Temporary Suspension of SEI deposits/withdrawals due to network upgrade (04/30 20:00 ~)

Dear Upbit users,

Deposits/withdrawals for SEI will be temporarily suspended due to its network upgrade. Please refer to the details below.

[SEI network upgrade]

• Read about SEI network upgrade

[Deposits/withdrawals suspension timeline]

• 2024-04-30 20:00 ~ After confirming the stability of the network, a separate announcement will be made for the completion of the network upgrade.

[Resumption of deposits/withdrawals]

• Once the stability of the network is confirmed, we will resume the support of withdrawing and depositing of SEI.
• The time of reopening deposits/withdrawals will be updated through this announcement.*Any unexpected events regarding the resumption of deposits/withdrawal will be notified through this announcement.

[Notes]

• If you attempt to deposit SEI after deposit/withdrawal have been suspended, the deposit amount may not be reflected in your Upbit account. The amount may not be restorable.
• Please refrain from depositing SEI during the suspension.
• During the deposit/withdrawal suspension period, the return process for the following digital asset will be temporarily suspended. The return process will resume in sequential order after the resumption of deposits/withdrawals.
• Deposits may be delayed after the deposit/withdrawal suspension due to network congestion, etc and there might be a difference between the completion of blockchain network transaction confirmation and the actual deposit reflection.
• Deposits/withdrawals may occur in some blockchain networks before or after the suspension. The deposit/withdrawal will not be processed during the announced maintenance period and once the maintenance is completed, the deposit/withdrawal will be processed in sequential order.

[Frequently asked question]

• Even when the deposits/withdrawals of SEI are temporarily suspended, trading SEI will be unhindered.
• To protect your asset safely, Upbit will work closely with SEI Team. Any issues regarding this notice will be notified through this announcement.

Thank you.

※ If there is any discrepancy between the translated English version and the original Korean version, the Korean version shall prevail.※ Digital assets are highly volatile and your investment may result in significant loss.