[Upbit] Notice of 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), support for deposits and withdrawals will be suspended from 2024.12.15 (Sun) 12:00 (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, Subparagraph 1).

[Notice on NEAR Network Upgrade]

• View Notice on NEAR Network Upgrade

[Time of Suspension of Deposit and Withdrawal Support]

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

[Time of Resumption of Deposit and Withdrawal Support]

• 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 issues 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 recovery may not be possible in such cases.

• 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 time of transaction confirmation 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 inspection period due to our wallet system processing status, and it will be processed sequentially after the inspection is completed, so there may be delays in reflecting it in your member account.

[Frequently Asked Questions]

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

• Upbit plans to closely cooperate with the project team to safely protect your assets, and if there are any additional or 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 and may result in the loss of all or part of your investment.

*This information is automatically generated.