[Upbit] Notice on Temporary Suspension of ZetaChain (ZETA) Deposits and Withdrawals Due to Network Upgrade (01/29 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 January 29, 2025 (Wednesday) until the stability of the network upgrade is confirmed (further notice will be provided through this announcement) (Article 17, Paragraph 1, Subparagraph A of the Enforcement Decree of the Virtual Asset User Protection Act).

[Notice on ZETA Network Upgrade]

• [View Notice on ZETA Network Upgrade](https://github.com/zeta-chain/node/releases/tag/v25.0.0)

[Suspension Timing of Deposit and Withdrawal Support]

• January 29, 2025 (Wednesday) 18:00 (KST) \~ Until the stability of the ZETA network upgrade is confirmed, the resumption of deposit and withdrawal support will be announced through this notice.

[Resumption Timing 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 timing for the resumption 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 timing 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 cautious and do not make any deposits after the suspension timing 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 timing 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 confirmation timing of transactions on the blockchain network and the reflection timing of deposits.

• Deposits and withdrawals may occur on some blockchain networks before or after the suspension timing, 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 a delay in reflecting it in the member's account.

[Frequently Asked Questions]

• ZETA deposits and withdrawals will be temporarily suspended, but ZETA trading will continue without interruption.

• Upbit plans to closely cooperate with the project 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 and may result in the loss of all or part of your investment.

*This is automatically generated information.