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Upbit, a leading global digital asset exchange, has announced the listing 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 on the $BTC and $USDT markets, with deposits and withdrawals supported via their respective networks:
Asset Market Network Deposit Start Time Trading Start Time
Jito ($JTO) $BTC, $USDT Solana Within 3 hours after announcement February 6, 18:00 Scroll (SCR) $BTC, $USDT Scroll Within 3 hours after announcement February 6, 18:00
Important Deposit Instructions
- Only deposits made via designated networks (Solana for $JTO and Scroll for SCR) will be supported.
- Transactions made from unsupported networks will not be credited and refunds may be delayed.
- Deposits from exchanges that are not listed under Upbit's Travel Rule compliance will be rejected.
- Only personal wallets with verified ownership can be used for deposits and withdrawals.
- Large or suspicious deposits may require additional verification, including proof of funds source.
Trading Restrictions
To ensure market stability, the following temporary trading restrictions will be implemented:
- Buy orders are restricted for the first 5 minutes after listing.
- Sell orders are restricted to prices 10% below the previous day's closing price for the first 5 minutes.
- Only limit orders are allowed for the first hour after trading starts.
About Jito ($JTO)
Jito is a liquid staking and restaking project on the Solana network designed to maximize staking rewards by integrating Maximum Extractable Value (MEV) rewards. The $JTO token is primarily used for governance within the ecosystem.
About Scroll (SCR)
Scroll is a Layer 2 zk-rollup network designed to improve Ethereum scalability while maintaining EVM compatibility. Scroll enables seamless migration for existing Ethereum applications by leveraging zero-knowledge proofs. The SCR token is used for governance.
*This is not investment advice.