[Upbit] Notice of Temporary Suspension of Deposits and Withdrawals Due to ZetaChain (ZETA) Network Upgrade (01/29 18:00 ~)

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

Due to the upcoming network upgrade of ZetaChain (ZETA), support for deposits and withdrawals will be suspended from 18:00 (KST) on January 29, 2025, until the stability of the network 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 ZETA Network Upgrade]

• [View Notice Regarding ZETA Network Upgrade](https://github.com/zeta-chain/node/releases/tag/v25.0.0)

[Suspension of Deposit and Withdrawal Support]

• January 29, 2025 (Wed) 18:00 (KST) \~ Until the stability of the ZETA 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 ZETA network upgrade is completed and its stability is confirmed.

• The timing for the resumption of ZETA deposit and withdrawal support 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 ZETA after the suspension of deposit and withdrawal support, it may not be reflected in your Upbit account, and in such cases, recovery may be impossible.

• Please be aware of this and do not make any deposits after the suspension of deposit and withdrawal support.

• During the suspension period, the procedure for returning 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 your 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 situation, and it will be processed sequentially after the inspection is completed, so there may be delays in reflecting it in your member account.

[Frequently Asked Questions]

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

• Upbit plans to closely cooperate 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.