Exchange Announcement

[Upbit] Notice of Temporary Suspension of Withdrawals for Emercoin (EMC), Einsteinium (EMC2), ExclusiveCoin (EXCL) Due to Wallet Upgrade (12/18 23:00 ~)

Source
Exchange Announcement Bot

Summary

  • Upbit announced a temporary suspension of withdrawals for Emercoin (EMC), Einsteinium (EMC2), and ExclusiveCoin (EXCL).
  • This suspension is due to a wallet upgrade, and the resumption of withdrawals will be announced after stability is confirmed.
  • Investors are advised to prepare for withdrawal delays due to the wallet upgrade.

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

Due to the upcoming wallet upgrade for Emercoin (EMC), Einsteinium (EMC2), and ExclusiveCoin (EXCL), withdrawal support will be suspended from 2024-12-18 (Wed) 23:00 (KST) until the stability of the wallet 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 EMC, EMC2, EXCL Withdrawals]

  • Reason for Suspension: Wallet Upgrade

  • Assets Affected (Assets with Terminated Trading Support): Emercoin (EMC), Einsteinium (EMC2), ExclusiveCoin (EXCL)

  • Scope of Suspension: Withdrawal of the specified digital assets

  • Suspension Period: 2024-12-18 (Wed) 23:00 ~ Withdrawal support will be resumed after confirming the stability of EMC, EMC2, EXCL, and will be announced through this notice

*Emercoin (EMC), Einsteinium (EMC2), and ExclusiveCoin (EXCL) are assets with terminated trading support on Upbit, and only withdrawals are supported.

[Important Notes]

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

  • Withdrawals may occur on some blockchain networks before or after the suspension point, but normal processing will not be possible during the inspection period depending on our wallet system processing situation, and processing may be delayed in reflecting on member accounts as it will be processed sequentially after the inspection is completed.

We ask for your understanding as this is a measure for safe 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.

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