Upbit Suspends MTL, LSK, and BRETT Deposits and Withdrawals for Network Upgrade

IconCryptoNewsTerminal Staff05 Sep, 2024

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Upbit Suspends MTL, LSK, and BRETT Deposits and Withdrawals for Network Upgrade

Upbit, a major South Korean cryptocurrency exchange, has announced that it will temporarily suspend deposits and withdrawals for MTL, LSK, and BRETT on September 11th at 3 PM KST due to a pending network upgrade. The suspension will affect all users of the exchange, and it is expected to last for several hours. Upbit has advised users to refrain from making any deposits or withdrawals of MTL, LSK, or BRETT during the suspension period. Any transactions made during this time may be delayed or lost. The exchange has also stated that it will provide further updates on the status of the network upgrade as they become available.