Upbit Temporarily Suspends ADA Deposits and Withdrawals on September 1

IconCryptoNewsTerminal Staff29 Aug, 2024

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Upbit Temporarily Suspends ADA Deposits and Withdrawals on September 1

Upbit, a major South Korean cryptocurrency exchange, has announced that it will be temporarily suspending deposits and withdrawals of ADA (Cardano) on September 1, 2023, at 2 PM KST. This suspension is due to a scheduled ADA network upgrade, and it is expected to last for an unspecified duration. During this time, ADA trading will remain unaffected on the exchange. Upbit encourages users to be aware of this suspension and plan their ADA transactions accordingly to avoid any inconvenience.