Exchange Announcement

[Upbit] Notice of Temporary Suspension of Withdrawals for Reddcoin (RDD), Syscoin (SYS), Verge (XVG) Due to Wallet Upgrade (02/06 23:00 ~)

Source
Exchange Announcement Bot

Summary

  • Upbit announced that it will temporarily suspend withdrawals for Reddcoin (RDD), Syscoin (SYS), and Verge (XVG) due to a wallet upgrade.
  • The suspension of withdrawals will begin at 23:00 (KST) on February 6, 2025, and is expected to resume after the stability of the upgrade is confirmed.
  • During the suspension of withdrawal support, deposit returns will be temporarily suspended and processed sequentially after the inspection ends.

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

Due to the upcoming wallet upgrade for Reddcoin (RDD), Syscoin (SYS), and Verge (XVG), withdrawal support will be temporarily suspended from 23:00 (KST) on February 6, 2025 (Thursday) until the stability of the wallet upgrade is confirmed (further notice will be provided through this announcement). (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph 1).

[Notice Regarding Temporary Suspension of RDD, SYS, XVG Withdrawals]

  • Reason for suspension: Wallet upgrade

  • Assets subject to suspension (assets with terminated trading support): Reddcoin (RDD), Syscoin (SYS), Verge (XVG)

  • Scope of suspension: Withdrawal of the specified digital assets

  • Suspension period: From 23:00 on February 6, 2025 (Thursday) \~ Withdrawal support will be resumed after confirming the stability of RDD, SYS, XVG withdrawals, and further notice will be provided through this announcement.

*Reddcoin (RDD), Syscoin (SYS), Verge (XVG) are assets with terminated trading support on Upbit, and only withdrawals are supported.

[Precautions]

  • During the withdrawal support suspension period, the deposit return procedure for the specified 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 due to the status of our wallet system processing, normal processing is not possible during the inspection period, and it will be processed sequentially after the inspection is completed, which may delay the reflection in member accounts.

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

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