Exchange Notice
[Upbit] SonicSVM (SONIC) New Trading Support Announcement (KRW, BTC, USDT Markets)
- Upbit announced that it will support trading of SonicSVM (SONIC) in new markets: KRW, BTC, and USDT.
- SONIC supports deposits and withdrawals through the Solana network, with initial purchase restrictions and order type restrictions after trading begins.
- Investors are advised to recognize the high-risk nature of digital asset investments and pay particular attention to price differences with global exchanges.
- 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 are pleased to announce the support for new digital asset trading as follows.
It is expected that securing sufficient liquidity for stable trading support of SonicSVM (SONIC) will take some time. Therefore, Upbit will provide additional guidance on the trading support timing through this announcement 1 hour before the trading support point once sufficient liquidity is secured within the exchange.
| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |
|--------------|----------------|--------|--------------|------------|
| SonicSVM (SONIC) | KRW, BTC, USDT | Solana | Scheduled for January 7th, 20:00 | To be announced later |
* SonicSVM (SONIC) supports deposits and withdrawals through the Solana network. * Please note that all SONIC deposits before the reference price is registered on CoinMarketCap or before Upbit's SONIC trading support point, 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 Notice - Purchase Restriction: Purchase orders will be restricted for about 5 minutes after trading support. - Minimum Sell Restriction: The standard price for minimum sell restriction will be announced through additional notice 1 hour before trading support. - Order Type Restriction: All types of orders except limit orders will be restricted for about 1 hour after trading support. ### ※ Deposit Precautions Deposits that cannot reflect the precautions may take a long time for the return process, so please carefully check the precautions - Deposits and withdrawals are only supported through the announced network (SONIC-Solana). 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 Service Providers](https://upbitcs.zendesk.com/hc/ko/articles/5048002559897), 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 a personal wallet address that has completed 'Ownership Verification', and even if it is a deposit through a linked personal wallet, it may need to be processed for return depending on the network of the asset. - In the case of large deposits of digital assets with unclear sources, a statement of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset \\ > SonicSVM (Sonic SVM) is a rollup network of Solana that emerged to resolve potential Solana network overload issues during the future on-chain game development process and to activate the Solana game ecosystem. SonicSVM supports the construction of game-specific rollups on Solana using its self-developed HyperGrid system. > Homepage: [SonicSVM Official Homepage](https://www.sonic.game/) > X (formerly Twitter): [SonicSVM Official X](https://x.com/SonicSVM) > Whitepaper: [SonicSVM Official Whitepaper](https://docs.sonic.game/) ✽ If the digital asset is not displayed on PC, please refresh (F5) and check again. ✽ If the digital asset is not displayed on the Upbit App, please click More > Screen Settings > Retrieve Coin Information and check again.SONIC (SonicSVM Sonic SVM)\\
Investment Risk Notice
• Investing in digital assets 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 attributed to the investor. We urge you to thoroughly review the project homepage and disclosure materials to fully understand the characteristics of digital assets and trade carefully.
• 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 some members may be exposed to order stabilization messages due to an overheated investment environment. This is an unavoidable measure to process the orders of members who ordered first and to provide stable services, so please be aware of this.
※ Virtual assets are high-risk products that may result in the loss of all or part of your investment.
*This information is automatically generated.