Upbit Suspends DOT, NEAR, SC Deposits, Withdrawals for Wallet Upgrades
CryptoNewsTerminal Staff24 May, 2024
Upbit Suspends DOT, NEAR, SC Deposits, Withdrawals for Wallet Upgrades
Upbit, a leading South Korean cryptocurrency exchange, has announced the temporary suspension of deposits and withdrawals for Polkadot (DOT), Near Protocol (NEAR), and Siacoin (SC) due to scheduled wallet upgrades. The suspension will take effect on May 30, 2023, at 00:00 UTC and is expected to be completed within a few hours. During the maintenance period, users will not be able to deposit or withdraw these assets on Upbit. However, trading and other services will not be affected. Upbit advises users to refrain from making any deposits or withdrawals of DOT, NEAR, or SC during this time. Upbit regularly performs wallet upgrades to ensure the security and stability of its platform. The exchange has emphasized that the suspension is temporary and will be lifted once the upgrades are complete. Users are encouraged to check Upbit's official announcement for further updates on the maintenance schedule.
