Upbit Lists Yield Guild Games (YGG) on KRW & USDT Markets: Trading Starts 2:30 PM, Oct 15

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Blockmedia
Upbit Lists Yield Guild Games (YGG) on KRW & USDT Markets: Trading Starts 2:30 PM, Oct 15

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Upbit Lists Yield Guild Games (YGG) on KRW and USDT Markets: Key Details and Insights

South Korea's leading cryptocurrency exchange, Upbit, announced on October 15, 2025, that it will officially list Yield Guild Games (YGG), a blockchain-based gaming guild token, on its KRW and USDT trading markets. This decision further demonstrates Upbit's commitment to expanding its digital asset offerings, particularly in the realm of Play-to-Earn (P2E) game economies.

Trading of YGG is set to commence at 2:30 p.m. KST on the announcement date, with deposits already available to users. Transactions will be supported exclusively through the Ethereum (ETH) network, ensuring seamless integration for token transfers.

Temporary Trading Restrictions to Ensure Stability

To mitigate the risks often associated with the initial stages of trading a new digital asset, Upbit has announced several temporary trading restrictions aimed at promoting market stability. Key measures include:

  • No Buy Orders in Initial Five Minutes: Trading will begin with a five-minute period during which only sell orders will be permitted, and buy orders will be restricted.
  • Lower Threshold for Sell Orders: Sellers cannot list the token for less than 10% below the prior day’s closing price of 0.00000129 BTC (approximately KRW 219.4 or 0.1458 USDT) during the initial trading phase.
  • Limit Orders Only: For the first two hours post-launch, only limit orders will be allowed to control volatility and improve price accuracy.

This structured approach is intended to encourage more controlled participation during the high activity typical of newly listed tokens.

Deposit Guidelines: Avoid Common Pitfalls

For users planning to deposit YGG, Upbit has issued detailed guidelines to ensure error-free transactions:

  • Ethereum Network Exclusivity: All deposits and withdrawals must use the Ethereum network (YGG-Ethereum) to facilitate compatibility.
  • Official Contract Address: The YGG token's supported contract address is 0x25f8087ead173b73d6e8b84329989a8eea16cf73. Users should confirm this to prevent misdirected funds.
  • Travel Rule Compliance: In line with regulatory requirements, wallet ownership verification is mandatory. Deposits originating from unverified personal wallets or unsupported exchanges could encounter significant delays or cumbersome refund processes.

These guidelines aim to ensure smooth token transfers and compliance with global anti-money laundering (AML) standards.

What is Yield Guild Games (YGG)?

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) that operates as a blockchain-based guild for Play-to-Earn (P2E) gaming ecosystems. YGG offers players the opportunity to earn in-game rewards while participating in governance activities that shape the platform's future.

The YGG token serves multiple purposes within its ecosystem, including:

  • Yield Farming: Token holders can stake YGG tokens to earn passive rewards.
  • Governance Voting: Users holding YGG enjoy voting rights, empowering them to participate in strategic decisions affecting the guild.
  • Staking: By staking tokens, users can further support the DAO while deriving benefits from their contributions.

YGG supports a thriving community of gamers and investors, exemplifying the growing popularity of blockchain-powered virtual economies. With its dual focus on user rewards and community governance, YGG is positioned as a pivotal player in the Play-to-Earn revolution.

Upbit’s Advisory: Recognizing Risks in Digital Asset Investments

As with many digital asset listings, Upbit has issued a statement urging investors to exercise caution. The exchange highlighted the inherent risks associated with cryptocurrencies, including price volatility and unpredictable regulatory shifts.

Quoting directly from the advisory: “Investing in digital assets carries risks due to higher volatility and regulatory changes. Investment decisions and responsibilities are solely up to the investor.”

Upbit’s announcement underscores the importance of proactive research and risk management when navigating the ever-evolving cryptocurrency market. Investors are reminded to acquire a comprehensive understanding of the asset’s fundamentals before engaging in trading or long-term investments.

Conclusion: Strengthening Play-to-Earn and DeFi Accessibility

The listing of Yield Guild Games (YGG) by Upbit reflects the growing importance of blockchain gaming and decentralized finance (DeFi) in the digital asset landscape. By implementing trading safeguards, providing transparent deposit guidelines, and emphasizing risk awareness, Upbit facilitates a structured approach to promote user confidence and adoption.

As P2E gaming ecosystems like YGG continue to bridge the gap between entertainment and financial opportunity, this listing stands as a testament to Upbit’s forward-thinking ethos, paving the way for future collaborations and innovations in blockchain technology.

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