[Upbit] Notice of Temporary Suspension of ELF Deposits and Withdrawals Due to Network Upgrade (12/24 22:00 ~)

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

Due to the upcoming network upgrade of ELF, deposit and withdrawal support will be suspended from 22:00 (KST) on December 24, 2024, until the stability of the network upgrade is confirmed (further notice will be provided through this announcement).

[Notice Regarding ELF Network Upgrade]

• [View Notice Regarding ELF Network Upgrade](https://blog.aelf.com/posts/advance-notice-aelf-v1-12-0-upgrade)

[Suspension Time of Deposit and Withdrawal Support]

• 2024-12-24(Tue) 22:00 KST \~ Deposit and withdrawal support will be resumed after confirming the stability of the ELF network upgrade, and further notice will be provided through this announcement.

[Resumption Time of Deposit and Withdrawal Support]

• Deposit and withdrawal support will be resumed once the ELF network upgrade is completed and stability is confirmed.

• The resumption time for ELF deposit and withdrawal support will be updated through this announcement.

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

[Precautions]

• If you deposit ELF after the suspension time of deposit and withdrawal support, it 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 time of deposit and withdrawal support.

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

• If a suspension of deposit and withdrawal occurs, there may be delays in deposit processing due to reasons such as network congestion, and there may be a difference between the confirmation time 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 will be processed sequentially after the inspection is completed, so there may be delays in reflecting it in your member account.

[Frequently Asked Questions]

• ELF deposits and withdrawals will be temporarily suspended, but ELF trading will be supported without interruption.

• Upbit plans to closely cooperate with the ELF team to safely protect your assets, and if there are any additional or changes, we will provide updates through this announcement.

We ask for your understanding as this is a measure for safe deposit and withdrawal support.

Thank you.

※ Virtual assets are high-risk products that can result in the loss of all or part of your investment.

*This information is automatically generated.