[Upbit] Notice of Temporary Suspension of Deposits and Withdrawals Due to eCash (XEC) Network Upgrade (11/15 12:00 ~)

Hello. This is Upbit, the most trusted global standard digital asset exchange.

Due to the scheduled network upgrade of eCash (XEC), the support for deposits and withdrawals will be temporarily suspended from 12:00 (KST) on November 15, 2024, until the stability of the network upgrade is confirmed (further notice will be provided through subsequent announcements) (Article 17, Clause 1 of the Virtual Asset User Protection Act).

[Notice Regarding XEC Network Upgrade]

• [View Notice Regarding XEC Network Upgrade](https://e.cash/upgrade)

[Time of Suspension of Deposit and Withdrawal Support]

• From 12:00 KST on November 15, 2024, until the stability of the XEC network upgrade is confirmed, further notice will be provided regarding the resumption of deposit and withdrawal support.

[Time of Resumption of Deposit and Withdrawal Support]

• Once the stability of the XEC network upgrade is confirmed, deposit and withdrawal support will be resumed.

• The time of resumption of deposit and withdrawal support for XEC will be updated through further announcements.

*In case of any special circumstances related to the resumption of deposit and withdrawal support, further notice will be provided through subsequent announcements.

[Precautions]

• After the time of suspension of deposit and withdrawal support, deposits to the Upbit account may not be reflected, and in such cases, recovery may not be possible.

• Please be cautious and refrain from making deposits after the time of suspension of deposit and withdrawal support.

• During the period of suspension of deposit and withdrawal support, deposits to the digital asset in question will be temporarily suspended, and after the time of resumption of deposit and withdrawal support, they will be processed sequentially.

• In case of suspension of deposits and withdrawals, delays may occur in processing due to network congestion, and there may be a time difference between the completion of the transaction on the blockchain and the reflection of the deposit.

• Before or after the time of suspension of deposits and withdrawals, deposits may occur on some blockchain networks, but during the inspection period, normal processing is not possible, and after the inspection is completed, they will be processed sequentially, so there may be a delay in reflecting them in the member account.

[Frequently Asked Questions]

• Although XEC deposits and withdrawals will be temporarily suspended, XEC trading will continue to be supported without interruption.

• Upbit plans to cooperate closely with the eCash team to ensure the safe protection of member assets, and in case of any additional or changed matters, further updates will be provided through subsequent announcements.

We ask for your understanding and cooperation for safe deposit and withdrawal support.

Thank you.

*Virtual assets are high-risk products and may result in the loss of all or part of your investment.

*Information is automatically generated.