Upbit, a global digital asset exchange, has released a list of two new digital assets: Jito (JTO) and Scroll (SCR).
Upbit announces support for new digital assets: JTO and SCR
The new assets will be available for trading in the BTC and USDT markets, with deposits and withdrawals supported through their respective networks.
Asset Market Network Deposit Start Time Trading Start Time
Jito (JTO) BTC, USDT Solana Within 3 Hours After Announcement February 6th 18:00 Scroll (SCR) BTC, USDT Scroll within 3 Hours After Announcement February 6th
Important Deposit Instructions
- Only deposits created through the specified network (Solana for JTO and scrolling for SCR) are supported.
- Transactions created from unsupported networks are not credited and may result in delayed refunds.
- Deposits from exchanges not listed in Upbit’s Travel Rules Compliance will be denied.
- You can use only the wallet of a person with verified ownership and use it for deposits and withdrawals.
- Large or suspicious deposits may require additional verification, including proof of funding source.
Trade restrictions
To ensure market stability, the following temporary trading restrictions will be implemented:
- Purchase orders are limited for the first 5 minutes after listing.
- Sales orders are limited to prices 10% below the previous day’s closing price for the first five minutes.
- Only restricted orders are permitted for the first hour after trading begins.
About Jito (JTO)
JITO is a liquid staking and lext project on the Solana network designed to maximize staking rewards by integrating maximum extractable value (MEV) rewards. JTO tokens are primarily used for governance within the ecosystem.
About Scrolling (SCR)
Scroll is a Layer 2 ZK rollup network designed to improve Ethereum scalability while maintaining EVM compatibility. Scrolling enables seamless migration of existing Ethereum applications by leveraging zero knowledge proofs. SCR tokens are used for governance.
*This is not investment advice.
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