South Korea’s leading cryptocurrency exchange Upbit has announced support for the digital asset Newton Protocol (NEWT) in KRW, BTC, and USDT trading pairs.
Transaction Opening Rules
Upbit highlighted the following rules when opening transactions:
* Buy orders will not be available during the first 5 minutes. * A reference price for the minimum sales price will be announced. * For the first 2 hours, only limit orders will be allowed; market and other order types will be temporarily disabled.
What is Newton Protocol (NEWT)?
Newton Protocol (NEWT) is a project that provides an artificial intelligence-based automatic agent infrastructure, developed to facilitate user experience in the Web3 world. The platform works with AI agents that carry out goal-oriented commands given by users in a secure and verifiable manner.
The NEWT token is used within this ecosystem for:
* Staking (locking), * Use as a means of payment, * It is used in functions such as governance participation.
Security and Compliance Notices
The exchange announced that NEWT deposits and withdrawals will only be allowed from verified wallet addresses. Additionally, transfers from incompatible wallets may be subject to refunds. In case of large transfers, the user may be asked for documentation of the source of funds.
Upbit also announced the official NEWT contract address, urging traders to be careful about network type, contract address, and compatibility:
0xD0eC028a3D21533Fdd200838F39c85B03679285D.
With this development, Upbit continues to offer Korean crypto investors early access to next-generation Web3 projects.