Exchange Announcement
[Upbit] Notice of MAGIC Deposit/Withdrawal Resumption Following Network Migration Completion (02/21 19:00)
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- Upbit announced that MAGIC deposits and withdrawals will resume from February 21, 2025, at 19:00 following the completion of migration to the Treasure Chain network.
- Deposits to existing MAGIC addresses (Arbitrum One network) will no longer be possible, and users must generate new deposit addresses.
- Upbit has set both the minimum deposit/withdrawal amount and withdrawal fee at 1 MAGIC.
- 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.
> Previous deposit addresses will be disabled after the suspension time (2/20 11:00). Please refer to the following information to avoid any MAGIC deposit errors.
> After the suspension time (2/20 11:00), deposits to previous MAGIC (Arbitrum One network) addresses cannot be recovered. Please take note of this.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
Following the completion of MAGIC's network migration to Treasure Chain network, we are resuming MAGIC deposit and withdrawal services.
- Reference: [Notice of MAGIC Deposit/Withdrawal Suspension Due to Network Migration](https://upbit.com/service_center/notice?id=4869)
[MAGIC Deposit/Withdrawal Resumption Schedule]
- Scheduled resumption time: 2025-02-21 19:00 KST
*Any changes to the schedule will be updated through this notice.
[Important Notes for Deposits/Withdrawals]
-
Please make sure to generate a new MAGIC deposit address before making any deposits.
-
After 2025-02-20 11:00, deposits to previous MAGIC addresses (Arbitrum One network) or deposits of existing MAGIC to new addresses (Treasure Chain network) will not be credited to your Upbit account and cannot be recovered.
-
Minimum deposit/withdrawal amounts and withdrawal fees are as follows:
-
Minimum deposit amount: 1 MAGIC
-
Minimum withdrawal amount: 1 MAGIC
-
Withdrawal fee: 1 MAGIC
Upbit will always prioritize our members' assets.
Thank you for your patience.
※ Virtual assets are high-risk products that may result in partial or complete loss of investment.

*This information is automatically generated.





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