[Upbit] Notice of Temporary Suspension of SEI Deposits and Withdrawals Due to Network Upgrade (Completed)

Update Date: 2024-12-11 15:46

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

The inspection for stable deposit and withdrawal service support has been completed.

The detailed information is as follows.

[Notice on Resumption of SEI Deposits and Withdrawals]

• Target Digital Asset: Sei (SEI) - Sei Network

• Resumption Scope: Deposits and withdrawals of the target digital asset

Thank you for your patience.

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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, until the stability of the network upgrade is confirmed (to be announced later through this notice) (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph A).

[Notice on Temporary Suspension of SEI Deposits and Withdrawals]

• Reason for Suspension: Sei (SEI) Network Upgrade

• Target Digital Asset: Sei (SEI) - Sei Network

• Suspension Scope: Deposits and withdrawals of the target digital asset

*View Details on Sei (SEI) Network Upgrade

• Suspension Period: 2024-12-10 (Tue) 18:00 ~ Until SEI deposit and withdrawal stability is confirmed, resumption will be announced through this notice

[Precautions]

• If SEI is deposited 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 and do not deposit after the suspension point.

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

• In case of suspension, 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 reflection time in the 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 status, and it will be processed sequentially after the inspection is completed, so there may be delays in reflecting in the member account.

[Frequently Asked Questions]

• Trading of the digital asset will continue to be supported 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 your assets, and if there are any additional or 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 and may result in the loss of all or part of your investment.

*This information is automatically generated.