[Notice] Suspension of Application for Security Level Upgrade to 5

Photo by AbsolutVision on Unsplash

In order to introduce a new customer authentication system in accordance with the Act on the ‘Reporting and Use of Specific Financial Transaction Information’, applications for security level upgrade to 5 will be suspended until the new authentication service is initiated.

For more information, please refer to the following details or link.

[Details regarding the suspension of application for security level upgrade to 5]

  • Application suspension period: after 2021–01–11
  • Changes will be announced through a separate notice after the introduction of the new customer authentication system in accordance with the enforcement of the Special Act.

[Notes]

  • Security level 4 digital asset withdrawal limit: KRW 1 billion
  • Security level 5 digital asset withdrawal limit: KRW 5 billion
    *There is no difference between security level 4 and 5 except for an increase of the withdrawal limit.

Upbit will always maintain a high level of transparency and sound trading environment.
Thank you.

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