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

Update Date: 2025-01-07 10:37

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 Stacks (STX) Deposits and Withdrawals]

• Target Digital Asset: Stacks (STX) - Stacks 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 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 1)

The detailed information is as follows.

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

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

• Target Digital Asset: Stacks (STX) - Stacks Network

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

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

[Precautions]

• After the suspension of deposit and withdrawal support, deposits of the digital asset may not be reflected in the Upbit account, and recovery may not be possible if such cases occur. Please be aware of this and do not deposit after the suspension.

• 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 the event 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 transactions on the blockchain network and the reflection time of deposits.

• Deposits and withdrawals may occur on some blockchain networks before or after the suspension, 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 is completed, so there may be delays in reflecting on member accounts.

• 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 is completed, so there may be delays in reflecting on member accounts.

• If any special circumstances arise 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 is automatically generated information.