Exchange Announcement
[Upbit] SynFutures(F) New Trading Support Notice (KRW, USDT Market)
Summary
- Upbit announced that it will support trading of the new digital asset SynFutures (F) on the KRW, USDT markets at 16:00 on October 21.
- SynFutures (F) supports only the Ethereum network, and it stated that checking the network is required when making deposits/withdrawals.
- They stated that investing in digital assets carries risks of price volatility and loss of investment, so investors should thoroughly review project materials and invest carefully.
Hello. This is Upbit, the most trusted digital asset exchange.
We provide the following notice regarding new digital asset trading support.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |
|---------|-----------|----------|-------------------------|----------------|
| SynFutures(F) | KRW, USDT | Ethereum | Within 1 hour 30 minutes from the time of posting this notice | Scheduled for October 21 at 16:00 |
* Please be sure to check the network before depositing digital assets. Deposits/withdrawals via networks other than the specified network are not supported. ### ※ Trading Restriction Notice Prices for trading restrictions are determined based on prices provided by CoinMarketCap. - Buy restriction : Buy orders are restricted for approximately 5 minutes after trading support begins. - Minimum sell price restriction : For about 5 minutes after trading support begins, sell orders at prices -- 10% or lower compared to the previous day's closing price are restricted. - Order type restriction : For approximately 2 hours after trading support begins, all order types except limit orders are restricted. - 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 October 21 14:00) |
| F | 13.56 KRW | 13.06 KRW |
| F |
|---------------|---------------|------------------------|
| 0.009545 USDT | 0.009169 USDT |
※ Deposit Notice Deposits that cannot be reflected may take a long time for the return process, so please check the precautions carefully - Deposits/withdrawals are supported only on the specified network (F-Ethereum). Please confirm the network before depositing. - The contract address of F supported by Upbit is [0x6e15A54B5EcAc17e58daDedDbe8506a7560252F9](https://etherscan.io/token/0x6e15A54B5EcAc17e58daDedDbe8506a7560252F9). Please check the contract address when making F deposits/withdrawals. - To comply with the travel rule, if assets are deposited to Upbit via 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 returns for such deposits may take a long time. - Deposits/withdrawals are possible only to personal wallet addresses that have completed 'proof of ownership', and even deposits via linked personal wallets may be subject to deposit return processing 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 Clause 8) ### ※ Additional Digital Asset \~\~F (SynFutures)\~\~ > SynFutures is a decentralized derivatives exchange that adopts a fully on-chain automated market maker called 'Oyster AMM' to maximize liquidity efficiency and is designed to allow both professional market makers and general users to participate in trading. It also offers perpetual futures trading pairs for RWA (Real World Asset) products such as West Texas Intermediate (WTI) and Gold. The virtual asset F is used for staking and governance. > Website : [SynFutures official website](https://www.synfutures.com/) > X (formerly Twitter) : [SynFutures official X](https://x.com/SynFuturesDefi) > Whitepaper : [SynFutures official whitepaper](https://www.synfutures.com/v3-whitepaper.pdf) ✽ If the digital asset is not displayed on PC, please refresh (F5) and check. ✽ If the digital asset is not displayed in the Upbit App, please click More > Screen Settings > Receive Coin Information Again and check.
Investment Risk Notice
• Investing 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 the individual, and any potential losses also 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 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, but in an overheated investment environment, some users may see order stabilization messages. This is an unavoidable measure to process orders placed earlier by members and to provide a stable service, so please be aware of this.
※ Virtual assets are high-risk products and may cause loss of all or part of the investment. ※ Responsibility for investment decisions in virtual assets and resulting principal losses lies with the investor. ※ Dunamu Co., Ltd. Compliance Officer Review No. 25-0156 (25.09.22~26.09.21)

*This information is generated automatically.

Exchange Announcement Bot
@bot_fomoWe'll announcements out faster than anyone else!
![[Analysis] "XRP risks repeating the 2022 rout…most short-term investors in the red"](https://media.bloomingbit.io/PROD/news/845f37bb-29b4-4bc5-9e10-8cafe305a92f.webp?w=250)


![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to virtual assets](https://media.bloomingbit.io/PROD/news/4bde9dab-09bd-4214-a61e-f6dbf5aacdfb.webp?w=250)