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

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 of buy orders and the minimum selling price standard for Vana (VANA).

[VANA Buy Order Start Time Announcement]

• Target Market: 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 there may be a price difference between other exchanges and Upbit depending on the support for deposits and withdrawals between exchanges after the start of trading support.

[VANA Minimum Selling Price Standard Announcement]

• VANA Minimum Selling Price Standard 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 standard price will be restricted.

• For other trading restrictions, please refer to the main text of the announcement below.

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 of trading support and the minimum selling price standard for Vana (VANA).

[VANA Trading Support Start Time Announcement]

• Target Market: 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 time, we will provide additional guidance through this announcement.

• Please note that there may be a price difference between other exchanges and Upbit depending on the support for deposits and withdrawals between exchanges after the start of trading support.

[VANA Minimum Selling Price Standard Announcement]

• VANA Minimum Selling Price Standard 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 standard price will be restricted.

• For other trading restrictions, please refer to the main text of the announcement below.

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 it will take some time 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 December 16th, 19:00 | To be announced later |

• Vana (VANA) supports deposits and withdrawals through the Vana network. * All VANA deposits before the reference price is registered on CoinMarketCap or before the Upbit VANA trading support time, regardless of whether the converted amount exceeds 1 million won, are subject to Travel Rule verification, so please be aware of this. * 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 Restriction Announcement - Buy Restriction: Buy orders are restricted for about 5 minutes after the start of trading support. - Minimum Selling Price Restriction: The standard price for 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 are restricted for about 1 hour after the start of trading support. ### ※ Deposit Precautions Deposits that cannot reflect the precautions may take a long time for the return process, so please check the precautions carefully - Only deposits and withdrawals through the announced network (VANA-Vana) are supported. Please check the network before depositing. - To comply with the Travel Rule, if assets are deposited to Upbit through exchanges not included in the List of Virtual Asset Business Operators Available for Deposits and Withdrawals, they cannot be reflected, and deposits that cannot be reflected may take a long time for the return process. - 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, deposits may need to be returned depending on the network of the asset. - When depositing large amounts of digital assets with unclear sources, a statement 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 revenue by selling data after consensus from 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 may 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 are also attributed 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 is taking 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 and may result in the loss of all or part of the investment.

*This information is automatically generated.