[Upbit] Notice of Suspension of STEPN (GMT) Deposits and Withdrawals Due to Network Transition (2/12 11:00 ~)

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

We would like to inform you of the suspension schedule for deposits and withdrawals due to the network transition of STEPN (GMT) from the Solana network to the Polygon network as follows. (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph A, B)

[STEPN (GMT) Network Transition Notice]

• Network Transition: Solana → Polygon

[Deposit and Withdrawal Suspension Time]

• STEPN (GMT) Deposit and Withdrawal Suspension Time: Scheduled for 2025-02-12 (Wed) 11:00 KST

*During the suspension period, the deposit return procedure for the digital asset will be temporarily suspended.

*The resumption time for STEPN (GMT) deposits and withdrawals will be updated through a separate notice.

[Precautions Related to Deposits and Withdrawals]

• 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 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 depending on our wallet system processing situation, and processing may be delayed as it is sequentially processed after the inspection is completed.

• STEPN (GMT) deposited after the suspension time will not be included in the network transition target, so please do not deposit STEPN (GMT) after the suspension time.

• After the network transition of STEPN (GMT) is completed, the deposit address of GMT will be changed. Therefore, after the network transition is completed, you must obtain a new deposit address.

• If you deposit to the existing STEPN (GMT) deposit address (Solana) after the suspension time, it will take a long time to recover, and a recovery fee will be incurred. Also, recovery will be made to the previous network (Solana).

*Recovery may not be possible depending on the plans and decisions of the STEPN team.

[Frequently Asked Questions]

• Although STEPN (GMT) deposits and withdrawals are temporarily suspended, STEPN (GMT) trading is possible.

• Upbit plans to closely cooperate with the STEPN team to safely protect your assets, and if there are any additional or changes, we will provide additional guidance 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.