Crypto exchange Upbit has announced plans to support trading for Sonic SVM (SONIC) on its platform. Upbit will take time to ensure sufficient liquidity for stable trading and will provide a detailed announcement before trading support is activated. Deposits and withdrawals for SONIC will be supported on the Solana network. Upbit will implement restrictions such as buying restrictions, minimum selling price restrictions, and order type restrictions during the initial phase to ensure a smooth launch. Users must comply with deposit rules, including network confirmation, travel rule compliance, personal wallet verification, and source of funds verification. Sonic SVM is an aggregation network on Solana that aims to address network congestion issues in on-chain game development.
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