Upbit, a leading global digital asset exchange, has announced support for Solarey (LAYER) trading on KRW, BTC, and USDT markets.
Solarey Trading Support on Upbit
Deposit support for LAYER via the Solana network will begin on February 11 at 21:00, with the exact transaction start date to be announced later.
LAYER Trading Restrictions
Upbit has set initial trading restrictions for Solarey: a buy order restriction for the first five minutes, minimum sell price restriction, and only limit orders allowed for the first hour. Users are advised to carefully check the Solana network before depositing LAYER tokens.
Overview of Solarey (LAYER)
Solarey (LAYER) is a re-staking network built on Solana designed to enhance dApp network bandwidth through SOL staking. Users can stake SOL and receive sSOL for further re-staking into Endogenous AVS (endoAVS) applications, which boosts network efficiency.
Upbit users should carefully review LAYER deposit instructions to prevent transaction issues and potential lengthy refund processes.
