Exchange Announcement
[Upbit]Treehouse (TREE) New Trading Support Notice (KRW, BTC, USDT Markets)
Summary
- Upbit said it will support trading of Treehouse (TREE) in KRW, BTC, USDT markets starting from 16:00 on August 28.
- TREE deposits and withdrawals can only be made via the Ethereum network, and using the wrong network may result in long return times.
- Digital asset investment is classified as a high-risk product due to rapid price fluctuations, so careful trading is required.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
We announce the support for a new digital asset as follows.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |
|-------------|----------------|----------|-------------------------|---------------|
| Treehouse (TREE) | KRW, BTC, USDT | Ethereum | Within 1 hour 30 minutes from the time of the announcement posting | Scheduled for August 28 at 16:00 |
* Please be sure to check the network before depositing digital assets. Deposits and withdrawals via networks other than the specified network are not supported. ### ※ Trading Restriction Notice Trading limit prices are determined based on prices provided by CoinMarketCap. - Buy restriction : Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum sell price restriction : Sell orders at prices -- 10% or lower compared to the previous day's closing price will be restricted for about 5 minutes after trading support begins. - Order type restriction : All types of orders except limit orders will be restricted for about 2 hours after trading support begins. - Please check the previous day's closing price and recent price in the table below.
| Digital Asset | Previous Day Closing Price | Recent Price (as of August 28, 13:40) |
| TREE | 432.62 KRW | 433.81 KRW |
| TREE |
| TREE |
|----------------|----------------|---------------------------|
| 0.00000276 BTC | 0.00000278 BTC |
| 0.3098 USDT | 0.3126 USDT |
※ Deposit Precautions Deposits that cannot be reflected may take a long time for return procedures, so please carefully check the precautions - Deposits and withdrawals are supported only on the specified network (TREE-Ethereum). Please check the network before depositing. - The contract address for TREE supported by Upbit is [0x77146784315Ba81904d654466968e3a7c196d1f3](https://etherscan.io/address/0x77146784315Ba81904d654466968e3a7c196d1f3). Please check the contract address when proceeding with TREE deposits and withdrawals. - To comply with the Travel Rule, if assets are deposited to Upbit through an exchange that is not included in the [list of virtual asset service providers eligible for deposits and withdrawals](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), they cannot be reflected, and deposits that cannot be reflected may take a long time to be returned. - Deposits and withdrawals are possible only to personal wallet addresses that have completed 'ownership verification', and even if a deposit is made through a linked personal wallet, the deposit may need to be returned depending on the asset's network. - When depositing a large amount of digital assets of unclear origin, proof of source of funds may be requested. (Terms of Use Article 17 Clause 8) ### ※ Additional Digital Asset \~\~TREE (Treehouse)\~\~ > Treehouse is a decentralized fixed-yield protocol that strategically manages deposited assets by referencing a benchmark interest rate (DOR) calculated based on panelists' predictions. Users deposit assets such as ETH to receive tAsset, and can participate in Vault strategies automatically managed by smart contracts to receive distributed profits. TREE is used for prediction participation, payment of query fees, reward distribution, governance, etc. > Website : [Treehouse Official Website](https://www.treehouse.finance/) > X (formerly Twitter) : [Treehouse Official X](https://x.com/TreehouseFi) > Whitepaper : [Treehouse Official Whitepaper](https://docs.treehouse.finance/protocol) ✽ If the digital asset is not visible on PC, please refresh (F5) and check. ✽ If the digital asset is not visible in the Upbit App, please go to More > Display Settings > Receive Coin Information Again and check.
Investment Risk Notice
• Investment in digital assets is exposed to rapid price fluctuations due to speculative demand and changes in domestic and foreign regulatory environments. Responsibility for investment decisions regarding this digital asset lies with the investor, and any possible losses also accrue to the investor. Please carefully refer to the project's website and disclosure materials to 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 continuously occur. Please be sure to pay attention to price differences with global exchanges before investing in digital assets.
• Upbit takes various measures, such as minimum order amount limits, to create a stable trading environment; however, in an overheated investment environment, order stabilization messages may be displayed to some members. This is an unavoidable measure to process orders from members who placed orders first and to provide stable service, so please be aware of this.
※ Virtual assets are high-risk products and may result in the loss of all or part of the investment.

*This information is generated automatically.

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