Exchange Announcement

[Upbit] Notice of Temporary Suspension of SGB Withdrawals Due to Wallet Upgrade (03/04 22:00 ~)

Source
Exchange Announcement Bot

Summary

  • Upbit announced that it will temporarily suspend withdrawal support for Songbird(SGB) from 10 PM on March 4, 2025, due to a wallet upgrade.
  • The company stated that deposit return procedures and withdrawal address registration procedures for the asset will also be temporarily suspended during the withdrawal suspension period.
  • Withdrawal support will resume after stability is confirmed and will be processed sequentially after the resumption point.

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

Due to an upcoming wallet upgrade for Songbird(SGB), withdrawals will be suspended from 2025-03-04(Tue) 22:00 (KST) until the stability of the wallet upgrade is confirmed (to be announced later through this notice).(Article 17, Paragraph 1, Item A of the Enforcement Decree of the Virtual Asset Users Protection Act).

[Information Regarding Temporary Suspension of SGB Withdrawals]

  • Reason for suspension: Wallet upgrade

  • Target of suspension: Songbird(SGB)

  • Scope of suspension: Withdrawal of the target digital asset

  • Suspension period: 2025-03-04(Tue) 22:00 \~ Resumption of withdrawal support will be announced through this notice after confirming SGB withdrawal stability

*Songbird(SGB) is an asset distributed through airdrop on Upbit, and only withdrawals are supported.

[Notes]

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

  • Withdrawals may occur on some blockchain networks before or after the suspension point, but normal processing will not be possible during the maintenance period depending on our wallet system processing status. After the maintenance is completed, they will be processed sequentially through a verification process, which may delay reflection in member accounts.

We ask for your understanding as this measure is to ensure safe withdrawal support.

Thank you.


*This information is automatically generated.

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