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

Update Date: 2024-12-17 16:22

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

The inspection for stable deposit and withdrawal service support has been completed.

The detailed information is as follows.

[Notice on Resumption of NEAR Deposits and Withdrawals]

• Target Digital Asset: Near Protocol (NEAR) - Near Protocol Network

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

Thank you for your patience.

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

Due to the upcoming network upgrade of Near Protocol (NEAR), the support for deposits and withdrawals will be suspended from 12:00 PM (KST) on December 15, 2024, until the stability of the network upgrade is confirmed (to be announced through this notice later) (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph 1).

[Notice on NEAR Network Upgrade]

• View NEAR Network Upgrade Notice

[Deposit and Withdrawal Support Suspension Time]

• December 15, 2024 (Sun) 12:00 PM KST ~ Until the stability of the NEAR network upgrade is confirmed, the resumption of deposit and withdrawal support will be announced through this notice.

[Deposit and Withdrawal Support Resumption Time]

• We will resume deposit and withdrawal support once the NEAR network upgrade is completed and stability is confirmed.

• The resumption time for NEAR deposits and withdrawals will be updated through this notice.

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

[Precautions]

• If you deposit NEAR after the suspension time, it may not be reflected in your Upbit account, and in such cases, recovery may not be possible.

• Please be aware of this and do not deposit after the suspension time.

• During the suspension period, the deposit return procedure for the digital asset will be temporarily suspended and will be processed sequentially after the resumption of deposit and withdrawal support.

• If a suspension occurs, there may be delays in deposit processing due to network congestion, and there may be a difference between the confirmation time of the transaction on the blockchain network and the reflection time of the deposit.

• Deposits and withdrawals may occur on some blockchain networks before or after the suspension time, but normal processing is not possible during the inspection period according to our wallet system processing situation, and it will be processed sequentially after the inspection is completed, so there may be delays in reflecting it in the member account.

[Frequently Asked Questions]

• NEAR deposits and withdrawals are temporarily suspended, but NEAR trading is supported without interruption.

• Upbit plans to closely cooperate with the project team to safely protect your assets, and if there are any additional changes, we will update this notice.

We ask for your understanding as this is a measure for safe deposit and withdrawal support.

Thank you.

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

*This information is automatically generated.