[Upbit] Notice of Temporary Suspension of Stacks (STX) Digital Asset Deposits and Withdrawals Due to Network Issues

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

Due to the suspension of block generation for Stacks (STX), deposits and withdrawals are temporarily suspended. (Article 17, Paragraph 1, Subparagraph A of the Enforcement Decree of the Virtual Asset User Protection Act)

The detailed information is as follows.

[Notice on Temporary Suspension of Stacks (STX) Deposits and Withdrawals]

• Reason for suspension: Suspension of Stacks (STX) block generation

• Target digital asset: Stacks (STX) - Stacks Network

• Scope of suspension: Deposits and withdrawals of the target digital asset

• Suspension period: From the time of notice registration \~ Until the resumption of deposit and withdrawal support is announced through this notice after confirming stability

[Precautions]

• If deposits are made after the suspension of deposit and withdrawal support, the deposits may not be reflected in the Upbit account, and in such cases, recovery may not be possible. Please be aware of this and do not make deposits after the suspension point.

• During the suspension period, the deposit return procedure for the 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 confirmation time of transactions on the blockchain network and the time they are reflected in the account.

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

• In the case of unscheduled inspections such as wallet inspections or network inspections, deposits and withdrawals 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 as it is processed sequentially after the inspection is completed.

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

[Frequently Asked Questions]

• Trading of the digital asset will continue to be supported without interruption regardless of the suspension of deposits and withdrawals.

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

*This information is automatically generated.