Upbit temporarily suspends MINA Deposits and Withdrawals Due to Network Upgrade

IconCryptoNewsTerminal Staff28 May, 2024

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Upbit temporarily suspends MINA Deposits and Withdrawals Due to Network Upgrade

Upbit, a renowned cryptocurrency exchange, recently announced through its official homepage that it will temporarily suspend both deposits and withdrawals of MINA (MINA) on June 4th at 12pm (KST). This suspension is a precautionary measure taken in light of an upcoming network upgrade. Upbit assured its users that the suspension is solely for maintenance purposes and that trading of MINA will not be affected. The exchange emphasized its commitment to providing a secure and stable trading environment for its users, and stated that the exact time of resumption of deposits and withdrawals will be announced once the network upgrade is complete. This temporary suspension is a non-event for MINA traders as trading will continue unaffected. Upon completion of the network upgrade, users will be able to resume deposits and withdrawals of MINA on Upbit as usual.