[Upbit] Notice of Termination of HIFI Trading Support (5/12 17:00)

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

We would like to inform you about the termination of trading support for HIFI.

• Reference: [[Trading] Notice of Designation of HIFI as a Cautionary Item](https://upbit.com/service_center/notice?id=4995)

[Important Notes on Termination of Trading Support]

• The termination of trading support for digital assets is in accordance with Upbit's digital asset trading support termination policy. : [Upbit Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf)

• The trading support for this digital asset will end on 2025-05-12 (Mon) at 17:00 KST.

• Upon termination of trading support, any orders (buy/sell) placed before the termination in the market will be canceled collectively.

• After this notice, services such as airdrops, wallet upgrades, and hard forks for digital assets scheduled for termination of trading support will not be supported.

[Notice on Termination of Digital Asset Trading Support]

HIFI

• Target Market: HIFI/KRW, HIFI/BTC

• Scheduled Date for Termination of Trading Support: 2025-05-12 (Mon) 17:00 KST

• Reason for Termination of Trading Support

• Upbit has designated HIFI as a cautionary item on March 28, 2025, after comprehensively considering factors such as arbitrary changes to important matters without justifiable reasons, changes in total issuance and circulation plans of virtual assets, changes in business plans and their extent, transparency and rationality of change procedures, and the reality and sustainability of the business. After further careful review of the virtual asset, Upbit has determined that the reasons for the designation of HIFI as a cautionary item have not been resolved and has decided to terminate trading support in accordance with the digital asset cautionary item designation and trading support termination policy.

• Even if the market trading support for the digital asset is terminated, withdrawals will be supported for 30 days from the termination date (\~2025-06-12) in accordance with the trading support termination policy.

• Members who need to withdraw the above digital asset must proceed with the withdrawal by 2025-06-12. If you deposit (or mistakenly transfer) a terminated asset, it cannot be reflected in the deposit, and after the withdrawal support period ends, it may take a very long time to return (mistaken transfer) due to technical reasons, so please be careful.

Upbit will always do its best to ensure safe trading for our customers.

Thank you.

※ Virtual assets are high-risk products and may result in the loss of all or part of your investment.

*This information is automatically generated.