[Upbit] SonicSVM (SONIC) New Trading Support Announcement (KRW, BTC, USDT Market) (Deposit/Withdrawal Start Time Announcement)

Update Date: 2025-01-08 11:12

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

We are pleased to announce the start time for the deposit and withdrawal service of SonicSVM (SONIC).

[SonicSVM Deposit/Withdrawal Service Start Announcement]

• Deposit/Withdrawal Service Start Time: Scheduled for 2025-01-08 12:00 KST

*SONIC supports deposits and withdrawals through the Solana network.

Thank you.

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Update Date: 2025-01-07 19:35

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

During the preparation process for the SonicSVM (SONIC) deposit and withdrawal service, an issue requiring additional verification has arisen, and thus the start time for deposits and withdrawals has been postponed.

The start time for deposits and withdrawals will be further announced through this notice one hour before the start.

Thank you.

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

We are pleased to announce new digital asset trading support as follows.

It is expected that securing sufficient liquidity for the stable trading support of SonicSVM (SONIC) will take some time. Therefore, Upbit will provide additional guidance on the trading support time through this notice one 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 |

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

| 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. * All SONIC deposits before the reference price is registered on CoinMarketCap or before the Upbit SONIC trading support time are subject to Travel Rule verification, regardless of whether the conversion amount exceeds 1 million KRW. Please be aware of this. * 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 - Buy Restriction: Buy orders are restricted for about 5 minutes after trading support. - Minimum Sell Restriction: The reference price for the minimum sell restriction will be announced through an additional notice one hour before trading support. - Order Type Restriction: All types of orders except limit orders are restricted for about 1 hour after trading support. ### ※ Deposit Precautions Deposits that cannot reflect the precautions may take a long time to return, so please check the precautions carefully - Deposits and withdrawals are only supported through the announced network (SONIC-Solana). Be sure to check the network before depositing. - To comply with the Travel Rule, if assets are deposited into Upbit through exchanges not included in the List of Virtual Asset Business Operators with Deposit/Withdrawal Capability, they cannot be reflected, and deposits that cannot be reflected may take a long time to return. - Deposits and withdrawals are only possible with a personal wallet address that has completed 'ownership verification', and even if it is a deposit through a linked personal wallet, the deposit return process may need to be carried out depending on the network of the asset. - In the case of large digital asset deposits with unclear sources, a statement of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset ~~SONIC (SonicSVM Sonic SVM)~~ > SonicSVM (Sonic SVM) is a Solana roll-up network that emerged to solve potential Solana network overload issues during future on-chain game development and to activate the Solana game ecosystem. SonicSVM supports the construction of game-specific roll-ups on Solana using its self-developed HyperGrid system. > Homepage: SonicSVM Official Homepage > X (formerly Twitter): SonicSVM Official X > Whitepaper: SonicSVM Official Whitepaper ✽ 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.

Investment Risk Notice

• Digital asset investments are 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 borne by 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 be exposed to 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.