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

Update Date: 2025-01-07 10:37

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 Stacks (STX) Deposits and Withdrawals]

• Target Digital Asset: Stacks (STX) - Stacks 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.

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

The detailed information is as follows.

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

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

• 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 ~ Resumption of deposit and withdrawal support will be announced through this notice after confirming stability

[Precautions]

• If you deposit the digital asset 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 careful not to 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 case of a suspension, delays in deposit processing may occur due to network congestion, and there may be a difference between the confirmation time of the transaction on the blockchain network and the time it is reflected in the deposit.

• Deposits and withdrawals may occur on some blockchain networks before or after the suspension, 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 the member account.

• In the case of unplanned inspections such as wallet inspections or 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 reflecting it in the member account.

• If any special circumstances occur 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 closely cooperate with the project team to ensure the safe protection of your assets, and if there are any additional or changes, we will provide updates in 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.