Exchange Announcement

[Upbit] Notice of Temporary Suspension of ZetaChain (ZETA) Deposits and Withdrawals Due to Network Upgrade (02/24 18:00~)

Source
Exchange Announcement Bot

Summary

  • Upbit announced that deposit and withdrawal support for ZetaChain (ZETA) will be suspended from 18:00 on February 24, 2025 due to network upgrade.
  • During the suspension period of ZETA deposits and withdrawals, deposit return procedures and withdrawal address registration for the related digital asset will be temporarily suspended.
  • Trading of the digital asset will continue without interruption despite the suspension of deposits and withdrawals due to the network upgrade.

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

Due to the upcoming network upgrade of ZetaChain (ZETA), deposit and withdrawal support will be suspended from 18:00 (KST) on 02/24/2025 until the 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 ZetaChain (ZETA) Deposits and Withdrawals]

  • Reason for suspension: ZetaChain (ZETA) network upgrade

  • Target digital asset: ZetaChain (ZETA) - ZetaChain Network

  • Scope of suspension: Target digital asset deposits and withdrawals

*View ZetaChain (ZETA) Network Upgrade Notice

  • Suspension period: From 18:00 on Monday, February 24, 2025 ~ Resumption of deposit and withdrawal support will be announced through this notice after confirming ZETA stability

[Important Notes]

  • After the suspension of deposit and withdrawal support, ZETA deposits may not be reflected in your Upbit account and may be unrecoverable. Please be aware of this and absolutely 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 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 the confirmation time of transactions on the blockchain network and the deposit reflection time.

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

[Frequently Asked Questions]

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

  • Upbit will work closely with the project team to safely protect members' assets, and if there are any additional changes or updates, we will update 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 part or all of your investment.


*This information is automatically generated.

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