Exchange Announcement
[Upbit] Notice of MAGIC Deposit/Withdrawal Resumption Following Network Migration Completion (02/21 19:00)
Summary
- Upbit announced the resumption of deposit and withdrawal services through the new Treasure Chain network following MAGIC's network migration completion.
- Users must generate new deposit addresses as previous addresses cannot be recovered, emphasizing caution regarding incorrect deposits.
- The minimum deposit/withdrawal amount for MAGIC is 1 MAGIC, and the withdrawal fee is also 1 MAGIC.
> Previous deposit addresses will not be available after the suspension time (2/20 11:00). Please refer to the information below to avoid any incorrect MAGIC transfers (wrong deposits).
> Please note that deposits to previous MAGIC (Arbitrum One network) addresses after the suspension time (2/20 11:00) cannot be recovered.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
Following the completion of MAGIC's network migration to Treasure Chain network, we are resuming MAGIC deposit and withdrawal services.
- Reference: [Notice of MAGIC Deposit/Withdrawal Suspension Due to Network Migration](https://upbit.com/service_center/notice?id=4869)
[MAGIC Deposit/Withdrawal Resumption Schedule]
- MAGIC deposit/withdrawal services will resume: 2025-02-21 19:00 KST (planned)
*Any changes to the resumption schedule will be updated through this notice.
[Important Deposit/Withdrawal Notes]
-
Please make sure to generate a new MAGIC deposit address before making any deposits.
-
After 2025-02-20 11:00, deposits to previous MAGIC addresses (Arbitrum One network) or deposits of existing MAGIC to new addresses (Treasure Chain network) will not be reflected in your Upbit account and cannot be recovered.
-
Minimum deposit/withdrawal amounts and withdrawal fees are as follows:
-
Minimum deposit amount: 1 MAGIC
-
Minimum withdrawal amount: 1 MAGIC
-
Withdrawal fee: 1 MAGIC
Upbit will always prioritize our members' assets.
Thank you for your patience.
※ Virtual assets are high-risk products that may result in partial or complete loss of investment.

*This information is automatically generated.

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