Exchange Announcement

[Upbit] World Liberty Financial USD(USD1) New Trading Support Notice (KRW, BTC, USDT Markets)

Source
Exchange Announcement Bot

Summary

  • World Liberty Financial USD (USD1) has announced that it will be newly listed on Upbit in the KRW, BTC, USDT markets.
  • USD1 is a stablecoin redeemable 1:1 for the U.S. dollar, and it stated that the reserves are managed by a trust company and a financial services firm.
  • It said that investors must check price fluctuations, domestic and international price differences, and the deposit/withdrawal network and restrictions before investing.

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

We are announcing new digital asset trading support as follows.

| Digital asset | Market | Network | Deposit/Withdrawal start time | Trading support start time |

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

| World Liberty Financial USD(USD1) | KRW, BTC, USDT | Ethereum | Scheduled for September 1 at 15:00 | Scheduled for September 1 at 16:00 |

* Please be sure to check the network before depositing digital assets. Deposits or withdrawals via networks other than the announced network are not supported. * After deposit/withdrawal services begin, if a certain level of liquidity is not secured, the trading support start time may be delayed. ### ※ Trading restriction notice Trading restriction prices are determined based on prices provided by CoinMarketCap. - Buy restriction : Buy orders will be restricted for approximately 5 minutes after trading support begins. - Minimum sell price restriction : For about 5 minutes after trading support begins, sell orders priced at -- 10% or lower compared to the previous day's closing price will be restricted. - Order type restriction : 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 the recent price in the table below.

| Digital asset | Previous day's closing price | Recent price (as of September 1, 13:00) |

| USD1 | 1,390.2 KRW | 1,394 KRW |

| USD1 |

| USD1 |

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

| 0.00000923 BTC | 0.00000929 BTC |

| 1.00 USDT | 1.00 USDT |

※ Deposit notes Deposits that cannot be reflected may take a long time for the return process, so please carefully check the precautions - Deposits and withdrawals are supported only through the announced network (USD1-Ethereum). Please be sure to check the network before depositing. - The contract address of USD1 supported for trading on Upbit is [0x8d0D000Ee44948FC98c9B98A4FA4921476f08B0d](https://etherscan.io/token/0x8d0D000Ee44948FC98c9B98A4FA4921476f08B0d). When depositing/withdrawing USD1, please check the contract address. - To comply with the Travel Rule, if assets are deposited to Upbit through exchanges not included in the [List of virtual asset service providers that can deposit/withdraw](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 only possible to personal wallet addresses that have completed 'ownership verification', and even deposits via linked personal wallets may require return processing depending on the asset's network. - For large deposits of digital assets of unclear origin, proof of source of funds may be requested. (Terms of Use Article 17 Paragraph 8) ### ※ Additional digital asset \~\~USD1 (World Liberty Financial USD)\~\~ > World Liberty Financial USD(USD1) is a stablecoin redeemable at a 1:1 ratio for the U.S. dollar (USD). USD1 is 100% backed by reserves consisting of short-term U.S. Treasuries, U.S. dollar deposits and other cash equivalents, and these reserve assets are held or custodied by BitGo Trust Company, Inc., a trust company licensed in the state of South Dakota, and/or BitGo Technologies LLC, a federally registered financial services provider and state-licensed money transmitter. USD1 is used as a stablecoin for issuance and fiat redemption. > Website : [World Liberty Financial USD official website](https://worldlibertyfinancial.com/) > X (formerly Twitter) : [World Liberty Financial USD official X](https://x.com/worldlibertyfi) > Whitepaper : [World Liberty Financial USD official whitepaper](https://worldlibertyfinancial.com/risk-disclosures) ✽ If the digital asset does not appear on PC, please refresh (F5) and check. ✽ If the digital asset does not appear in the Upbit App, please click More > Screen Settings > Receive Coin Info 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 international regulatory environments. The responsibility for investment decisions on this digital asset rests with you, and any losses incurred belong 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 may persist. Be sure to take note of 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 overheated investment environments, some members may see order stabilization messages. This is an unavoidable measure to process orders from members who placed orders first and to provide stable services, so please be aware of this.

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

*This information is automatically generated.

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