[Upbit] Notice of Suspension of Deposit and Withdrawal Following ZetaChain (ZETA) Network Upgrade (11/18 12:00 ~)

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

Due to the scheduled network upgrade of ZetaChain (ZETA), the support for deposits and withdrawals will be suspended from 12:00 (KST) on November 18, 2024, until the stability of the network upgrade is confirmed (further details will be provided in a subsequent announcement) (Article 17, Paragraph 1 of the Act on the Use and Protection of Virtual Assets).

[ZETA Network Upgrade Related Notice]

• View ZETA Network Upgrade Related Notice

[Deposit and Withdrawal Suspension Period]

• From 12:00 (KST) on November 18, 2024, until the stability of the ZETA network upgrade is confirmed, further announcements will be made regarding the resumption of deposit and withdrawal support.

[Deposit and Withdrawal Resumption Period]

• Once the stability of the ZETA network upgrade is confirmed, deposit and withdrawal support will be resumed.

• The exact timing of the resumption of deposit and withdrawal support for ZETA will be updated through further announcements.

*In the event of any special circumstances related to the resumption of deposit and withdrawal support, we will provide further notice through this announcement.

[Precautions]

• After the suspension period, deposits to Upbit accounts may not be reflected, and in such cases, recovery may not be possible.

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

• During the suspension period, deposit returns for the relevant digital assets will be temporarily suspended, and they will be processed sequentially after the resumption period.

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

• Deposits may occur before or after the suspension period in some blockchain networks, and during the inspection period, normal processing may not be possible, and after the inspection is completed, they will be processed sequentially, which may delay reflection in member accounts.

[Frequently Asked Questions]

• While ZETA deposits and withdrawals will be temporarily suspended, ZETA trading will continue without interruption.

• Upbit plans to closely cooperate with the ZetaChain team to ensure the safe protection of member assets, and in the event of 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 the investment.

*This information is automatically generated.