[Upbit] Notice of Temporary Suspension of ADA Deposits and Withdrawals Due to Wallet System Maintenance (Completed)

Update Date: 2025-01-04 01:50

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

The maintenance for stable deposit and withdrawal services has been completed. The detailed information is as follows.

[Notice on Resumption of ADA Deposits and Withdrawals]

• Target Digital Asset: Ada (ADA) - Cardano Network

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

• Additional Resumption Scope: Ada (ADA) staking application

Thank you for your patience.

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

Due to a blockchain node issue with Ada (ADA), deposits and withdrawals are temporarily suspended. (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Item A)

The detailed information is as follows.

[Notice on Temporary Suspension of ADA Deposits and Withdrawals]

• Reason for Suspension: Ada (ADA) blockchain node issue

• Target Digital Asset: Ada (ADA) - Cardano Network

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

• Additional Impact Scope: Suspension of Ada (ADA) staking application

• Suspension Period: From the time of notice registration ~ Resumption of deposit and withdrawal support will be announced through this notice after confirming stability

[Precautions]

• If deposits are made after the suspension of deposit and withdrawal support, they may not be reflected in your Upbit account, and in such cases, recovery may not be possible. Please be careful not to deposit after the suspension point.

• During the suspension period, the deposit return procedure for 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 the deposit.

• Deposits and withdrawals may occur on some blockchain networks before or after the suspension point, but normal processing is not possible during the maintenance period according to our wallet system processing situation, and it will be processed sequentially after the maintenance is completed, so there may be delays in reflecting it in the member account.

• In the case of unscheduled maintenance such as wallet maintenance or network maintenance, deposits and withdrawals may occur on some blockchain networks before or after the notice, but normal processing is not possible during the maintenance period according to our wallet system processing situation, and it will be processed sequentially after the maintenance is completed, so there may be delays in reflecting it in the member account.

• If any special circumstances arise regarding the resumption of deposit and withdrawal support, we will inform you through this notice.

• During the suspension period, Ada (ADA) staking applications will be temporarily suspended. However, unstaking applications can be used normally, and the unstaked amount will be reflected after the resumption of deposits and withdrawals. (Staking rewards and validators operated by Upbit are not affected by the suspension.)

[Frequently Asked Questions]

• Trading of the digital asset is supported without interruption regardless of the suspension of deposits and withdrawals.

• Upbit plans to closely cooperate with the project team to safely protect 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.