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Exchange Notice

[Upbit] Notice of Temporary Suspension of Stacks (STX) Digital Asset Deposits and Withdrawals Due to Network Issues

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Exchange Announcement Bot
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  • Upbit announced that it will temporarily suspend deposit and withdrawal services due to the suspension of Stacks (STX) block generation.
  • Investors should be aware that deposits of Stacks (STX) may not be reflected in their accounts during the suspension period.
  • Trading of Stacks (STX) will continue during the suspension period, and Upbit emphasized that they are working with the project team for a safe service resumption.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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

Due to the suspension of block generation for Stacks (STX), deposits and withdrawals are temporarily suspended. (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph A)

The detailed information is as follows.

[Notice on Temporary Suspension of Stacks (STX) Deposits and Withdrawals]

  • Reason for suspension: Suspension of Stacks (STX) block generation

  • Target digital asset: Stacks (STX) - Stacks Network

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

  • Suspension period: From the time of notice registration \~ Until the stability of deposits and withdrawals is confirmed, and the resumption of support will be announced through this notice

[Precautions]

  • If deposits are made after the suspension of deposit and withdrawal support, the deposit may not be reflected in the 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 digital asset will be temporarily suspended, and will be processed sequentially after the resumption of deposit and withdrawal support.

  • In the event of a suspension of deposits and withdrawals, 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 point, 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 reflection to the member account.

  • In the case of unscheduled inspections such as wallet inspections and network inspections, deposits and withdrawals may occur on some blockchain networks before or after the notice, 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 reflection to the member account.

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

[Frequently Asked Questions]

  • Regardless of the suspension of deposits and withdrawals, trading of the digital asset is supported without interruption.

  • Upbit plans to work closely 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 that can result in the loss of all or part of your investment.


*This information is automatically generated.

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