Exchange Announcement

[Upbit] Notice of Temporary Suspension of Withdrawals for ReddCoin (RDD), Syscoin (SYS), and Verge (XVG) Due to Wallet Upgrade (Completed)

Source
Exchange Announcement Bot

Summary

  • Upbit announced that it temporarily suspended and then resumed withdrawals for ReddCoin (RDD), Syscoin (SYS), and Verge (XVG) to support stable service.
  • These three assets have ended trading support on Upbit and only withdrawals were supported.
  • The deposit return procedure provided during the withdrawal support suspension period is expected to resume after the inspection is completed.

Update Date: 2025-02-10 11:32

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

The inspection for stable withdrawal service support has been completed.

The detailed information is as follows.

[RDD, SYS, XVG Withdrawal Resumption Notice]

  • Target Digital Assets (Assets with Ended Trading Support): ReddCoin (RDD), Syscoin (SYS), Verge (XVG)

  • Resumption Scope: Withdrawal of target digital assets

*ReddCoin (RDD), Syscoin (SYS), and Verge (XVG) are assets with ended trading support on Upbit, and only withdrawals are supported.

Thank you for your patience.


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

Due to the upcoming wallet upgrade for ReddCoin (RDD), Syscoin (SYS), and Verge (XVG), withdrawal support will be suspended from 2025-02-06 (Thu) 23:00 (KST) until the stability of the wallet upgrade is confirmed (to be announced later through this notice). (Virtual Asset User Protection Act Enforcement Decree Article 17 Paragraph 1 Subparagraph A).

[RDD, SYS, XVG Temporary Withdrawal Suspension Notice]

  • Reason for Withdrawal Suspension: Wallet upgrade

  • Target of Withdrawal Suspension (Assets with Ended Trading Support): ReddCoin (RDD), Syscoin (SYS), Verge (XVG)

  • Suspension Scope: Withdrawal of target digital assets

  • Suspension Period: 2025-02-06 (Thu) 23:00 ~ Until the stability of RDD, SYS, XVG withdrawal is confirmed, resumption of withdrawal support will be announced through this notice

*ReddCoin (RDD), Syscoin (SYS), and Verge (XVG) are assets with ended trading support on Upbit, and only withdrawals are supported.

[Important Notes]

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

  • Withdrawals may occur on some blockchain networks before or after the suspension point, but normal processing is not possible during the inspection period due to the status of our wallet system processing, and processing may be delayed in reflecting on member accounts as it will be handled sequentially after the inspection is completed.

We ask for your understanding as this is a measure for safe 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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