[Upbit] Notice of Temporary Suspension of Cosmos (ATOM) Deposits and Withdrawals Due to Network Upgrade (Completed)

> Update date: 2025-02-27 15:37

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

The maintenance for stable deposit and withdrawal services has been completed.

Detailed information is as follows.

[Notice Regarding Resumption of Cosmos (ATOM) Deposits and Withdrawals]

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

• Scope of resumption: Deposits and withdrawals of the target digital asset

• Additional scope of resumption: Cosmos (ATOM) staking applications

Thank you for your patience.

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

Due to the upcoming network upgrade of Cosmos (ATOM), deposits and withdrawals will be suspended from 2025.02.26 (Wed) 18:00 (KST) until the stability of the network 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).

[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: Deposits and withdrawals of the target digital asset

• Additional affected scope: Suspension of Cosmos (ATOM) staking applications

*[View information about Cosmos (ATOM) network upgrade](https://www.mintscan.io/cosmos/proposals/988)

Suspension period: 2025-02-26 (Wed) 18:00 ~ Resumption of deposit and withdrawal support will be announced through this notice after confirming the stability of Cosmos (ATOM) deposits and withdrawals

[Important Notes]

• If you deposit ATOM after the suspension of deposit and withdrawal support, it may not be reflected in your Upbit account, and in such cases, recovery may not be possible. Please be aware of this and absolutely refrain from making deposits after the suspension time.

• During the suspension period, deposit return procedures and withdrawal address registration procedures 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, there may be delays in deposit processing due to network congestion and other reasons, and there may be differences between the time when transactions are confirmed on the blockchain network and when deposits are reflected.

• 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 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.

• In case of unscheduled maintenance such as wallet maintenance or 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 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.

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

• During the suspension period, Cosmos (ATOM) staking applications will be temporarily suspended. However, unstaking applications can be used normally, and the amounts completed for unstaking will be reflected after deposits and withdrawals resume. (Staking rewards and the validator operated by Upbit are not affected by the suspension of deposits and withdrawals.)

[Frequently Asked Questions]

• ATOM deposits and withdrawals are temporarily suspended, but ATOM trading continues to be supported without interruption.

• Upbit will work closely with the project team to safely protect members' assets, and if there are any additional changes or updates, we will provide further updates in this notice.

We appreciate 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 is automatically generated information.