Exchange Notice
[Upbit] Notice of Temporary Suspension of ZetaChain (ZETA) Deposits and Withdrawals Due to Network Upgrade (02/07 18:00~)
- Upbit announced that deposits and withdrawals will be temporarily suspended due to the ZetaChain (ZETA) network upgrade.
- Investors are advised to be cautious as deposits and withdrawals will be suspended from February 7, 2025.
- It was emphasized that the deposit return process will be suspended during the suspension period, and recovery may not be possible.
- 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 upcoming network upgrade of ZetaChain (ZETA), deposit and withdrawal support will be suspended from 18:00 (KST) on February 7, 2025, until the stability of the network upgrade is confirmed (further notice will be provided through this announcement) (Virtual Asset User Protection Act Enforcement Decree Article 17, Paragraph 1, Subparagraph 1).
[Notice Regarding Temporary Suspension of ZetaChain (ZETA) Deposits and Withdrawals]
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Reason for Suspension: ZetaChain (ZETA) Network Upgrade
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Target Digital Asset: ZetaChain (ZETA) - ZetaChain Network
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Scope of Suspension: Deposit and withdrawal of the target digital asset
*[View Details on ZetaChain (ZETA) Network Upgrade](https://github.com/zeta-chain/node/releases/tag/v27.0.1)
- Suspension Period: 2025-02-07 (Fri) 18:00 \~ Until the stability of ZETA deposits and withdrawals is confirmed, further notice will be provided through this announcement
[Precautions]
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If ZETA 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 the event of a suspension, there may be delays in deposit processing due to network congestion, and there may be a difference between the confirmation time of transactions on the blockchain network and the time they are reflected in your account.
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Deposits and withdrawals may occur on some blockchain networks before or after the suspension point, but due to the processing status of our wallet system, normal processing is not possible during the inspection period and will be processed sequentially after the inspection is completed, which may delay reflection in member accounts.
[Frequently Asked Questions]
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Trading of the digital asset will continue to be supported without interruption, regardless of the suspension of deposits and withdrawals.
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Upbit plans to work closely with the project team to ensure the safe protection of your assets, and if there are any additional or changes, we will update this announcement.
We ask for your understanding as this is a measure to support safe deposits and withdrawals.
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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