Exchange Announcement
[Upbit] Notification of Temporary Suspension of Deposits and Withdrawals Following ZetaChain (ZETA) Network Upgrade (11/18 12:00 ~)
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- It was announced that deposits and withdrawals will be temporarily suspended from November 18, 2024, due to the ZetaChain (ZETA) network upgrade.
- It was stated that deposit and withdrawal support will resume once the stability of the upgrade is confirmed.
- During the suspension period, there may be delays in network transactions, and investors are advised to exercise caution.
- 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 ZetaChain (ZETA), support for deposits and withdrawals will be temporarily suspended from 12:00 (KST) on November 18, 2024, until the stability of the network upgrade is confirmed and completed (further notice will be provided through subsequent announcements) (Article 17, Clause 1 of the Virtual Asset User Protection Act).
[ZETA Network Upgrade Related Notice]
- [View ZETA Network Upgrade Related Notice](https://www.zetachain.com/docs/reference/network/proposals/)
[Suspension Period for Deposit and Withdrawal Support]
- 2024-11-18 (Mon) 12:00 (KST) ~ Until further notice through the main announcement after the stability of the ZETA network upgrade is confirmed
[Resumption Period for Deposit and Withdrawal Support]
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Deposit and withdrawal support will resume once the stability of the ZETA network upgrade is confirmed.
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The resumption period for ZETA deposit and withdrawal support will be updated through the main announcement.
*In case of any special circumstances related to the resumption of deposit and withdrawal support, we will notify you through the main announcement.
[Precautions]
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After the suspension period for deposit and withdrawal support, ZETA deposits may not be reflected in your Upbit account, and recovery may not be possible in such cases.
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Please be cautious and refrain from making deposits after the suspension period for deposit and withdrawal support.
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During the suspension period for deposit and withdrawal support, deposit returns for the relevant digital assets will be temporarily suspended, and after the resumption period, they will be processed sequentially.
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In the event of a suspension of deposits and withdrawals, there may be delays in processing due to network congestion, and there may be a time difference between the completion of the blockchain network transaction and the reflection in the deposit.
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Deposits and withdrawals may occur before or after the suspension period, but during the inspection period, normal processing is not possible, and after the inspection is completed, they will be processed sequentially, which may delay the reflection in the member account.
[Frequently Asked Questions]
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Although ZETA deposits and withdrawals will be temporarily suspended, ZETA trading will continue without interruption.
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Upbit plans to closely cooperate with the ZetaChain team to ensure the safe protection of member assets, and if there are any additional or changed matters, we will provide updates through 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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