Upbit, one of the Global Digital Asset Exchanges, has announced that it will support Solary (Layer) trading in the KRW, BTC and USDT markets.
upbit lists solar (layer) for trading in the KRW, BTC and USDT markets
Layer deposit support via the Solana Network will begin at 21:00 on February 11th, with the exact transaction start date announced later.
Upbit sets basic trading restrictions for Solaria.
- Purchase Order Limits: Purchase orders will be restricted for the first 5 minutes after trading begins.
- Minimum Sale Price Limit: A reference price for the minimum sales order will be provided before trading begins.
- Order Type Restrictions: Only limit orders are permitted within an hour of trading. All other order types are restricted.
Users are advised to carefully check their Solana network before depositing layer tokens to avoid transaction issues.
Upbit has strict compliance measures for layered sediments.
- Deposits from non-compliant exchanges (not listed on Upbit’s recognized virtual asset service provider list) will not be processed.
- Layer deposits and drawers are only allowed to use user-verified wallets.
- Large or uncertain deposits may require users to verify funding sources according to Upbit’s terms of service (Articles 17, 8).
Users should carefully review the deposit instructions, as failed transactions may require a long refund process.
About Solar (Layer)
Solarey (Layer) is a restaking network built on Solana, designed to improve on-chain distributed application (DAPP) network bandwidth via Sol Staking.
Solayer allows users to stake SOLs and receive SSOLs that can be further rested and delegated to endogenous AVS (ENDOAV) applications. This mechanism improves network efficiency by prioritizing specific DAPP transactions.
*This is not investment advice.
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