[Upbit] Notice of Temporary Suspension of Deposits and Withdrawals for FirmaChain (FCT2) Network Upgrade (12/19 12:00 ~)

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

Due to the upcoming network upgrade of FirmaChain (FCT2), the support for deposits and withdrawals will be suspended from 12:00 (KST) on December 19, 2024 (Thursday) until the stability of the network upgrade is confirmed (to be announced through this notice later) (Article 17, Paragraph 1, Subparagraph A of the Enforcement Decree of the Virtual Asset User Protection Act).

[Notice on FCT2 Network Upgrade]

• View details on FCT2 Network Upgrade

[Time of Suspension of Deposit and Withdrawal Support]

• 2024-12-19 (Thursday) 12:00 KST ~ Until the stability of the FCT2 network upgrade is confirmed, the resumption of deposit and withdrawal support will be announced through this notice

[Time of Resumption of Deposit and Withdrawal Support]

• We will resume deposit and withdrawal support once the stability of the FCT2 network upgrade is confirmed.

• The timing for the resumption of FCT2 deposit and withdrawal support will be updated through this notice.

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

[Precautions]

• If you deposit FCT2 after the suspension time, it 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 time.

• During the suspension period, the return procedure for deposits of 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 the deposit.

• Deposits and withdrawals 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 situation, and it may be delayed in reflecting in the member account as it will be processed sequentially after the inspection is completed.

[Frequently Asked Questions]

• Although FCT2 deposits and withdrawals are temporarily suspended, FCT2 trading will be supported without interruption.

• Upbit plans to closely cooperate with the FirmaChain project team to safely protect your assets, and if there are any additional or changes, we will provide updates through 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 may result in the loss of all or part of your investment.

*This information is generated automatically.