Upbit Announces Listing of TOSHI Meme Coin on Base Blockchain

Upbit, a leading digital asset exchange in South Korea, has officially announced its decision to list TOSHI, a prominent meme coin within the Base Blockchain ecosystem. This strategic move broadens trading opportunities and aligns with Upbit's ongoing efforts to enhance its cryptocurrency offerings.

Dual Market Accessibility for TOSHI Trading

To cater to diverse trading preferences, Upbit will support TOSHI trading in both KRW (Korean Won) and USDT (Tether) markets. This dual-market availability ensures greater accessibility for global and local users looking to invest in the Base Blockchain's flagship meme coin.

Key Deposit and Trading Details

Deposits for TOSHI will be activated within two hours following the official announcement made at 11:30 a.m. KST. Trading will subsequently commence at 3:00 p.m. on the same day, providing users an expedited opportunity to engage with this digital asset.

Notably, TOSHI is exclusively supported on the Base Network blockchain. All deposits and withdrawals will be processed solely through this network, emphasizing the importance of using the correct blockchain to ensure a seamless transaction experience.

Verification Measures for Accurate Deposits

Upbit has stressed the critical importance of confirming Base Network details and using the official contract address—0xac1bd2486aaf3b5c0fc3fd868558b082a531b2b4—to complete TOSHI deposits. Failing to adhere to these specifications can lead to erroneous transactions or potential asset loss.

Compliance with Travel Rule Regulations

As part of its regulatory compliance, Upbit has highlighted its adherence to Travel Rule guidelines. Deposits made from unverified exchanges or individual wallets lacking ownership verification could face delays or complex refund processes. To avoid these inconveniences, users are urged to ensure their transactions meet the required verification standards and to exercise caution when depositing funds.

What Is TOSHI? Understanding Its Origins and Role

TOSHI emerges as a unique blend of crypto culture and community identity. Its name is inspired by two significant figures in the cryptocurrency world: Satoshi Nakamoto, the enigmatic creator of Bitcoin, and Brian Armstrong, co-founder of Coinbase—with a playful nod to Armstrong’s cat. This creative origin story underscores the token’s position as a cultural symbol within the Base Blockchain ecosystem.

Beyond a Meme Coin: TOSHI’s Core Utilities

While TOSHI initially presents itself as a meme coin, its utility extends well beyond its branding. Within the Base ecosystem, TOSHI functions as a key asset supporting community-driven DAO governance. Additionally, it facilitates liquidity pairing activities, further strengthening its role as a functional token. These diverse use cases position TOSHI as a central, multi-purpose asset contributing to the growth and vibrancy of the Base Blockchain ecosystem.

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