[Upbit] Notice of Temporary Suspension of IoTeX (IOTX) Deposits and Withdrawals Due to Hard Fork (12/16 18:00 ~)

Notice of Temporary Suspension of IoTeX (IOTX) Deposits and Withdrawals Due to Hard Fork (12/16 18:00 ~)

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

Due to the upcoming hard fork of IoTeX (IOTX), the support for deposits and withdrawals of IoTeX (IOTX) will be suspended from 18:00 (KST) on December 16, 2024, until the stability of the hard fork is confirmed (further notice will be provided through this announcement). (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph 1).

[Notice Regarding Temporary Suspension of IoTeX (IOTX) Deposits and Withdrawals]

• Reason for Suspension: IoTeX (IOTX) Hard Fork

• Target Digital Asset: IoTeX (IOTX) - IoTeX Network

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

*View IoTeX (IOTX) Hard Fork Related Notice

• Suspension Period: 2024-12-16 (Mon) 18:00 ~ Until the stability of IOTX deposits and withdrawals is confirmed, further notice will be provided through this announcement.

[Precautions]

• If you deposit IOTX 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 cautious and do not deposit after the suspension of deposit and withdrawal support.

• During the suspension period, the deposit return procedure for the digital asset will be temporarily suspended, and it 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 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 status, and it will be processed sequentially after the inspection is completed, so there may be a delay in reflecting it in the member account.

[Frequently Asked Questions]

• Trading of the digital asset will continue without interruption regardless of the suspension of deposits and withdrawals.

• Upbit plans to work closely with the IoTeX team to ensure the safe protection of your assets, and if there are any additional or changes, we will update this announcement.

We ask for your understanding as this is a measure to support safe deposits and withdrawals.

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.