Sei(SEI) New Listing on Upbit

Upbit is adding the following digital asset to the KRW and BTC markets:

KRW, BTC Market: SEI

※Notice on market support and deposit services

• Upbit only supports Sei network deposits. (Deposits from other networks, e.g., BSC, are not supported.)
• Please note that all SEI deposits, regardless of whether the price of SEI exceeds 1 million won, will be subject to Travel Rule Solution verification until the reference price of SEI is registered on CoinCarp after the start of deposit support or until the point at which SEI trading support is added on Upbit.
• Opening for SEI deposits and withdrawal services : 2023-08-15 21:00 KST (expected)
• We will provide additional guidance through this notice if there are any changes related to the opening of deposit and withdrawal support.

To ensure a secure trading environment and accurate market information for our users, orders under the following conditions will be restricted upon the introduction of new digital assets in the KRW and BTC markets. Kindly take note of this when trading.
1) Schedule for the opening of SEI trading will be announced additionally through this notice.
2) Buy orders will be limited for the first 5 minutes of trading.
3) The price based on the restriction on the sale order for the first five minutes of trading support will be further announced in this notice, reflecting the market price of other exchanges later.
4) Buy/Sell orders at market price and open orders are limited for about an hour after the market support.

SEI(Sei)

Sei is a project that aims to establish a base layer for decentralized finance by building a layer 1 blockchain specialized in the DeFi sector. To achieve this, Sei has developed its own transaction execution engine at the network level, which is shared among the dApps built on Sei, providing a foundation for deep liquidity. Additionally, Sei aims to improve the network's processing power and block creation time through the optimization and parallelization of the Tendermint consensus algorithm. Sei's native token, SEI, can be used for transaction fee payment, validator staking, on-chain governance participation, and as a means of payment for digital asset trading on the SEI network.Homepage : SEI Homepage
Discord : SEI Discord
Twitter : SEI Twitter
Whitepaper : SEI Whitepaper
Digital Asset Report : SEI Digital Asset Report

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