[Upbit] Notice of Temporary Suspension of Cosmos (ATOM) Deposits and Withdrawals Due to Network Upgrade (02/26 18:00 ~)

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

Due to the upcoming Cosmos (ATOM) network upgrade, deposits and withdrawals will be suspended from 18:00 (KST) on Wednesday, February 26, 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 Cosmos (ATOM) Deposits and Withdrawals]

• Reason for suspension: Cosmos (ATOM) network upgrade

• Target digital asset: Cosmos (ATOM) - Cosmos Hub network

• Scope of suspension: Target digital asset deposits and withdrawals

• Additional impact: Suspension of Cosmos (ATOM) staking applications

*View Cosmos (ATOM) Network Upgrade Notice

Suspension period: From 18:00 on Wednesday, February 26, 2025 ~ Resumption of deposit and withdrawal support will be announced through this notice after confirming Cosmos (ATOM) stability

[Precautions]

• After the suspension of deposit and withdrawal support, ATOM deposits may not be reflected in your Upbit account, and such cases may be unrecoverable. Please be aware of this and absolutely do not make 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 and withdrawal support resumes.

• When deposits and withdrawals are suspended, deposit processing may be delayed due to network congestion, and there may be differences between transaction confirmation time on the blockchain network and deposit reflection time.

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

• For unscheduled maintenance such as wallet maintenance and network maintenance, deposits and withdrawals may occur on some blockchain networks before or after the notice, but normal processing is not possible during the maintenance period according to our wallet system processing status. Processing will be sequential after maintenance ends, which may delay reflection in member accounts.

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

• During the deposit and withdrawal suspension period, Cosmos (ATOM) staking applications will be temporarily suspended. However, unstaking applications will be available normally, and unstaked amounts will be reflected after deposits and withdrawals resume. (Staking rewards and Upbit-operated validators are not affected by the deposit and withdrawal suspension.)

[Frequently Asked Questions]

• While ATOM deposits and withdrawals are temporarily suspended, ATOM trading will continue without interruption.

• Upbit will closely cooperate with the project team to safely protect members' assets, and if there are any additions or changes, we will update this notice.

We ask for your understanding regarding this measure for 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.