[Upbit] Notice of Temporary Suspension of Sei (SEI) Deposits and Withdrawals Due to Network Upgrade (12/10 18:00 ~)

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

Due to the upcoming network upgrade of Sei (SEI), the support for deposits and withdrawals will be suspended from 18:00 (KST) on December 10, 2024, until the stability of the network upgrade is confirmed (further notice will be provided through this announcement) (Article 17, Paragraph 1, Subparagraph A of the Enforcement Decree of the Virtual Asset User Protection Act).

[Notice Regarding Temporary Suspension of Sei (SEI) Deposits and Withdrawals]

• Reason for suspension: Sei (SEI) network upgrade

• Target digital asset: Sei (SEI) - Sei network

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

*View details on Sei (SEI) network upgrade

• Suspension period: 2024-12-10(Tue) 18:00 ~ Until the stability of SEI deposits and withdrawals is confirmed, further notice will be provided through this announcement

[Precautions]

• If SEI is deposited 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 process for the relevant 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 time of transaction confirmation on the blockchain network and the time it is reflected in your account.

• Deposits and withdrawals may occur on some blockchain networks before or after the suspension period, but they cannot be processed normally during the inspection period according to our wallet system processing status, and will be processed sequentially after the inspection is completed, which may delay reflection in your account.

[Frequently Asked Questions]

• Trading of the relevant digital asset will continue to be supported without interruption, regardless of the suspension of deposits and withdrawals.

• Upbit plans to work closely with the project 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 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.