[Upbit] SonicSVM (SONIC) New Trading Support Announcement (KRW, BTC, USDT Markets) (Trading Support Start Time and Minimum Selling Price Guide)

Update Date: 2025-01-08 13:05

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

We are pleased to announce the trading support start time and the minimum selling price for SonicSVM (SONIC).

[SonicSVM Trading Support Start Time Announcement]

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

• Trading Support Start Time: Scheduled for 2025-01-08 14:00 KST

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

*Please be aware that there may be price differences between other exchanges and Upbit depending on the deposit and withdrawal support between exchanges after the trading support begins.

[SonicSVM Minimum Selling Price Guide]

• SonicSVM Minimum Selling Price Guide

• KRW Market: 1,363 KRW

• BTC Market: 0.00000957 BTC

• USDT Market: 0.937 USDT

• For about 5 minutes after the 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: 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 of the deposit and withdrawal service for SonicSVM (SONIC).

[SonicSVM Deposit and Withdrawal Service Start Announcement]

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

*SonicSVM 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.

Due to additional issues that need to be confirmed during the preparation process for the SonicSVM (SONIC) deposit and withdrawal service, the start time has been postponed.

We will provide additional guidance through this announcement 1 hour before the start of the deposit and withdrawal.

Thank you.

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

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

We believe that it will take some time to secure sufficient liquidity for the stable trading support of SonicSVM (SONIC). 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 |

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

| SonicSVM (SONIC) | KRW, BTC, USDT | Solana | Scheduled for January 7, 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 the Upbit SONIC trading support time will be subject to Travel Rule verification, regardless of whether the converted amount exceeds 1 million KRW. * 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 - Buy Restriction: Buy orders will be restricted for about 5 minutes after the trading support. - Minimum Selling Restriction: The standard price for the minimum selling 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 trading support. ### ※ Deposit Precautions Deposits that cannot be reflected may take a long time to return, 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 an exchange not included in the List of Virtual Asset Service Providers, 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, it may need to be returned depending on the network of the asset. - If a large amount of digital assets with unclear sources is deposited, an explanation 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 rollup network of Solana that emerged to solve 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 > X (formerly Twitter): SonicSVM Official X > Whitepaper: SonicSVM Official Whitepaper ✽ If the digital asset is not displayed on your 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 possible 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 the orders of 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.