Exchange Announcement
[Upbit] Notice of Termination of Steem Dollars (SBD) Trading Support (2/12 17:00)
Summary
- Upbit announced that it will terminate trading support for Steem Dollars (SBD) on February 12, 2025.
- It was stated that services related to airdrops, wallet upgrades, and hard forks will not be supported after the termination of trading support.
- Withdrawals will be supported until March 14, 2025, and it was noted that it may take a long time to reflect deposits and returns after this period.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
We would like to inform you about the termination of trading support for Steem Dollars (SBD).
- Reference: [Notice of Designation of Steem Dollars (SBD) as a Cautionary Item](https://upbit.com/service_center/notice?id=4763)
[Important Notes Regarding Termination of Trading Support]
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The termination of trading support for digital assets is in accordance with Upbit's digital asset trading support termination policy. : [Upbit Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf)
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The trading support for this digital asset will end on 2025-02-12 (Wed) at 17:00 KST.
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Upon termination of trading support, any orders (buy/sell) requested before the termination in the market will be collectively canceled.
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After this notice, services such as airdrops, wallet upgrades, and hard forks for digital assets scheduled for termination of trading support will not be supported.
[Notice of Termination of Digital Asset Trading Support]
Steem Dollars (SBD)
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Target Market: SBD/KRW, SBD/BTC
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Scheduled Termination Date: 2025-02-12 (Wed) 17:00 KST
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Reason for Termination of Trading Support
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Upbit has designated Steem Dollars (SBD) as a cautionary item on December 30, 2024, after comprehensively considering the purpose, function, and adoption status of the virtual asset according to best practices for virtual asset trading support. After further careful review of the virtual asset, Upbit has determined that the reasons for designating Steem Dollars as a cautionary item have not been resolved and decided to terminate trading support in accordance with the policy for designation and termination of cautionary items.
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Even if the market trading support for this digital asset is terminated, withdrawals will be supported for 30 days from the termination date (until 2025-03-14) in accordance with the trading support termination policy.
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Members who need to withdraw the above digital asset must proceed with the withdrawal by 2025-03-14. If you deposit (or mistakenly transfer) an asset whose trading support has been terminated, it will not be reflected in the deposit, and due to technical reasons, it may take a very long time to return (mistaken transfer) after the withdrawal support period ends, so please be sure to pay attention.
Upbit will always do its best to ensure safe trading for our customers.
Thank you.
※ Virtual assets are high-risk products that can result in the loss of all or part of your investment.

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