Upbit has announced the listing of Gensyn (AI) across KRW, BTC, and USDT markets, with trading set to begin on June 30 at 16:00. The exchange also outlined a set of trading restrictions and risk controls that will apply during the early launch period.
According to the notice, deposits will be supported on the Gensyn network, and users are advised to carefully verify the correct blockchain before sending funds. Upbit warned that deposits sent through unsupported networks may not be processed or refunded quickly. It also noted that withdrawal services may begin later, depending on liquidity conditions after trading opens.
신규 디지털 자산 젠신(AI) 거래지원 안내
✅ 지원 마켓: KRW, BTC, USDT 마켓
📅 거래지원 개시 시점 : 2026-06-30 16:00 KST 예정🔗공지 바로가기:https://t.co/zAHvk0fX8m#Upbit #AI@gensynai pic.twitter.com/3P3MuxGIJ2
— Upbit Korea (@Official_Upbit) June 30, 2026
Temporary trading restrictions aim to stabilize launch
To manage early volatility, Upbit will temporarily restrict buy orders for around five minutes after trading begins. Sell orders priced more than 10% below the previous day’s closing price will also be restricted for a short period. In addition, for about two hours after launch, most order types will be limited to reduce sudden price swings during the initial trading phase.
Gensyn (AI) is described as a decentralized AI infrastructure protocol built on an Ethereum rollup design. It connects distributed computing resources into a shared network that can run and verify machine learning tasks. The project aims to allow devices ranging from personal computers to data centres to take part in AI training and inference processes.
Why do exchanges use strict rules when new tokens are listed?
Crypto exchanges often apply tight controls when a new asset first starts trading because early price discovery can be unstable. New listings usually attract heavy speculation, low liquidity, and fast price movements within the first minutes of trading.
These short-term restrictions help reduce extreme volatility and give the market time to find a more stable price. Similar launch rules have also been used on other major exchanges such as Binance and Coinbase, especially during high-demand listings.
For users, these controls can limit early trading risk but also slow down quick entry and exit strategies. For exchanges, they help maintain orderly markets while new tokens move from announcement into active trading.
Similarly, Upbit listed Internet Computer (ICP) with new trading pairs against the Korean won, triggering a rally that pushed the token more than 20% higher within hours of the announcement.
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