[Upbit] Notice on Designation of DAD and Bitcoin Gold (BTG) as Items of Caution

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

DAD and Bitcoin Gold (BTG) have been designated as items of caution, and as a result, the deposit service will be temporarily suspended. (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph A)

Please refer to the detailed reasons for the designation of these items of caution below, and members holding these digital assets are advised to check the following details.

[Reasons for Designation as Items of Caution]

~~1) DAD (DAD)~~

• Target Market: DAD/BTC

• Reasons for Designation as an Item of Caution

• Upbit has identified that there are several shortcomings in terms of disclosure of important matters related to virtual assets, transparency of virtual asset operations, and the reality and sustainability of the business when comprehensively considering the best practices for virtual asset trading support. Therefore, Upbit designates DAD as an item of caution to protect investors.

• Designation Period: December 10, 2024 (Tue) 12:00 KST ~ December 24, 2024 (Tue) 23:59 KST

~~2) BTG (Bitcoin Gold)~~

• Target Market: BTG/KRW

• Reasons for Designation as an Item of Caution

• Upbit has identified that there are several shortcomings in terms of the capabilities of the project-related entities, transparency of virtual asset operations, and the reality and sustainability of the business when comprehensively considering the best practices for virtual asset trading support. Therefore, Upbit designates Bitcoin Gold (BTG) as an item of caution to protect investors.

• Designation Period: December 10, 2024 (Tue) 12:00 KST ~ December 24, 2024 (Tue) 23:59 KST

[Steps After Designation as Items of Caution]

• After designation as an item of caution, Upbit generally conducts a detailed review of the digital asset to determine whether to extend the designation, lift it, or terminate trading support.

• The review period for the designation as an item of caution may be extended, and if there is an extension, we will inform you through this notice.

• If the reasons for designation as an item of caution are not completely resolved during the review period, Upbit will provide guidance on the termination of trading support through a separate notice, and the exact schedule for the termination of trading support will be provided through the trading support termination notice.

• Digital assets designated as items of caution cannot be reflected in deposits after the time of this notice, and all deposits will be subject to return.

• Upbit's designation of digital assets as items of caution and termination of trading support is in accordance with the Digital Asset Trading Support Termination Policy.

[Notice on Temporary Suspension of Deposits]

• Target Digital Assets: DAD, Bitcoin Gold (BTG)

• Deposit Block Time: December 10, 2024 (Tue) 12:00 KST

• Notice on Resumption of Deposits: To be announced according to the procedures after designation as an item of caution

[Precautions Related to Deposits]

• After the suspension of deposit support, deposits of DAD and BTG may not be reflected in your Upbit account, and in such cases, recovery may not be possible. Please be aware of this and do not deposit after the suspension of deposit support.

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

• If a deposit suspension occurs, there may be delays in deposit processing due to reasons such as network congestion, and there may be differences between the completion time of transaction confirmations on the blockchain network and the time deposits are reflected.

• Deposits may occur on some blockchain networks before or after the suspension time, but normal processing is not possible during the inspection period according to our wallet system processing status, and processing may be delayed in member accounts as it will be processed sequentially after the inspection is completed.

• In the case of unplanned inspections such as wallet inspections and network inspections, deposits 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 status, and processing may be delayed in member accounts as it will be processed sequentially after the inspection is completed.

• If there are any special circumstances related to the resumption of deposit support, we will inform you through this notice.

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

Thank you.

※ Virtual assets are high-risk products and may result in the loss of all or part of your investment.

*This is automatically generated information.