Bithumb Suspends NEO Deposits and Withdrawals Due to Network Upgrade
CryptoNewsTerminal Staff24 May, 2024
Bithumb Suspends NEO Deposits and Withdrawals Due to Network Upgrade
Bithumb, one of the largest cryptocurrency exchanges in South Korea, has announced the temporary suspension of deposits and withdrawals of NEO. This suspension is effective from May 26th, 6 PM (KST) and is due to a scheduled network upgrade on the NEO blockchain. During the suspension period, users will not be able to deposit or withdraw NEO from their Bithumb accounts. However, trading of NEO will continue to be available on the exchange. Bithumb has not provided an estimated time for the completion of the network upgrade. Users are advised to stay updated on the exchange's official announcements for further information.
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