[Upbit] Notice on Temporary Suspension of Deposits and Withdrawals Following ZetaChain (ZETA) Network Upgrade (11/18 12:00 ~)

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

Due to the scheduled network upgrade of ZetaChain (ZETA), the support for deposits and withdrawals will be temporarily suspended from 12:00 (KST) on November 18, 2024, until the stability of the network upgrade is confirmed and completed (further notice will be provided through subsequent announcements) (Article 17, Section 1 of the Virtual Asset User Protection Act).

[Notice on ZETA Network Upgrade]

• View Notice on ZETA Network Upgrade

[Deposit and Withdrawal Suspension Period]

• From 12:00 (KST) on November 18, 2024, until the stability of the ZETA network upgrade is confirmed, further notice will be provided through subsequent announcements.

[Deposit and Withdrawal Resumption Period]

• Once the ZETA network upgrade is completed and stability is confirmed, deposits and withdrawals will be resumed.

• The resumption period for ZETA deposits and withdrawals will be updated through further announcements.

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

[Cautionary Notes]

• After the deposit and withdrawal suspension period, there may be cases where deposits to Upbit accounts are not reflected, and recovery may not be possible in such cases.

• Please be cautious and refrain from making deposits after the suspension period.

• During the deposit and withdrawal suspension period, the deposit return process for the relevant digital asset will be temporarily suspended, and it will be processed sequentially after the resumption period.

• In the event of a suspension, there may be delays in deposit processing due to network congestion, and there may be a time gap between the completion of the transaction on the blockchain and the reflection of the deposit.

• Deposits may occur before or after the suspension period, but due to the nature of the blockchain system, normal processing may not be possible during the inspection period, and it will be processed sequentially after the inspection is completed.

[Frequently Asked Questions]

• Although ZETA deposits will be temporarily suspended, ZETA trading will continue without interruption.

• Upbit plans to closely cooperate with the ZetaChain team to ensure the safe protection of member assets, and in case of any additional changes, 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.

*This information is generated automatically.