Exchange Announcement
[Upbit] Addition of RedStone(RED) digital asset to KRW market
Summary
- Upbit announced that RedStone (RED) will be listed on the KRW market from September 5, 2025.
- RED supports deposits/withdrawals only on the Ethereum network, and some trading restrictions will apply for a certain period after trading begins.
- RED, RedStone's utility token, is used for staking, strengthening network security, and participation of data providers and data users.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
On September 5, 2025, the following digital asset will be added to the KRW market on Upbit.
| Digital asset | Market | Network | Trading support start time |
|-----------|-----|----------|--------------|
| RedStone (RED) | KRW | Ethereum | Sep 5, 17:00 (scheduled) |
- Please be sure to check the network before depositing digital assets. Deposits/withdrawals via networks other than the announced network are not supported. * If liquidity at a certain level is not secured after the notice is posted, the trading support start time may be postponed. ### ※ Trading restrictions notice Trading restriction prices are determined based on the price provided on Upbit's BTC market. - Buy restriction: Buy orders will be restricted for approximately 5 minutes after trading support begins. - Minimum sell restriction: For approximately 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 approximately 2 hours after trading support begins, all order types except limit orders will be restricted. - Please check the previous day's closing price in the table below.
| Digital asset | BTC market previous day's closing price |
| RED | 0.00000366 BTC (568.8 KRW) |
|--------|----------------------------|
※ Deposit precautions Deposits that cannot be reflected due to failure to follow precautions may take a long time to return, so please check the precautions carefully - Deposits/withdrawals are supported only through the announced network (RED-Ethereum). Please confirm the network before depositing. - The contract address for RED supported for trading on Upbit is [0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de](https://etherscan.io/token/0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de). Please check the contract address when proceeding with RED deposits/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 that can deposit/withdraw](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), the deposit cannot be reflected, and deposits that cannot be reflected may take a long time to be returned. - Deposits/withdrawals are allowed only to personal wallet addresses that have completed 'ownership verification', and even if a deposit is made from a linked personal wallet, deposits may need to be returned depending on the network of the asset. - For large deposits of digital assets with unclear origin, proof of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional digital asset \~\~RED (RedStone)\~\~ > RedStone provides oracle services for decentralized finance. It supports both push-model oracles and pull-model oracles, allowing the application of the optimal method by finding the balance between real-time performance and cost efficiency according to the data user's usage patterns. RedStone utilizes EigenLayer's shared security platform to deploy Active Verification Service (AVS), securing scalability of security using assets restaked to EigenLayer, and is designed to handle initial verification work at the AVS level to reduce on-chain fee burden. RED is RedStone's utility token and is used for staking, strengthening network security, and participation of data providers and data users. > Website : [RedStone official website](https://www.redstone.finance/) > X (formerly Twitter) : [RedStone official X](https://x.com/redstone_defi) > Whitepaper : [RedStone official whitepaper](https://docs.redstone.finance/docs/introduction) ✽ 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. Responsibility for investment decisions regarding this digital asset lies with you, and any possible losses belong to the investor. Please carefully refer to the project 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 note the price difference with global exchanges before investing in digital assets.
• Upbit takes various measures such as minimum order amount limits to create a stable trading environment, but in an overheated investment environment, some members may see order stabilization messages. This is an unavoidable measure to process orders placed earlier and to provide a stable service, so please note this.
※ Virtual assets are high-risk products and may cause partial or total loss of investment.

- This information is generated automatically.

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