Coinone Halts NTRN Deposits and Withdrawals Amid Network Upgrade

IconCryptoNewsTerminal Staff09 Jul, 2024

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Coinone Halts NTRN Deposits and Withdrawals Amid Network Upgrade

Coinone, a prominent South Korean cryptocurrency exchange, has announced a temporary suspension of Neutron (NTRN) deposits and withdrawals. This measure will take effect on July 10th, starting from 6 PM KST. The suspension is a precautionary step taken during a scheduled network upgrade on the Neutron network. Coinone has assured users that the upgrade aims to enhance the stability and security of the NTRN network. During the suspension period, NTRN deposits and withdrawals will be unavailable, but users will still have access to their NTRN holdings on the exchange. Coinone has not specified a timeline for the network upgrade and subsequent resumption of NTRN deposits and withdrawals. The exchange has advised users to plan their NTRN transactions accordingly and monitor their official channels for updates on the network upgrade and the resumption of NTRN trading. Coinone has emphasized its commitment to providing users with a secure and efficient trading platform.

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