Upbit to Suspend ENJ Deposits and Withdrawals on September 19 for Network Upgrade

IconCryptoNewsTerminal Staff05 Sep, 2024

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Upbit to Suspend ENJ Deposits and Withdrawals on September 19 for Network Upgrade

Upbit, a leading cryptocurrency exchange in South Korea, has announced that it will be suspending deposits and withdrawals of Enjin Coin (ENJ) on September 19 at 7 PM KST due to a network upgrade. The suspension will begin on September 19 at 7 PM KST and is expected to last for several hours. During this time, users will not be able to deposit or withdraw ENJ from their Upbit accounts. Upbit has advised users to complete any pending ENJ deposits or withdrawals before the suspension takes effect. This network upgrade is part of Upbit's ongoing efforts to improve the security and stability of its platform. The exchange has not provided any specific details about the upgrade, but it is expected to bring a number of improvements to the ENJ network. Once the upgrade is complete, Upbit will resume deposits and withdrawals of ENJ. The exchange will provide further updates on the progress of the upgrade via its official website and social media channels.