Notice on Temporary Suspension of Deposits and Withdrawals Due to Cardano (ADA) Hard Fork on Upbit (01/29 18:00 ~)

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

Due to the upcoming hard fork of Cardano (ADA), support for deposits and withdrawals will be suspended from 18:00 (KST) on January 29, 2025, until the stability of the hard fork is confirmed (to be announced through this notice later) (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph A).

[Notice on Temporary Suspension of Cardano (ADA) Deposits and Withdrawals]

• Reason for suspension: Cardano (ADA) hard fork

• Target digital asset: Cardano (ADA) - Cardano Network

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

• Additional impact: Suspension of Cardano (ADA) staking applications

*[View Notice on Cardano (ADA) Hard Fork](https://cardanoscan.io/govAction/gov_action1pvv5wmjqhwa4u85vu9f4ydmzu2mgt8n7et967ph2urhx53r70xusqnmm525)

• Suspension period: 2025-01-29(Wed) 18:00 \~ Until the stability of Cardano (ADA) deposits and withdrawals is confirmed, a notice will be provided to announce the resumption of support.

[Precautions]

• If ADA is deposited after the suspension 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 point.

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

• If a suspension occurs, there may be delays in deposit processing due to 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 point, but normal processing is not possible during the inspection period according to our wallet system processing status, and processing may be delayed in reflecting on member accounts as it will be handled sequentially after the inspection is completed.

• In the case of unscheduled inspections such as wallet maintenance or network maintenance, 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 status, and processing may be delayed in reflecting on member accounts as it will be handled sequentially after the inspection is completed.

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

• During the suspension period, Cardano (ADA) staking applications will be temporarily suspended. However, unstaking applications can be used normally, and the amount unstaked will be reflected after the resumption of deposits and withdrawals. (Staking rewards and validators operated by Upbit are not affected by the suspension of deposits and withdrawals.)

[Frequently Asked Questions]

• Although ADA deposits and withdrawals are temporarily suspended, ADA 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 changed information arises, we will update 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.