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Exchange Announcement

[Upbit] UXLINK (UXLINK) Designation as a Cautionary Trading Item

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  • UXLINK (UXLINK) has been designated as a cautionary trading item.
  • The deposit service for UXLINK (UXLINK) has already been suspended.
  • The designation period as a cautionary trading item is September 23, 2025 12:00 KST ~ October 17, 2025 23:59 KST, and termination of trading support may be decided.
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  • 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.

UXLINK (UXLINK) has been designated as a cautionary trading item. (Enforcement Decree of the Act on the Protection of Users of Virtual Assets, Article 17, Paragraph 1, Subparagraph ma)

*UXLINK (UXLINK) has been designated as a cautionary trading item by member companies of the Digital Asset Exchanges Association (DAXA).

*The deposit service for UXLINK (UXLINK) has already been suspended, and the resumption of the deposit service will be announced according to the procedures following the designation as a cautionary trading item.

  • Reference : [UXLINK (UXLINK) Deposit/Withdrawal Temporary Suspension Notice](https://upbit.com/service_center/notice?id=5558)

DAXA member companies may take measures such as issuing cautionary notices, designating cautionary trading items, or terminating trading support for user protection.

Below are the detailed reasons for the designation as a cautionary trading item. Members holding the relevant digital asset should check the following information.

[Notice of Reasons for Designation as a Cautionary Trading Item]

  • Target markets : UXLINK/KRW, UXLINK/BTC, UXLINK/USDT

  • Reasons for designation as a cautionary trading item

  • Upbit has confirmed that regarding UXLINK (UXLINK), when comprehensively considering factors such as occurrences of security incidents like hacks and the failure of the issuer or operator to promptly disclose material matters about the virtual asset through appropriate electronic communication media, there are many deficient aspects and there is a possibility of causing user harm. Therefore, Upbit designates UXLINK (UXLINK) as a cautionary trading item to protect investors.

  • Designation period as a cautionary trading item : September 23, 2025 (Tue) 12:00 KST ~ October 17, 2025 (Fri) 23:59 KST

[Post-Designation Steps]

  • When designated as a cautionary trading item, Upbit generally conducts a detailed review of the relevant digital asset to determine whether to extend, lift, or ultimately terminate trading support for the designation.

  • Upbit will review the reasons for the designation as a cautionary trading item in accordance with the [Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf). During the review process, the review period for the designation as a cautionary trading item may be extended, and if the reasons for designation are not fully resolved, termination of trading support may be decided.

  • If the review period for the cautionary designation is extended or if termination of trading support is decided, we will announce it through a separate notice, and the exact schedule will be provided in that notice.

  • Deposits of digital assets designated as cautionary trading items cannot be reflected after this notice is posted, and all deposit transactions are subject to return.

  • Upbit's designation of digital assets as cautionary trading items and termination of trading support are based on the [Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf).

[Temporary Deposit Suspension Notice]

  • Target digital asset : UXLINK (UXLINK)

  • Deposit block time : 2025-09-23 (Tue) 01:57 KST

*The deposit service for UXLNIK (UXLNIK) has already been suspended.

*The resumption of the deposit service will be announced according to the procedures following the designation as a cautionary trading item.

[Deposit-Related Precautions]

  • If UXLINK deposits are made after the deposit support suspension time, they may not be reflected in your Upbit account, and in such cases recovery may be impossible. Please be aware of this and do not deposit after the deposit support suspension time. During the deposit support suspension period, deposit return procedures for the relevant digital asset are temporarily suspended and will be processed sequentially after deposit support is resumed.

  • If a deposit suspension occurs, deposit processing may be delayed due to network congestion, and there may be differences between the blockchain network transaction confirmation time and the time the deposit is reflected.

  • Deposits may occur on some blockchain networks before or after the deposit suspension time, but depending on our wallet system processing status, normal processing may not be possible during the inspection period; after the inspection ends, they will be processed sequentially following verification, so reflection in member accounts may be delayed.

  • In the case of unplanned wallet or network inspections, deposits may occur on some blockchain networks before or after the notice, but depending on our wallet system processing status, normal processing may not be possible during the inspection period; after the inspection ends, they will be processed sequentially following verification, so reflection in member accounts may be delayed.

  • If any special matters arise regarding the resumption of deposit support, we will notify you through this notice.

We will always do our best to ensure safe trading for our members.

Thank you.

※ Virtual assets are high-risk products and may result in the partial or total loss of invested funds.


*This information is generated automatically.

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