Upbit Suspends IOTX and META Deposits: Wallet Maintenance

27 June, 2025, 02:30 PM

Upbit, a leading South Korean cryptocurrency exchange, has announced a temporary suspension of deposit and withdrawal services for IoTeX (IOTX) and Metadium (META). This suspension is scheduled to commence at 23:00 on July 3rd, Korea Standard Time (KST). The exchange cited ongoing wallet system maintenance as the reason for the service disruption. This measure is intended to ensure the security and stability of the platform's digital asset infrastructure during the maintenance period. While deposit and withdrawal functionalities are paused, trading of IOTX and META will remain active on the Upbit exchange. Users can continue to buy and sell these cryptocurrencies. Upbit has not yet announced the expected duration of the suspension. It is crucial for users holding IOTX or META on Upbit to plan accordingly and avoid attempting any deposits or withdrawals during the maintenance window. Further updates will likely be posted on the Upbit announcement page. ```