[Upbit] Notice of Temporary Suspension of Zilliqa (ZIL) Digital Asset Deposits and Withdrawals Due to Network Issues (Completed)

Update Date: 2025-01-16 14:23

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 on Resumption of Zilliqa (ZIL) Deposits and Withdrawals]

• Target Digital Asset: Zilliqa (ZIL) - Zilliqa Network

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

Thank you for your patience.

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

Due to blockchain network issues of Zilliqa (ZIL), deposits and withdrawals are temporarily suspended. (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph 1)

The detailed information is as follows.

[Notice on Temporary Suspension of Zilliqa (ZIL) Deposits and Withdrawals]

• Reason for Suspension: Inability to process transactions due to Zilliqa (ZIL) blockchain network issues

• Target Digital Asset: Zilliqa (ZIL) - Zilliqa Network

• Suspension Scope: Deposits and withdrawals of the target digital asset

• Suspension Period: From the time of notice registration ~ Resumption of deposit and withdrawal support will be announced through this notice after confirming stability

[Precautions]

• If deposits of the digital asset are made after the suspension point, they may not be reflected in the Upbit account, and recovery may not be possible in such cases. Please be careful not to deposit after the suspension point.

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

• In case of suspension, there may be delays in deposit processing due to network congestion, and there may be a difference between the confirmation time of transactions on the blockchain network and the time they are reflected in the account.

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

• In the case of unscheduled inspections such as wallet inspections or network inspections, deposits and withdrawals may occur on some blockchain networks before or after the notice, but normal processing is not possible during the inspection period according to our wallet system processing situation, and they will be processed sequentially after the inspection is completed, so there may be delays in reflecting them in the member account.

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

[Frequently Asked Questions]

• Trading of the digital asset is supported without interruption regardless of the suspension of deposits and withdrawals.

• Upbit plans to closely cooperate with the project team to safely protect your assets, and if any additional or changes occur, we will provide updates in 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.