[Upbit] Notice of Temporary Suspension of Deposits and Withdrawals for FirmaChain (FCT2) Network Upgrade (12/19 12:00 ~)

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

Due to the upcoming network upgrade of FirmaChain (FCT2), deposit and withdrawal support will be suspended from 12:00 (KST) on Thursday, December 19, 2024, until the stability of the network upgrade is confirmed (to be announced through this notice later) (Article 17, Paragraph 1, Subparagraph A of the Enforcement Decree of the Virtual Asset User Protection Act).

[Notice on FCT2 Network Upgrade]

• View Notice on FCT2 Network Upgrade

[Time of Suspension of Deposit and Withdrawal Support]

• 2024-12-19 (Thu) 12:00 KST ~ Until the stability of the FCT2 network upgrade is confirmed, the resumption of deposit and withdrawal support will be announced through this notice.

[Time of Resumption of Deposit and Withdrawal Support]

• We will resume deposit and withdrawal support once the stability of the FCT2 network upgrade is confirmed.

• The timing of the resumption of deposit and withdrawal support for FCT2 will be updated through this notice.

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

[Precautions]

• After the suspension of deposit and withdrawal support, deposits of FCT2 may not be reflected in your Upbit account, and in such cases, recovery may not be possible.

• Please be aware of this and do not deposit after the suspension of deposit and withdrawal support.

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

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

• 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 member accounts as it will be processed sequentially after the inspection is completed.

[Frequently Asked Questions]

• Although FCT2 deposits and withdrawals are temporarily suspended, FCT2 trading will continue to be supported without interruption.

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