[Upbit] Notice of Temporary Suspension of MultiversX (EGLD) Deposits and Withdrawals Due to Network Upgrade (Completed)

> Update Date: 2025-02-05 13:56

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

The inspection for stable deposit and withdrawal service support has been completed.

The detailed information is as follows.

[Notice on Resumption of MultiversX (EGLD) Deposits and Withdrawals]

• Target Digital Asset: MultiversX (EGLD) - MultiversX Network

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

Thank you for your patience.

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

Due to the upcoming network upgrade of MultiversX (EGLD), support for deposits and withdrawals will be suspended from 2025-02-04 18:00 (KST) until the stability of the network upgrade is confirmed (to be announced later through this notice) (Article 17, Paragraph 1, Subparagraph 1 of the Enforcement Decree of the Virtual Asset User Protection Act).

[Notice on EGLD Network Upgrade]

• [View Notice on EGLD Network Upgrade](https://github.com/multiversx/mx-chain-mainnet-config/releases/tag/v1.8.9.0)

[Time of Suspension of Deposit and Withdrawal Support]

• 2025-02-04 (Tue) 18:00 (KST) \~ Until the stability of the EGLD network upgrade is confirmed, the resumption of deposit and withdrawal support will be announced through this notice.

[Time of Resumption of Deposit and Withdrawal Support]

• We will resume deposit and withdrawal support once the stability of the EGLD network upgrade is confirmed.

• The time of resumption of EGLD deposit and withdrawal support will be updated through this notice.

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

[Precautions]

• If you deposit EGLD after the suspension of deposit and withdrawal support, it may not be reflected in your Upbit account, and in such cases, recovery may not be possible.

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

• 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 case of a suspension of deposits and withdrawals, delays in deposit processing may occur 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 time, 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 a delay in reflecting it in your account.

[Frequently Asked Questions]

• Although EGLD deposits and withdrawals are temporarily suspended, EGLD trading will continue 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 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.