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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 deposit and withdrawal support will be temporarily suspended from noon on November 18, 2024, following the ZetaChain (ZETA) network upgrade.
  • The resumption period for deposits and withdrawals is expected to be announced through the main announcement after the confirmation of network stability.
  • Upbit announced plans to closely cooperate with the ZetaChain team for the safe protection of member assets.
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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 ZetaChain (ZETA) network upgrade, from 2024-11-18 (Monday) 12:00 (KST) until the completion of the network upgrade and confirmation of stability (further notice will be provided through subsequent announcements), support for deposits and withdrawals will be temporarily suspended (Article 17, Paragraph 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/)

[Deposit and Withdrawal Suspension Period]

  • 2024-11-18 (Monday) 12:00 (KST) ~ Until further notice through the main announcement after confirmation of ZETA network stability

[Deposit and Withdrawal Resumption Period]

  • Deposits and withdrawals will be resumed once the ZETA network upgrade is completed and stability is confirmed.

  • The resumption period for ZETA deposits and withdrawals will be updated through the main announcement.

*In the event of any special circumstances related to the resumption of deposits and withdrawals, further notice will be provided through the main announcement.

[Cautionary Notes]

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

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

  • During the suspension period, deposits to the relevant digital asset will be temporarily suspended, and after the resumption period, they will be processed sequentially.

  • 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 cases, but during the inspection period, normal processing is not possible, and after the inspection is completed, they will be processed sequentially, so there may be a delay in reflecting them in member accounts.

[Frequently Asked Questions]

  • While ZETA deposits and withdrawals are 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 case of any additional or changed matters, further updates will be provided through the main 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 generated automatically.

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