Exchange Notice
[Upbit] Notice on Temporary Suspension of Cosmos (ATOM) Deposits and Withdrawals Due to Network Upgrade (Completed)
- Upbit announced that deposits and withdrawals of Cosmos (ATOM) will be temporarily suspended from January 29, 2025, due to a network upgrade.
- Cosmos (ATOM) staking applications will also be suspended, and the resumption schedule will be announced once the stability of deposits and withdrawals is confirmed.
- They advised caution regarding deposit delays and account reflection differences during the suspension.
- 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.
Update Date: 2025-01-30 19:12
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 Cosmos (ATOM) Deposits and Withdrawals]
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Target Digital Asset: Cosmos (ATOM) - Cosmos Hub Network
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Scope of Resumption: Deposits and withdrawals of the target digital asset
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Additional Resumption Scope: Cosmos (ATOM) staking application
Thank you for your patience.
Hello. This is Upbit, the most trusted global standard digital asset exchange.
Due to the upcoming network upgrade of Cosmos (ATOM), support for deposits and withdrawals will be suspended from 2025.01.29 (Wed) 18:00 (KST) until the stability of the network upgrade is confirmed (to be announced through this notice later) (Article 17, Paragraph 1, Subparagraph 1 of the Enforcement Decree of the Virtual Asset User Protection Act).
[Notice on Temporary Suspension of Cosmos (ATOM) Deposits and Withdrawals]
-
Reason for Suspension: Cosmos (ATOM) network upgrade
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Target Digital Asset: Cosmos (ATOM) - Cosmos Hub Network
-
Scope of Suspension: Deposits and withdrawals of the target digital asset
-
Additional Impact Scope: Suspension of Cosmos (ATOM) staking application
- Suspension Period: 2025-01-29 (Wed) 18:00 ~ Until the stability of Cosmos (ATOM) deposits and withdrawals is confirmed, resumption will be announced through this notice
[Precautions]
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If ATOM is deposited after the suspension point, it may not be reflected in your Upbit account, and recovery may not be possible in such cases. Please be cautious and do not deposit after the suspension point.
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During the suspension period, the deposit return process for the digital asset will be temporarily suspended and will be processed sequentially after the resumption of deposit and withdrawal support.
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In case of 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.
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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 reflecting it in the member account.
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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 reflecting it in the member account.
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If any special circumstances arise regarding the resumption of deposit and withdrawal support, we will inform you through this notice.
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During the suspension period, the application for Cosmos (ATOM) staking will be temporarily suspended. However, the unstaking application can be used normally, and the unstaked amount will be reflected after the resumption of deposits and withdrawals. (Staking rewards and validators operated by Upbit are not affected by the suspension.)
[Frequently Asked Questions]
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Although ATOM deposits and withdrawals are temporarily suspended, ATOM trading is supported without interruption.
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Upbit will closely cooperate with the project team to safely protect your assets, and if any additional or changes occur, 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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