[Upbit] Vana (VANA) New Trading Support Announcement (KRW, BTC, USDT Markets) (Extension of Buy Waiting Period and Addition of Minimum Selling Price Criteria)

Update Date: 2024-12-17 10:05

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

We are re-announcing the start time for buy orders and the minimum selling price criteria for Vana (VANA).

[VANA Buy Order Start Time Announcement]

• Target Markets: KRW-VANA, BTC-VANA, USDT-VANA

• Buy Order Start Time: Scheduled for 2024-12-17 10:15 KST

*If there is a change in the buy order start time, we will provide additional guidance through this announcement.

*Please note that price differences between Upbit and other exchanges may occur depending on the support for deposits and withdrawals between exchanges after the start of trading support.

[VANA Minimum Selling Price Criteria Announcement]

• VANA Minimum Selling Price Criteria Announcement

• KRW Market: 39,176.51 KRW

• BTC Market: 0.0002566 BTC

• USDT Market: 27.14 USDT

• For about 5 minutes after the start of trading support, sell orders below -10% of the above criteria price will be restricted.

*Please refer to the main body of the announcement below for other trading restrictions.

Thank you.

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Update Date: 2024-12-17 09:01

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

We are announcing the start time for trading support and the minimum selling price criteria for Vana (VANA).

[VANA Trading Support Start Time Announcement]

• Target Markets: KRW-VANA, BTC-VANA, USDT-VANA

• Trading Support Start Time: Scheduled for 2024-12-17 10:00 KST

*If there is a change in the trading support start time, we will provide additional guidance through this announcement.

*Please note that price differences between Upbit and other exchanges may occur depending on the support for deposits and withdrawals between exchanges after the start of trading support.

[VANA Minimum Selling Price Criteria Announcement]

• VANA Minimum Selling Price Criteria Announcement

• KRW Market: 49,061 KRW

• BTC Market: 0.0003229 BTC

• USDT Market: 34.22 USDT

• For about 5 minutes after the start of trading support, sell orders below -10% of the above criteria price will be restricted.

*Please refer to the main body of the announcement below for other trading restrictions.

Thank you.

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

We are announcing new digital asset trading support as follows.

Vana (VANA) is the first global trading support, and it is expected that a certain amount of time will be required to secure sufficient liquidity for stable trading. Therefore, Upbit will provide additional guidance on the trading support time through this announcement 1 hour before the trading support time once sufficient liquidity is secured within the exchange.

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

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

| Vana (VANA) | KRW, BTC, USDT | Vana | Scheduled for 19:00 on December 16 | To be announced later |

• Vana (VANA) supports deposits and withdrawals through the Vana network. * Please note that all VANA deposits before the reference price is registered on CoinMarketCap or before the Upbit VANA trading support time, regardless of whether the conversion amount exceeds 1 million won, will be subject to Travel Rule verification. * Please be sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the announced network are not supported. ### ※ Trading Restrictions Announcement - Buy Restriction: Buy orders will be restricted for about 5 minutes after the start of trading support. - Minimum Selling Price Restriction: The criteria price for the minimum selling price restriction will be announced through an additional announcement 1 hour before the trading support. - Order Type Restriction: All types of orders except limit orders will be restricted for about 1 hour after the start of trading support. ### ※ Deposit Precautions Deposits that cannot reflect the precautions may take a long time to return, so please check the precautions carefully - Only deposits and withdrawals through the announced network (VANA-Vana) are supported. Please check the network before depositing. - For the implementation of the Travel Rule, if assets are deposited into Upbit through exchanges not included in the List of Virtual Asset Service Providers Available for Deposits and Withdrawals, they cannot be reflected, and deposits that cannot be reflected may take a long time to return. - Deposits and withdrawals are only possible to personal wallet addresses that have completed 'ownership verification', and even if deposits are made through linked personal wallets, deposit returns may need to be processed depending on the network of the asset. - In the case of large digital asset deposits with unclear sources, an explanation of the source of funds may be requested. (Article 17, Paragraph 8 of the Terms of Use) ### ※ Additional Digital Asset ~~VANA (Vana Vana)~~ > Vana (Vana) is a decentralized network for user-owned data, where users can upload data that can be used for AI learning to a Data DAO and receive rewards. Data DAOs holding various data can generate profits by selling data after consensus among data providers when data usage requests are received from AI developers, etc. The virtual asset VANA is used for gas fees, data purchases, staking, governance, and delegation. > Homepage: Vana Official Homepage > X (formerly Twitter): Vana Official X > Whitepaper: Vana Official Whitepaper ✽ If the digital asset is not displayed on the PC, please refresh (F5) and check again. ✽ If the digital asset is not displayed on the Upbit App, please click More > Screen Settings > Refresh Coin Information and check again.

Investment Risk Warning

• Digital asset investments can be exposed to rapid price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for investment decisions in this digital asset lies with the individual, and any potential losses also belong to the investor. Please carefully refer to the project homepage and disclosure materials to fully understand the characteristics of digital assets and trade cautiously.

• Due to the nature of digital asset trading, price differences between domestic and international exchanges are continuously occurring. Please be sure to pay attention to the price differences with global exchanges before investing in digital assets.

• Upbit takes various measures such as minimum order amount restrictions to create a stable trading environment, but due to the overheated investment environment, some members may see order stabilization messages. This is an unavoidable measure to process orders from members who ordered first and to provide stable services, so please be aware of this.

※ Virtual assets are high-risk products that can result in the loss of all or part of the investment.

*This information is automatically generated.