[Upbit] Notice of Temporary Suspension of NEAR Protocol (NEAR) Deposits and Withdrawals Due to Network Upgrade (12/15 12:00 ~)

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

Due to the upcoming network upgrade of NEAR Protocol (NEAR), deposit and withdrawal support will be suspended from 2024.12.15 (Sun) 12:00 (KST) until the stability of the network upgrade is confirmed (further notice will be provided through this announcement) (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph 1).

[NEAR Network Upgrade Information]

• View NEAR Network Upgrade Information

[Deposit and Withdrawal Suspension Period]

• 2024-12-15 (Sun) 12:00 KST ~ Until the stability of the NEAR network upgrade is confirmed, further notice will be provided through this announcement regarding the resumption of deposit and withdrawal support.

[Resumption of Deposit and Withdrawal Support]

• We will resume deposit and withdrawal support once the stability of the NEAR network upgrade is confirmed.

• The resumption time for NEAR deposits and withdrawals will be updated through this announcement.

*If there are any special circumstances regarding the resumption of deposit and withdrawal support, we will inform you through this announcement.

[Precautions]

• If you deposit NEAR after the suspension period, it may not be reflected in your Upbit account, and in such cases, recovery may not be possible.

• Please be careful not to deposit after the suspension period.

• 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 case 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 period, but normal processing is not possible during the inspection period according to our wallet system processing situation, and it will be processed sequentially after the inspection is completed, so there may be delays in reflecting it in the member account.

[Frequently Asked Questions]

• NEAR deposits and withdrawals will be temporarily suspended, but NEAR trading will continue to be supported without interruption.

• Upbit plans to work closely with the project team to safely protect your assets, and if there are any additional or changes, we will provide updates through 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.