[Upbit] Notice of Temporary Suspension of KAVA Deposits and Withdrawals Due to Network Upgrade (02/25 18:00 ~)

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

Due to the upcoming KAVA network upgrade, deposits and withdrawals will be suspended from 18:00 (KST) on February 25, 2025, until network upgrade stability is confirmed (to be announced later through this notice) (Article 17(1)(a) of the Enforcement Decree of the Virtual Asset Users Protection Act).

[Notice Regarding Temporary Suspension of KAVA Deposits and Withdrawals]

• Reason for suspension: KAVA network upgrade

• Target digital asset: KAVA - Kava network

• Scope of suspension: Target digital asset deposits and withdrawals

*View KAVA Network Upgrade Information

• Suspension period: From 18:00 on February 25, 2025 (Tue) ~ Resume of deposit/withdrawal support will be announced through this notice after confirming KAVA stability

[Important Notes]

• After the suspension of deposit/withdrawal support, KAVA deposits may not be reflected in your Upbit account and may be unrecoverable. Please DO NOT make any deposits after the suspension time.

• During the suspension period, deposit return procedures and withdrawal address registration for the digital asset will be temporarily suspended and will be processed sequentially after deposit/withdrawal support resumes.

• When deposits/withdrawals are suspended, delays may occur in deposit processing due to network congestion, and there may be differences between blockchain transaction confirmation time and deposit reflection time.

• Deposits/withdrawals may occur on some blockchain networks before or after the suspension time, but normal processing will not be possible during the maintenance period due to our wallet system processing status. Processing will be sequential after maintenance ends, which may delay reflection in member accounts.

[Frequently Asked Questions]

• Trading of the digital asset will continue without interruption regardless of deposit/withdrawal suspension.

• Upbit will work closely with the project team to protect members' assets safely, and any additional changes will be updated in this notice.

We ask for your understanding regarding this measure to ensure safe deposit and withdrawal support.

Thank you.

※ Virtual assets are high-risk products that may result in the loss of all or part of your investment.

*This information is automatically generated.