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

> Update date: 2025-02-28 18:09

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 the Resumption of KAVA Deposits and Withdrawals]

• Target digital asset: KAVA - Kava Network

• Resumption scope: Deposits and withdrawals of the target digital asset

Thank you for your patience.

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

Due to the upcoming network upgrade of KAVA, deposits and withdrawals will be suspended from 2025.02.25 (Tue) 18:00 (KST) until the stability of the network upgrade is confirmed (to be announced later through this notice) (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Item A).

[Notice Regarding Temporary Suspension of KAVA Deposits and Withdrawals]

• Reason for suspension: KAVA network upgrade

• Target digital asset: KAVA - Kava Network

• Suspension scope: Deposits and withdrawals of the target digital asset

*[View KAVA Network Upgrade Information](https://github.com/Kava-Labs/kava/releases/tag/v0.28.0)

• Suspension period: From 2025.02.25 (Tue) 18:00 until the resumption of deposit and withdrawal support is announced through this notice after confirming KAVA deposit and withdrawal stability

[Important Notes]

• If you deposit KAVA 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 of confirmation completion of transactions on the blockchain network and the time of deposit reflection.

• 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. After the maintenance is completed, they will be processed sequentially through a verification process, which may delay reflection in member accounts.

[Frequently Asked Questions]

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

• Upbit will work closely with the project team to ensure the safe protection of members' assets, and if there are any additional changes or updates, we will provide them through 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.