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

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

Due to the upcoming network upgrade of NEAR Protocol (NEAR), deposit and withdrawal support will be suspended from 12:00 PM (KST) on December 15, 2024, until the stability of the network upgrade is confirmed (to be announced later through this notice) (Article 17, Paragraph 1, Subparagraph 1 of the Enforcement Decree of the Virtual Asset User Protection Act).

[NEAR Network Upgrade Information]

• View NEAR Network Upgrade Information

[Deposit and Withdrawal Suspension Time]

• 2024-12-15 (Sun) 12:00 KST ~ Until the stability of the NEAR network upgrade is confirmed, the resumption of deposit and withdrawal support will be announced through this notice.

[Resumption of Deposit and Withdrawal Support]

• We will resume deposit and withdrawal support once the stability of the NEAR network upgrade is confirmed.

• The timing for the resumption of NEAR deposit and withdrawal support will be updated through this notice.

*If there are any special circumstances regarding the resumption of deposit and withdrawal support, we will inform you through this notice.

[Precautions]

• If you deposit NEAR after the suspension time, it may not be reflected in your Upbit account, and in such cases, recovery may not be possible.

• Please be cautious and do not deposit after the suspension time.

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

• If a suspension occurs, there may be delays in deposit processing due to network congestion, and there may be a difference between the confirmation time of the transaction on the blockchain network and the reflection time in the deposit.

• Deposits and withdrawals may occur on some blockchain networks before or after the suspension time, but normal processing is not possible during the inspection period according to our wallet system processing situation, and it may be delayed in reflecting on the member account as it will be processed sequentially after the inspection is completed.

[Frequently Asked Questions]

• NEAR deposits and withdrawals are temporarily suspended, but NEAR trading will continue to be supported without interruption.

• Upbit plans to work closely with the project team to ensure the safe protection of your assets, and if there are any additional or changes, we will provide updates through this notice.

We ask for your understanding as this is a measure 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 automatically generated.