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[Wallet] Note on Deposits and Withdrawals of Certain Digital Assets

LocalCoinSwap

Related type: Others

2023-12-18 23:07

Dear Traders, Please note the potential impact on deposits and withdrawals of certain digital assets due to inscriptions. An inscription refers to the recording of a message in a blockchain transaction, which acts as smart contract upon social consensus. As inscription contributes to additional demand for block generation, it increases network traffic and fees. Due to the impact of inscriptions, certain digital assets may have: - a delay in deposits and withdrawals - a suspension in deposits and withdrawals - temporarily increased withdrawal fees Digital assets that may be impacted : AELF, Ardor, Bitcoin, Bitcoin Cash, Bitcoin SV, Cardano, Cosmos Hub, EOS, Ethereum Classic, Klaytn, Luniverse, MediBloc, NKN, Ripple, Stellar Network, Waves, WAX, Zilliqa Note - If we need to suspend deposits or withdrawals, we will make a prior announcement. - If we temporarily adjust the withdrawal fee, the adjusted fee will be shown upon withdrawal. - Please note that there can be delays in deposits or withdrawals due to network congestion. - Depending on the network status, blockchain confirmation times and balance credit times may differ. - if there is maintenance in a particular wallet system, there may be delays in crediting deposits. To ensure stable deposit and withdrawal services, we are closely monitoring the blockchain network status. This announcement is to inform you of the current network status only and is not intended as investment advice. Thank you. Upbit Team. Find us on: - X: [https://twitter.com/upbitglobal] - Instagram : [https://www.instagram.com/upbit.exchange]