[Upbit] Notice of Temporary Suspension of Zilliqa (ZIL) Digital Asset Deposits and Withdrawals Due to Network Issues (Completed)

Update Date: 2024-12-09 17:35

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 ZIL Deposits and Withdrawals]

• Target Digital Asset: Zilliqa (ZIL) - Zilliqa Network

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

Thank you for your patience.

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

Deposits and withdrawals of Zilliqa (ZIL) are temporarily suspended due to the suspension of block generation. (Article 17, Paragraph 1, Subparagraph A of the Enforcement Decree of the Virtual Asset User Protection Act)

The detailed information is as follows.

[Notice on Temporary Suspension of Zilliqa (ZIL) Deposits and Withdrawals]

• Reason for Suspension: Suspension of Zilliqa (ZIL) block generation

• Target Digital Asset: Zilliqa (ZIL) - Zilliqa 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

*View Notice on Zilliqa (ZIL) Network Issues

[Precautions]

• If deposits of the digital asset are made after the suspension of deposit and withdrawal support, they may not be reflected in the Upbit account, and in such cases, recovery may not be possible. Please be careful not to 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 will be processed sequentially after the resumption of deposit and withdrawal support.

• In the event of a suspension of deposits and withdrawals, delays in deposit processing may occur due to network congestion, and there may be a difference between the confirmation time of transactions on the blockchain network and the time they are 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 situation, and processing may be delayed in reflecting to the member account as it is processed sequentially after the inspection is completed.

• In the case of unscheduled inspections such as wallet inspections and 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 processing may be delayed in reflecting to the member account as it is processed sequentially after the inspection is completed.

• 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 that can result in the loss of all or part of your investment.

*This information is automatically generated.