images, music, NFTs, and AI models can be tokenized, and the IP token is used for gas fees and staking.
  • The notice emphasizes that digital asset trading is subject to high price volatility and regulatory risks, and investors should carefully consider project information and price differences before making investment decisions.

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

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

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

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

| Story (IP) | KRW, BTC, USDT | Story | Within 1 hour and 30 minutes from the time of notice posting | Scheduled for August 8th, 13:00 |

* Please make sure to check the network before depositing any digital assets. Deposits and withdrawals through networks other than the specified network are not supported. ### ※ Trading Restriction Notice The trading restriction price will be determined based on prices provided by CoinMarketCap. - Buy restriction: Buy orders will be restricted for about 5 minutes after trading support starts. - Minimum sell restriction: Sell orders at 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 other than limit orders will be restricted for about 2 hours after trading support begins. - Please check the table below for the previous closing price and latest market price.

| Digital Asset | Previous Closing Price | Latest Price (as of August 8th, 10:50) |

| IP | 8,621 KRW | 8,658 KRW |

| IP |

| IP |

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

| 0.00005339 BTC | 0.00005348 BTC |

| 6.216 USDT | 6.25 USDT |

※ Deposit Precautions Deposits that cannot be processed may take a long time to be returned, so please carefully check the precautions. - Only deposits and withdrawals via the specified network (IP-Story) are supported. Be sure to check the network before making a deposit. - To comply with the Travel Rule, if funds are deposited to Upbit through an exchange not included in the [List of Virtual Asset Service Providers for Deposits and Withdrawals](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), the transaction cannot be processed. Such unprocessed deposits may take a long time to return. - You can only deposit or withdraw to a personal wallet address for which 'ownership verification' has been completed. Even if the deposit is made from a linked personal wallet, depending on the asset's network, it may need to be returned. - For large deposits of digital assets from unclear sources, an explanation regarding the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \~\~ IP (Story)\~\~ > Story is a layer-1 blockchain network designed for intellectual property. On Story, any type of creation such as images, music, NFTs, AI models, and more can be tokenized, with terms of use, author attribution, royalty contracts, etc., all being included directly on the blockchain for transparent and decentralized management. Through Story, creators can protect their works, facilitate collaboration on intellectual property, and create profit opportunities in the AI-driven economy. The IP token of Story is used for gas fees, validator staking, and other utilities. > Website: [Official Story Website](https://www.story.foundation/) > X (formerly Twitter): [Official Story X](https://x.com/StoryProtocol) > Whitepaper: [Official Story Whitepaper](https://www.story.foundation/whitepaper.pdf) ✽ If the digital asset does not appear on PC, please refresh (F5) and check again. ✽ If the digital asset does not appear on the Upbit App, go to More > Screen Setup > Refresh Coin Information and check again.

Investment Risk Notice

• Digital asset investment is subject to sharp price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for investment decisions in this digital asset rests with the investor, and all potential losses shall also be borne by the investor. Please carefully reference the project website, disclosure materials, etc. to fully understand the characteristics of the digital asset and trade prudently.

• Due to the nature of digital asset trading, price differences between domestic and international exchanges frequently occur. Always be cautious of price differences with global exchanges before investing in digital assets.

• Upbit has taken various measures such as the minimum order amount limit to create a stable trading environment, but due to overheated market conditions, some users may receive order stabilization messages. This is an unavoidable measure for processing earlier orders and ensuring stable service, so please keep this in mind.

※ Virtual assets are high-risk products and may incur total or partial loss of investment capital.

*This information is automatically generated.

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