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Exchange Announcement

[Upbit] Notice of Temporary Suspension of Deposits and Withdrawals Due to ZetaChain (ZETA) Network Upgrade (Completed)

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  • It was reported that the suspension of deposits and withdrawals due to the ZETA network upgrade started on December 20, 2024.
  • Deposits and withdrawals have been suspended, but ZETA trading continues to be supported.
  • Upbit emphasized that they are cooperating with the ZetaChain team to protect member assets and will update through notices if there are any changes.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

> Update Date: 2024-12-23 18:33

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

The inspection for stable deposit and withdrawal service support has been completed.

The detailed information is as follows.

[Notice Regarding Resumption of ZetaChain (ZETA) Deposits and Withdrawals]

Target Digital Asset: ZetaChain (ZETA) - ZetaChain

Scope of Resumption: Deposits and withdrawals of the target digital asset

Thank you for your patience.

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

Due to the upcoming network upgrade of ZetaChain (ZETA), support for deposits and withdrawals will be suspended from 2024-12-20 (Fri) 18:00 (KST) until the stability of the network upgrade is confirmed (to be announced later through this notice) (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph 1).

[Notice Regarding ZETA Network Upgrade]

[Time of Suspension of Deposit and Withdrawal Support]

2024-12-20 (Fri) 18:00 (KST) ~ Until the stability of the ZETA network upgrade is confirmed, a notice will be provided to announce the resumption of deposit and withdrawal support

[Time of Resumption of Deposit and Withdrawal Support]

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

The time of resumption of ZETA deposit and withdrawal support 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]

If ZETA is deposited after the suspension of deposit and withdrawal support, it may not be reflected in your Upbit account, and recovery may not be possible in such cases.

Please be aware of this and do not deposit after the suspension 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 deposits and withdrawals occurs, there may be delays in deposit processing due to network congestion, and there may be a difference between the time of transaction confirmation 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 processing may be delayed in reflecting on member accounts as it will be processed sequentially after the inspection is completed.

[Frequently Asked Questions]

ZETA deposits and withdrawals are temporarily suspended, but ZETA trading continues to be supported without interruption.

Upbit plans to closely cooperate with the ZetaChain team to safely protect your assets, and will provide additional updates through this notice if there are any changes or additions.

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.

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