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Exchange Announcement

[Upbit] Notice of Temporary Suspension of Stacks (STX) Digital Asset Deposits and Withdrawals Due to Network Issues

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Exchange Announcement Bot
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  • It was announced that deposits and withdrawals are temporarily suspended due to the block generation suspension of Stacks (STX).
  • During the suspension period, the deposit return procedure for the digital asset is suspended and will be processed sequentially after resumption.
  • It was stated that trading continues to be supported regardless of the deposit and withdrawal suspension.
STAT AI Notice
  • 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 suspension of block generation for Stacks (STX), deposits and withdrawals are temporarily suspended. (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph A)

The detailed information is as follows.

[Notice on Temporary Suspension of Stacks (STX) Deposits and Withdrawals]

  • Reason for suspension: Suspension of Stacks (STX) block generation

  • Target digital asset: Stacks (STX) - Stacks Network

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

  • Suspension period: From the time of notice registration \~ Until the stability of deposits and withdrawals is confirmed, a notice will be provided to resume support

[Precautions]

  • If you deposit the digital asset after the suspension of deposit and withdrawal support, it 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.

  • In case of a 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 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 inspection period according to our wallet system processing situation, and it will be processed sequentially after the inspection ends, so there may be delays in reflecting it in the member account.

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

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

[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 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.

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