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Exchange Announcement

[Upbit] Notice on Suspension of SEI Deposits and Withdrawals Due to Network Upgrade (11/14 18:00 ~)

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  • Sei (SEI) announced that due to the network upgrade, deposit and withdrawal support will be suspended from 18:00 on November 14, 2024.
  • During the suspension period, deposit reflection for Sei digital assets will be temporarily suspended, and after the resumption point, deposits will be processed sequentially.
  • Investors are advised to refrain from depositing into Upbit accounts to avoid potential issues.
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  • 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.

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

Due to the scheduled network upgrade of Sei (SEI), support for deposits and withdrawals will be suspended from 18:00 (KST) on November 14, 2024, until the stability of the network upgrade is confirmed and completed (further notice will be provided through the official announcement).

[Notice on Suspension of SEI Deposits and Withdrawals]

  • Reason for suspension: Sei (SEI) network upgrade

  • Target digital asset: Sei (SEI) - Sei Network

  • Scope of suspension: Deposit and withdrawal of target digital asset

*[View details on Sei (SEI) network upgrade](https://www.mintscan.io/sei/proposals/87)

  • Suspension period: 2024-11-14(Thu) 18:00 ~ After confirmation of SEI deposit and withdrawal stability, further notice on resumption will be provided

[Caution]

  • After the suspension point, SEI deposits may not be reflected in your Upbit account, and recovery may not be possible in such cases.

  • Please be cautious and refrain from making deposits after the suspension point.

  • During the suspension period, deposit reflection for the relevant digital asset will be temporarily suspended, and after the resumption point, deposits will be processed sequentially.

  • In the event of a suspension, delays in deposit processing may occur due to reasons such as network congestion, and there may be a time difference between the completion of the transaction on the blockchain and the reflection in your account.

  • Deposits may occur before or after the suspension point, but during the inspection period, normal processing may not be possible, and after the inspection is completed, deposits will be processed sequentially.

[Frequently Asked Questions]

  • Trading of the relevant digital asset will continue without interruption regardless of the suspension of deposits and withdrawals.

  • Upbit plans to closely cooperate with the project team to ensure the safe protection of members' assets, and if additional changes occur, further updates will be provided in this announcement.

We ask for your understanding and cooperation 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.

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