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Exchange Notice

[Upbit] Notice of Temporary Suspension of Tether (USDT) Withdrawals on Tron Network Due to Increased Wallet System Processing

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Exchange Announcement Bot
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  • Upbit announced a temporary suspension of Tether (USDT) withdrawals through the Tron network.
  • It stated that Tether (USDT) withdrawals through the Ethereum network are supported as normal.
  • It warned that deposit and withdrawal processing might be delayed during the suspension period.
STAT AI Notice
  • 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 wallet system processing issues with Tether (USDT), withdrawals through the Tron network are temporarily suspended. (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph 1)

Withdrawal requests will be processed sequentially, and if additional measures occur, we will inform you through announcements.

*Withdrawal services through the Ethereum network are available as normal.

For existing withdrawal requests, they may be processed sequentially depending on the wallet system processing situation.

The detailed information is as follows.

[Notice Regarding Temporary Suspension of Tether (USDT) Withdrawals]

  • Reason for suspension: Delay in wallet system processing due to increased withdrawal volume through the Tron network

  • Target digital asset: Tether (USDT) - Tron network

  • Impact range: Withdrawal of the target digital asset

[Precautions]

  • If the digital asset is deposited after the withdrawal support suspension point, it may not be reflected in the Upbit account, and in such cases, recovery may not be possible. Please be careful not to deposit after the suspension point.

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

  • If a deposit and withdrawal suspension occurs, there may be delays in deposit processing due to network congestion, and there may be a difference between the confirmation completion time of the transaction on the blockchain network and the deposit reflection time.

  • 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.

  • In the case of unplanned inspections such as wallet inspections and network inspections, deposits and withdrawals may occur on some blockchain networks before or after the announcement, 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 there are any peculiarities regarding the resumption of deposit and withdrawal support, we will inform you through this notice.

[Frequently Asked Questions]

  • Trading of the digital asset is supported without interruption regardless of the withdrawal suspension.

  • 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 and may result in the loss of all or part of your investment.


*This information is automatically generated.

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