Exchange Notice
[Upbit] Notice on Extension of Designated Period for DAD Trading Caution
- Upbit announced the extension of the designated period for trading caution on DAD.
- The Digital Asset eXchange Alliance (DAXA) requested additional explanations and maintained trading caution measures on DAD.
- During the extended period, Upbit stated it would decide whether to lift the trading caution designation or terminate trading support.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
We would like to inform you that the designated period for trading caution of DAD has been extended by the Digital Asset eXchange Alliance (DAXA) member companies. DAXA member companies can take actions such as urging caution, designating trading caution items, and terminating trading support to protect investors.
- Reference: [Trading] Notice on Designation of Trading Caution for DAD, Bitcoin Gold (BTG)(https://upbit.com/service_center/notice?id=4710)
Please find below the detailed reasons for the extension of the designated period for trading caution, and members holding the relevant digital assets are advised to check the following details.
[Notice on Extension of Designated Period for Trading Caution]
DAD (DAD, DAD)
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Target Market: DAD/BTC
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Reason for Extension of Designated Period for Trading Caution:
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After requesting an explanation from DAD following the designation of trading caution, a review was conducted. However, as the Digital Asset eXchange Alliance (DAXA) requested additional joint explanations from the foundation, the designated period for trading caution is extended.
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Extended Period for Trading Caution: ~ 2024-12-30 (Mon) 23:59 KST
[Notice Related to Extension of Designated Period for Trading Caution]
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During the extended designated period for trading caution, Upbit will conduct additional reviews of the relevant digital assets to determine whether to extend, lift, or finally terminate trading support.
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Upbit's designation of digital asset caution items and termination of trading support is based on the Digital Asset Trading Caution and Trading Support Termination Policy (https://static.upbit.com/guide/market_policy_close.pdf).
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The Digital Asset eXchange Alliance (DAXA) is reviewing the virtual assets supported by member companies and monitoring market conditions. In the event of a crisis requiring investor caution, we will continue to implement investor protection measures through prompt information provision and joint response.
Upbit will always do its best to ensure your safe trading.
Thank you.
※ Virtual assets are high-risk products that can result in the loss of all or part of your investment.
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