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 ($98,166.95) and USDT ($1.00) 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.
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