[Upbit] Notice of Temporary Suspension of Deposits and Withdrawals Due to FirmaChain (FCT2) Network Upgrade (Completed)

Update Date: 2024-12-20 17:38

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 FirmaChain (FCT2) Deposits and Withdrawals]

• Target Digital Asset: FirmaChain (FCT2) - FirmaChain Network

• Scope of Resumption: 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 FirmaChain (FCT2), support for deposits and withdrawals will be suspended from 2024.12.19 (Thu) 12:00 (KST) 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 FCT2 Network Upgrade]

• View Notice on FCT2 Network Upgrade

[Time of Suspension of Deposit and Withdrawal Support]

• 2024-12-19 (Thu) 12:00 KST ~ Until the stability of the FCT2 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]

• Once the FCT2 network upgrade is completed and stability is confirmed, we will resume deposit and withdrawal support.

• The time of resumption of FCT2 deposit and withdrawal support 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 FCT2 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 do not deposit after the suspension of deposit and withdrawal support.

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

• If a suspension of deposits and withdrawals 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 it is reflected in your account.

• 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 a delay in reflecting it in your account.

[Frequently Asked Questions]

• Although FCT2 deposits and withdrawals are temporarily suspended, FCT2 trading will continue to be supported without interruption.

• Upbit plans to closely cooperate with the FirmaChain project team to ensure the safe protection of your assets, and if any additional or changes occur, we will provide additional updates through 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.