[Upbit] Notice of Temporary Suspension of Sei (SEI) Deposits and Withdrawals Due to Network Upgrade (12/10 18:00 ~)

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

Due to the upcoming network upgrade of Sei (SEI), deposit and withdrawal support will be suspended from 18:00 (KST) on December 10, 2024 (Tuesday) until the stability of the network upgrade is confirmed (to be announced later through this notice) (Article 17, Paragraph 1, Subparagraph 1 of the Enforcement Decree of the Virtual Asset User Protection Act).

[Notice Regarding Temporary Suspension of Sei (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 the target digital asset

*View Details on Sei (SEI) Network Upgrade

Suspension Period: 2024-12-10 (Tue) 18:00 ~ Until the stability of SEI deposits and withdrawals is confirmed, a notice will be provided to resume support.

[Precautions]

If you deposit SEI after the suspension point, it may not be reflected in your Upbit account, and in such cases, recovery may not be possible.

Please be aware of this and do not deposit after the suspension point.

During the suspension period, the return procedure for deposits of the digital asset will be temporarily suspended and will be processed sequentially after the resumption of deposit and withdrawal support.

If a suspension occurs, there may be delays in deposit processing due to network congestion, and there may be a difference between the confirmation time of the transaction on the blockchain network and the time it is reflected in your account.

Deposits and withdrawals may occur on some blockchain networks before or after the suspension point, but normal processing is not possible during the inspection period according to our wallet system processing situation, and processing may be delayed as it will be handled sequentially after the inspection is completed.

[Frequently Asked Questions]

Trading of the digital asset will continue to be supported regardless of the suspension of deposits and withdrawals.

Upbit plans to closely cooperate with the project team to ensure the safe protection of your assets, and if there are any additional changes, we will update this notice.

We ask for your understanding as this is a measure for safe deposit and withdrawal support.

Thank you.

※ Virtual assets are high-risk products that can result in the loss of all or part of your investment.

*This information is automatically generated.