[Upbit] Notice of Temporary Suspension of Deposits and Withdrawals Due to ZetaChain (ZETA) Network Upgrade (12/20 18:00~)

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

Due to the upcoming network upgrade of ZetaChain (ZETA), the support for deposits and withdrawals will be suspended from 18:00 (KST) on December 20, 2024 (Friday) until the stability of the network upgrade is confirmed (further notice will be provided through this announcement) (Article 17, Paragraph 1, Subparagraph 1 of the Enforcement Decree of the Virtual Asset User Protection Act).

[Notice Regarding ZETA Network Upgrade]

• [View Notice Regarding ZETA Network Upgrade](https://github.com/zeta-chain/node/releases/tag/v24.0.0)

[Suspension Time of Deposit and Withdrawal Support]

• December 20, 2024 (Friday) 18:00 (KST) \~ Until the stability of the ZETA network upgrade is confirmed, a notice will be provided through this announcement regarding the resumption of deposit and withdrawal support.

[Resumption Time of Deposit and Withdrawal Support]

• We will resume deposit and withdrawal support once the ZETA network upgrade is completed and its stability is confirmed.

• The resumption time of ZETA 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 ZETA 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 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 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 the transaction on the blockchain network and the time it is reflected 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 will be processed sequentially after the inspection is completed, so there may be delays in reflecting it in the member's account.

[Frequently Asked Questions]

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

• Upbit plans to closely cooperate with the ZetaChain team to ensure the safe protection of your assets, and if any additional or changes occur, we will provide further updates in 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.